My strategie, scalping

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hello 

My name is Donovan, I am a user of community power for 1 year.

I have a strategy for you, I do not know if it is possible to build it automatically, unfortunately I am a noob in infomatique and I am very bad in English so difficule to understand. It is a very simple method and it is likely that it exists but I have not found it.


My method is simple, the position must be short, using a graph of a period of 1 minute ( see maximum 5 )

It opens the position with the rsi and the macd

It closes the position with the middle of the bollinger band

I- Open the position

As I said earlier, two indicators will be needed to open the position the rsi and the macd.

The RSI level is between 30 and 70 over a period of 14; closed.

Image 3008

Macd at Fast AMS 12; Slow AMS 26; MACD SMA 9; Closed

Image 3009

OPEN BUY: When the rsi is below 30 and the rsi is on the red line of the macd

Image 3010

OPEN SELL: when the rsi is above 70 and the rsi is below the red line.

Image 3011

II- Close the position

Is it possible to close a position when the bar touches the median line of the bollinger bands?

The images will be easier to understand, sorry my English.
The round is the position opening, the line at the top is the closing.

Image 3012

Image 3013

Image 3014

Image 3015

Here an example where position opening is false. If i want open buy, the red line must to be under the rsi

Image 3016

sorry I’m trying to explain my thoughts but it’s difficult:D

thank you all for your help :)

MT version:
Set for MT5 only
EA version:
Last
Symbol:
?
TimeFrame:
1 or 5
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Ulises Cune

Hello Donovan,

I'm going to try to help you put it together, to see if we can do it together.


I- Open the position

As I said earlier, two indicators will be needed to open the position the rsi and the macd.

RSI and MACD "Open on" => "Open on Collective signal"


The RSI level is between 30 and 70 over a period of 14; closed.


Macd at Fast AMS 12; Slow AMS 26; MACD SMA 9; Closed

OPEN BUY: When the rsi is below 30 and the rsi is on the red line of the macd

Here I am not sure if this option is correct with what you say in your strategy. Maybe someone who knows more can confirm or correct.



II- Close the position

Is it possible to close a position when the bar touches the median line of the bollinger bands?

The line in the middle of the bands is a simple SMA of 20. It is the same as using a Simple Moving Average of 20.

Check it out by placing a Bollinger Band on the bottom and a 20 Simple Moving Average on top.

Could be like this:

I leave you the configuration file.

I recommend that you read the documentation and any questions, let me know.

https://docs.google.com/document/d/1ww1M97H54IBwtCKZDhxtqsTsrtEMKofXHMEWMGCyZNs/edit#heading=h.kxlu8rqcyuty


donovan.set

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Sai Pratap

My results r good with octafx. Thanks Ulises and Donovan.

Only point is 2020-mid 2021 is very flat.

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Hannes Waser
Quote from Sai Pratap

My results r good with octafx. Thanks Ulises and Donovan.

Only point is 2020-mid 2021 is very flat.

That is probably where the EA was initially optimized on :)

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Sai Pratap
Quote from Hannes Waser

That is probably where the EA was initially optimized on :)

It is not optimized. It is just developed based on the strategy. :)