Multiple Buying EA
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If anyone Could Help out!
1.Buy at say every 20 pip interval when going up or down.
2.Only one open trade at one level.
3.Target Set at Say 30 Pips
4.No Stop Loss
5.No Trailing Stop
6.No Limits on no of trades.
Option to change parameters.
Explanation:
Say we are trading GJ. Current Value 140.00 Place Buy order at 140.00 & Target at 140.30.
GJ Goes to 139.80 Place Buy order at 139.80 & Target at 140.10
GJ Goes to 139.60 Place Buy order at 139.60 & Target 139.90 and so on.
As trades go on we have continuous positions.at 20 pip intervals. Trades would also reach targets during retracements while falling so as to keep balance on account. While rising it would anyways get into profits.
PL help design such an EA
Thanks & Regards
Umashankar