Hello fxdiva,
Setting the entry logic in FSB is easy:
1. Your entry point is:
- long: 10 pips above EMA20;
- Short: 10 pips below EAMA20.
[Opening Point of the Position]
Steady Bands
Enter long at the Upper Band
Smoothing method - Exponential
Base price - Close
MA period - 20
Margin in pips - 10
Use previous bar value - Yes
2. Entry logic conditions:
[Opening Logic Condition]
MACD
The MACD line crosses the zero line upward
Smoothing method - Exponential
Base price - Close
Signal line method - Simple
Slow MA period - 26
Fast MA period - 12
Signal line period. - 9
Use previous bar value - Yes
[Opening Logic Condition]
Moving Average
The position opens above the MA value
Smoothing method - Exponential
Base price - Close
Period - 20
Shift - 0
Use previous bar value - Yes
or
[Opening Logic Condition]
MACD
The MACD line is higher than zero
Smoothing method - Exponential
Base price - Close
Signal line method - Simple
Slow MA period - 26
Fast MA period - 12
Signal line period. - 9
Use previous bar value - Yes
[Opening Logic Condition]
Moving Average
The bar opens above the MA value
Smoothing method - Exponential
Base price - Close
Period - 20
Shift - 0
Use previous bar value - Yes
3. Exit Logic:
Set Permanent Stop Loss to -30 pips. (this is equal to "Place a stop 20 pips below the 20EMA" since you open 10 pips above 20EMA).
The other exit rules are too complex to be set in FSB.
Point 5 cannot be simulated.
For point 6 you can use a "Trailing Stop" of -25pips.
You can use the Generator in order to generate proper exit rules. (Set the entry logic. Open the Generator. Lock the entry slots and start the Generator. It will change the exit logic only.)