Obviously the EA will have all the common parameters that will enable the EA to pass the challenge.
Description for Trading Bot: And open to suggestions:
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50 EMA and 200 EMA (works for 15 min, 1hr., 4hr, and 1 day timeframe)
Conditions: Enter buy signal if the 50 EMA crosses above the 200 EMA
Enter Sell signal if the 50 EMA crosses below the 200 EMA
Possible problem is in the consolidation area, there will be a lot of crossover over time.
Possible solution: bots only execute a trade when a confirmed breakout occurs.
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Automatic detection for Support and Resistance Level,
Conditions: Must apply the No. and a break of support and resistance level should indicate a good entry position,
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Automatic detection for HIGH and LOW
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Stop loss:
Conditions: recent swing HIGH and Low
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RSI
Conditions: A trigger signal to enter a trade above 80-90% when oversold
A trigger signal to enter a trade below the 10-20% overbought level
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Would it be possible for a breakout detector? Like pattern breaks
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