I am looking for an EA which is based on previous candle high and low for mt4,
Buy and sell condition are:
Example below:
previous candle high break - Buy - SL will be previous candle low OR SL we can manually set by pip or in currency and Target will be in pips or currency to set.
previous candle low break - sell - SL will be previous candle high OR SL we can manually set by pip or in currency Target will be in pips or currency to set.
Consider Previous candle pip….input, like 10 pip or any
Buy sell conditions in different combinations or parameters to set:
previous candle high break buy and low break sell
previous candle high break sell and low break buy
previous candle high break buy and low break buy
previous candle high break sell and low break sell
EA will place pending Buy and Sell orders immediately after close previous candle.
Pending orders will keep some buffers in pip to buy or sell – we can set buffer pips in input 10 pip or any
EA will work with 5 decimals also
Lot size selection option with multiply after first trade and second trade multiply OR no multiply.
3 options to select for new orders
1. Orders will be placed for all the candles
2. Present order close then only take new order (only one open position in the market)
3. Orders taken only for the previous candle and if any pending orders before the previous candle will be deleted after new candle came.
Profit and loss taking method:
Option to select
profit side
Profit averaging both buy and sell entry’s
Profit averaging of buy entry’s only
Profit averaging sell entry’s only
Profit closes individually
Profit previous candle total pip size or high break or low break
Lose side
Loss averaging of both buy and sell entry’s
Loss averaging sell entry’s only
Loss averaging buy entry’s only
Loss closes individually
Profit previous candle total pip size or high break or low break
with currency or pips for loss and profit calculation
Trade on particular time in the day (from and to time)
Magic number
Maximum trades for buy and sell
Similar orders
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All orders
Rules