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An EA that initiates a trade when the 30 minutes candlestick cuts through the bollinger band , and closes .
meaning the opening price is at one side of the bollinger band and the closing price is on the other side .
If it is a bullish candlestick , a buy signal must be executed , with a take profit of 7 points on the Dow30 .
If it is a bearish candlestick, a sell signal must be executed , with a take profit of 7 points on the Dow 30.
Both trades must have a stop loss of 170 points .
Also add the feature of closing the trade after a period of time which i could specify , for example close the trade at market price after 10 minutes
Sometimes the closing price is on the bollinger band, this should not lead to an execution of the trade . the 2 sides must be clearly under or above the respective bollinger bands. All 3 bollinger bands should be working .
I also want a breakeven stop loss (including the commission of $30) .
If the candlestick after the one which would signal the order , also fulfill the requirements of signaling a new order , then it is fine , we execute 2 orders back to back .
All this would lead to a trade if the Stochastic is between 20 and 80 and the RSI is between 30 and 70
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see trade open on every tick seconde ok forex pair us us30 if is current running at 40170.00 so open 2 trade buy stop and sell stop both in every tick pending order of buy stop will 40171.00 and sell stop pending order will be 40169.00 buy stop will open at 40171.00 and tp will be 40173.00 and SL will be 40169.50 ok if buy stop hit sell stop order automatically will be close now if sell stop order open at 40169.00 so
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