Hello there guys,
I have a simple strategy that when the 5 period EMA crosses above the 10 and 20 period EMAs, I enter LONG on the second candle after the confirmation and vise versa for SHORT.
I have a predefined SL and TP, but I want the EA to trade only once when I get the signal (at the point of Crossover ONLY) therefore I do not want it to go long again once I am out by SL and TP unless the cross happens again.
I am stuck at this point and would appreciate your help a lottt! Thank YOU
can you attach a screnshot of the entry candle (entry point)? That would help me to setup the rules. Can be also sent to email@example.com
Thank you for your prompt reply.
I have attached my Entry candle for both Long and Short and also a screenshot of what I have tried to write on EA Wizard as an entry strategy. I have tried to explain my entry rule on the attached picture “Visual Explanation”, that requires only one entry per each cross-over of EMAs. I greatly appreciate your time and help in this matter. Thank You
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