Hi Timmy,TimmyHanke wrote: Sun Sep 17, 2017 7:50 pm
This should be it , sorry for saying that the momentum closing didnt work , didnt actually check it before and didnt realize that it was apart of the squeeze break indicator , thought it was added to the same window.
Bbands should do what you want it to do if i understood correctly.
But im not sure that all of the closings will act correctly because some dont open positions on the opposite of the closings so because of that you can get an instant closing of the position , lets say for example that you but when squeeze break hitstro is green , and that you close all of the positions if momentum is below 0 , then when that buy trade triggers the momentum can actually be below 0 and instantly closes it.
Therefor i made another and added so that the ea checks that the momentum is above 0 and that the histro is green as well before entering , so that the 4th closing dosnt instaclose it .
So the one called Bbands test is that one.
Try them out
Thanks for the EA. I put the EA to test (back and forward). Seems it's taking trades before all conditions are met. Please see the attached USDCAD trade.
There was no short setup there yet. One of the condition is not met.
BUY conditions:
1) Candle close above blue BB stops
2) Momentum line value > 0, Green histo > 0, Red histo = 0 (all from BB squeeze)
Trigger - Next candle breaks the high of candle close (of condition 1) - enter the trade.
Stop loss is below blue BB stops. Trailing SL is with BB stops. Close on reverse or when price hits SL.
SELL condition is reverse.
Optional - BE move, multi entry/multi exit strategy. - Can be added at a later stage to avoid any confusions.
Apologies for my poor English (not my native language). This may have lead to me not explaining the strategy properly.
