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Hello i am curious to develop the simplest EA in the world with simple MM rules. As the description said.
Buy rule---
if the first candle of the day is green it will go for buy when the first candle finish.
One trade a day
Sell rule--
if the first candle of the day is red it will go for sell when the first candle finish.
One trade a day
Stop loss--
EA should have function of SL in number of pips
EA should have function of close the trade by opposite candle
Take profit--
EA should have function of TP in number of pips
EA should have function of close the trade by opposite candle
Other functions --
Enable breakeven
Slippage functions
Money management functions (fixed lot size, based on fixed money, based on free margin%, based on account balance % )
Trailing stop function
Max spread filter
Here in this renko chart first candle is green so the EA will open a buy candle and follow the trading rules
Here in this renko chart first candle is rerd so the EA will open a sell candle and follow the trading rules
Special note-
I will use this EA on renko chart generated by OVO renko chart generator
other functions are bonus but not mandatory
I will appreciate any suggestions and ideas...should not take long time to make and backtest this EA...happy coding and trading guys.
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