Need help to develop 4hour candle scalp EA.
interesting option. do you have any data or thoughts on the "wicks" ?
you can probably find an ea or someone can code one. but their is a range on this thats pretty wide on some of the candles.
ajk:
interesting option. do you have any data or thoughts on the "wicks" ? you can probably find an ea or someone can code one. but their is a range on this thats pretty wide on some of the candles.
interesting option. do you have any data or thoughts on the "wicks" ? you can probably find an ea or someone can code one. but their is a range on this thats pretty wide on some of the candles.
Theres 30 x 4hour candles each week, from my study, even if 5-10 candles are won its more than a great deal of profit! But it shows an even better win ratio 
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Example GBPCHF
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Hi, I would like to create an EA that can scalp 4hour candlesticks. It should work this way.
Buy = price is greater than 15pips from open
Buy stoploss = candle open price + spread
Sell = price is lower than 15pip from open
Sell stoploss = candle open price + spread
Trailing 15-20-30-50pips, No targets.
New trade opens again at next 4hour candle
Can anyone create this EA, i think it should be quite profitable one