funchi wrote: Wed Apr 10, 2024 9:21 pm I am free during the day Japan time.
I will create it, so please explain it to me.

Fantastic!
I'll go explain.
It's very simple.

I use NaDARAYA ESTIMATOR with default settings. Disable arrows and alerts. This indicator repaint but is not a problem and i just want it that way.
Timeframe 5m -15m - 30m-1h
Only in trend
Forex - indicies - commodities

Rules:

Sell
1. wait for the blue candle to open and close its body out of the upper band of the nadaraya estimator
2 . if the next candle changes color (to red), open the short at the close of the candle (see attached photo). The color change is important see second photo:
first candle open and close outside the band but the next don't change color , so I wait the next one, change color and BOOM!
3. Stop Loss 10 pips above the color change candle
4. Sell if the price is below 50 EMA on timeframes H4


Buy

1. wait for the red candle to open and close its body out of the lower band of the nadaraya estimator
2 . if the next candle changes color (to blue), open the buy at the close of the candle (see attached photo).
3. Stop Loss 10 pips above the color change candle
4. Buy if the price is above 50 EMA on timeframes H4


Ok, I hope I have been clear and I attach the indicator.

Thank you very much for your effort