Topic: Newbie help needed
Hi Every one
i have no experience of programing what so ever. and i am trying to develop a strategy according to DIBS method.
strategy is simple
1) An inside bar occurs.
2) if the inside bar is above 21 MA, then a buy pending order will be created 5 pips above the inside bar
OR
3) If the inside bar is below 21 MA, then a sell pending order will be created 5 pips below the inside bar
take profit and stop will be according to currency
EURUSD = SL=50 TP = 100
USDCHF = SL=50 TP = 100
AUDUSD = SL=50 TP = 100
GBPUSD = SL=60 TP = 120
USDJPY = SL=50 TP = 100
USDCAD = SL=60 TP = 120
EURJPY = SL=90 TP = 180
GBPJPY = SL=50 TP = 100
The strategy is only applicable to Daily Chart.
i have gone through tutorial and all, and i dont know how to detect an Inside bar in Strategy builder.
Kind help needed.