PLEASE is there anyway you can draw vertical line on chart every 4 hours and write for each 4 hours its this timezone
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NO WORRIES DONE IT
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Yo necesito dibujar un cuadrado cada hora y no logro resolverlo, ayuda por favor
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Sospecho que el cuadrado debe ser visible por motivos estéticos, ¿verdad? Es mejor usar variables y evitarlo. El bot será más rápido y eficiente.
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Hello friend, I will try to explain it, the strategy is the following:
The table is to be able to identify the timing of M1 when an H1 candle ends and when the next one begins, since according to the strategy, once a crossing of moving averages is made in M1, one must wait for this current candle to close in H1 to continue with the next step...Strategy: Simple EMA and SMA Crossover
Buy Strategy
Identify Initial Signal:
On a 1-minute candlestick chart, wait for a 123-period EMA to cross above a 233-period SMA.
This crossover should occur during a 1-hour session.
Confirm 1-Hour Session:
Wait for the 1-hour session where the crossover occurred to end.
Confirm that the 1-hour session has ended and that the current 1-hour session has opened.
Confirm Entry Signal:
Verify that the close of the 1-minute candle is higher than the high of the previous 1-hour session.
Execute Buy Order:
If all the above conditions are met, place a buy order.
Set Stop Loss:
The stop loss for the buy order should be set at the price of the EMA at the time of the entry signal.
Take Profit:
Keep the trade open until the close of a 1-minute candle is below the price of the EMA.
At that point, close the trade to secure the profit.
Example of Buy Strategy:
Identify Initial Signal:
On the 1-minute chart, the 123-period EMA crosses above the 233-period SMA during a 1-hour session.
Confirm 1-Hour Session:
Wait for the 1-hour session to end and the new 1-hour session to open.
Confirm Entry Signal:
The close of the 1-minute candle is higher than the high of the previous 1-hour session.
Execute Buy Order:
Place a buy order.
Set Stop Loss:
Set the stop loss at the price of the 123-period EMA.
Take Profit:
Close the trade when the close of a 1-minute candle is below the price of the 123-period EMA.
Sell Strategy
Identify Initial Signal:
On a 1-minute candlestick chart, wait for a 123-period EMA to cross below a 233-period SMA.
This crossover should occur during a 1-hour session.
Confirm 1-Hour Session:
Wait for the 1-hour session where the crossover occurred to end.
Confirm that the 1-hour session has ended and that the current 1-hour session has opened.
Confirm Entry Signal:
Verify that the close of the 1-minute candle is lower than the low of the previous 1-hour session.
Execute Sell Order:
If all the above conditions are met, place a sell order.
Set Stop Loss:
The stop loss for the sell order should be set at the price of the EMA at the time of the entry signal.
Take Profit:
Keep the trade open until the close of a 1-minute candle is above the price of the EMA.
At that point, close the trade to secure the profit.
Example of Sell Strategy:
Identify Initial Signal:
On the 1-minute chart, the 123-period EMA crosses below the 233-period SMA during a 1-hour session.
Confirm 1-Hour Session:
Wait for the 1-hour session to end and the new 1-hour session to open.
Confirm Entry Signal:
The close of the 1-minute candle is lower than the low of the previous 1-hour session.
Execute Sell Order:
Place a sell order.
Set Stop Loss:
Set the stop loss at the price of the 123-period EMA.
Take Profit:
Close the trade when the close of a 1-minute candle is above the price of the 123-period EMA. -
Technically, the whole strategy can be done with variables only. So are you sure you still need the rectangles?
