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I’d like to have a robot built using M1 TMA Band )20), with ZZ indicators and a STL indicator.
Sell entry
When a ZZ (royal-blue or yellow) forms outside of the TMA price boarder (top side) the first trigger is activated. If a new high is formed inside the TMA band the previous trigger is cancelled before the STL changes colour (direction). When the STL changes colour (direction) for more than 5 seconds or still moves in the same colour direction - entry trigger is activated - for a sell entry with a predetermined & editable stop loss. TP when the price hits the opposite side of the TMA band.
Buy entry
For the opposite for a buy entry when a ZZ (royal-blue or yellow) forms outside of the TMA Band (bottom side) the first trigger is activated. If a new low is formed inside the TMA band the previous trigger is cancelled before the STL changes colour (direction). When the STL changes colour (direction) for more than 5 seconds or still moves in the same colour direction - entry trigger is activated – for a buy entry with a predetermined & editable stop loss. TP when the price hits the opposite side of the TMA band.
Instruction on how to use & load need to be included, a stop loss and lot size need to be adjustable.
This robot will be able to work on both Demo and Real account and testable on any forex pairs, metals or crypto.
Multiple trades can be running at once if ZZ to ZZ on the opposite side of the TMA Band.
The robot should be usable on any timeframe but set up for the M1 timeframe.
For MT4 platform.
Disable and alert function if 5 losses in a row are had.
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