Opening (Entry Signal)
Open a new long position or add to an existing one at the Upper Band of Bollinger Bands* when the following logic conditions are satisfied:
the MACD Histogram* is higher than the Level 0.
the MACD Line is higher than the Level 0.
the current time is between T1 and T2
the price crosses over the Upper Band of Bollinger Bands
the current bar close above the Upper Band of Bollinger Band
the ADX is greater than 25
Closing (Exit Signal)
Close an existing long position when one of the following logic conditions is satisfied:
the MACD Histogram* is lower than the Level 0.
the MACD Line is lower than the Level 0.
the market rises x pips from the last entry price, where x is a percentage of the Average Daily Range
Always trade a constant number of lots.
Opening of a new position – 1 lot.
Adding to a position – 1 lot. Do not open more than 20 lots.
The Permanent Stop Loss limits the loss of a position to y pips per open lot (plus the charged spread and rollover).
* Use the indicator value of the current bar for all asterisk-marked indicators!