Job finished
Specification
EA is basically scalping the US30, NAS100 and XAU/USD market on MT4.
To know the direction to begin trading we will follow the CCI 3.
If The level is above 50, a BUY trade will start off the trading with a 5 pip SL.
If The level is below -50 a SELL trade will start off the trading with a 5 pip SL
EX:
Buy trade executed, Once trade is opened, a 5 Pip stop loss will be placed. Once 3 PIPS in profit, a 3 pip TRAILING STOP will be placed.
If profits double to 6 PIPs in profit, another trade will be added in the same direction with a 3 pip trailing stop.
For every 3 pips in profit after the (1st)initial trade, there will be many trades placed in the same direction for every 3 pip with trailing stops.
When the Stop loss is hit or the trade is stopped out and closed, A new SELL trade will be opened in the OPPOSITE direction with a 5 pip SL. Once 3 pips in profit, a 3 pip TRAILING stop will be places.
For every 3 pips in profit after the (1st)initial trade, there will be another trades placed in the same direction with every 3 pip with trailing stops.
When that SL is hit and closed out, a new trade will be placed in the Opposite BUY direction continuing the trades.
Never will the trade be in a drawdown more then a 5 pip loss.
There will also be options to adjust the SL and TS distance.