it's hard/impossible to define the whipsaw for an EA
Hi shwetha
What you are asking for, is kind of difficult. I'm talking about the (2) condition. The first condition is simple but the problem is defining a whipsaw.
How do you set your conditions for the whipsaw? (Open & Close of the bar < EMA50 and High>EMA50? Highest of the last X bars < EMA50+20pips & last Close<EMA50?...) These are simple examples but You have to give precise instructions.
I hope you understand my point. If you have any ideea on how to define the whipsaw please post it here.
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