Friday, March 6, 2020

emas1 here it comes Intro

This replace trailer1 robot in the 658 trading chart.
Trailer1 still have the tendency to hit rock bottom (SL) when its turning round. The TS fails to achieve the max as it hit small profits.
So we change this to oldschool no TS on a 1 hr chart that we called emas1 as it is based on exp moving average

It check that there is no trade going on
It runs basing on the hour but not every hour as it is not based on new bar related.
BUY
Candle must close above emas100
MACD main line is above signal line
MACD c1 line is higher than MACD c2
If all of this signals are met, it will close opposite position

Its ori TP/SL is 100

This happening every hour basing on 1 hour bar
As it runs whenever MACD SL is below ML it check if the trade is in profit, if yes it will close it.
If MACD also falls below 0 it will close Buy position

At this instant it will open a BUY position again if MACD ML close above SL and the candle still close above emas100.

Vice versa for sell. GS