Topic: Can FSB build Only Price Based Trading/ No Indicators Systems
Can FSB build/create price based only trading systems, no indicators at all. Or will there need to be coding. For example.
If someone wanted to start trading at 2:00am in the morning on a certain currency. Than when price breaks the previous closed bar by 1 pip for an entry, and the stop loss is 1 pip on the other side of that same previous closed bar that was used for our entry.
The exits beside the stop loss, would be a trailing stop 1 maybe 2 times our distance from entry to our stop loss. Another exit opened at the same time would be a take profit which is 3 times our stop loss distance which is from entry price to our stop loss price. Also another exit opened at the same time is a $100.00 dollar amount if reached.
If our stop loss is hit another trade would be immediately opened but in the opposite direction. And all the same exits would be used as was used in the first trade we opened.
Can this all be built by your ea builder. Thanks Much
This would be for a buy or sell.