"Seeking guidance on setting up a take profit using the Kalman Filter indicator in my EA."
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Hello fellow traders,
I'm in the process of building my first EA and I could use some guidance. I've set up my entry signals using the Heikin-Ashi indicator, and I've fixed my stop loss at 10 pips. Now, I'm trying to use the Kalman Filter indicator as my take profit level.
Here's where I'm stuck: when I use the Kalman Filter indicator as the take profit in my buy and sell conditions, my EA doesn't take any trades. Can someone please provide a step-by-step guide on how to set up the Kalman Filter indicator as a take profit level? The concept is that if I'm in a buy trade, and a bearish candle closes below the Kalman Filter line, the trade should close.
Your help would be greatly appreciated,