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I need an EA to do the scalping trade for 5 min. The strategy is as follows: -
Trigger :- Go long above the 5 min pivot high or short below the 5 min pivot low.
TP :- 10 Pips
SL :- For Longs Sl should be the low of the candle which pierces the pivot high.
For Shorts SL should be the high of the candle which pierces the pivot low.
It would be great if the TP can be a variable which can be input. IF the EA could work in any other time frames, it would be great.
Programmers please make an EA for this strategy.
Sell
Buy