I require the development of a complex EA.
It involves Murray Maths Lines, Range Bars, Trend Line.
The best way to explain it is to walk through a trade.
Look at the two images attached. Every time the EA trades to open, it places TWO buys or TWO sells. I have attached the TWO Opens it would place, and exactly how they would then be closed.
Here, it basically buys in accordance with the entry rules, then exits at the next murry math line
Here is basically buys in accordance with the entry rules, then exits if the Magic Trend Line changes colour.
If Magic Trend line is Blue, then only BUY, if red then ONLY SELL to open.
Also, magic trend line must move (go higher or lower) for a valid entry.
Then simply wait for the range bars to close higher than previous bar, and enter when it does.
Range bar must come down and at least touch the Magic Trend line for an entry.
Price starts to move down, and then touches the MagicTrendLine (blue line), so now as soon as the price closes above previous bar, then i will open the trade. This occurs where you see the red arrow i've drawn. Here is closed above previous bar so hence i go LONG, and the exit is simply the target which is the next Murry Maths Line, and so i exited when it hit that.
Same as Buy1, only exit strategy is different.
So again, Magic Trend line is blue, so i am looking for a buy, i wait for it to hit the Magic Trend Line, and it does, so now i will enter when we get a close above previous bar, assuming (line stays blue), this happens and i go long at the first red arrow.
Then i simply wait for Magic Trend Line to change colour, and when it does then i exit.
So anyway, that is the system in a nutshell, of course there are other things, and some other minor filters involved which you will not understand here, but this is the main system, and the remainder minor filter details (before entry) can be explained on skype.
KEEP IN MIND!!!! This must work on RANGE BARS!!! not just time bars..
I am using RANGE BARS HERE!!!