Hello Funyoo – Would you look this manual system with making an EA in mind.
It is very simple, but I find it very profitable if traded at the proper times.
This EA needs:
1. Heiken Ashi Bars
2. 2 moving averages Simple, Period 5, Shift 1, applied to close
Simple, Period 3, Shift 0, applied to close
3. QQE Adv. Settings 1,8,3
4. Profit Target and Stop Loss
5. Option to trade at certain time of day ( I trade London Open to 2 hours after NY Open)
6. Fresh Trades only
7. Will reverse if opposing entry conditions are met
Here are the conditions for entry:
The moving averages must be crossed and the heiken ashi bar must be the correct colour. The actual entry occurs when the QQE has crossed the signal line and then crosses the 50 line. (from above for a sell and below for a buy) This doesn’t have to happen at the same time, but must be in the correct order. The signal line must be crossed first, but can be the same time as the 50 is crossed, but the trade is invalid if the 50 crosses first then crosses the signal line on a later bar.
Entry is made on the close of the bar.
Thank you very much for your time.