All orders
Rules
Specification
Candle wick bot
The bot will have a set amount of wick length to enter trade at candle open price,
there will be a set Amount in points that the candle wick has to be to then enter that opposite of the wick direction
Settings will look like this :
Timeframe: (meaning which candles you’re using to measure open price from for the wick length )
If set to 5 min it’ll be using 5 min candles , if set to 15 it’ll use 15 minute candles
Wick length : (so if this is set to 25 and the wick has to move 25 points to the up side then back down (creating a bearish engulfing candle like in picture or vice versa ) to enter a pending order at the candle opened price of the current candle so if using 5 minute candles and price wick 25 points up then right when it hits 25 points it’ll enter pending sell stop or buy stop order at the candle opened price of that candle ) * note that if it hits SL it’ll re enter the same entry with pending order *
- note bot will use nearest level it already set for the day only, but must be nearest to the current price for re entries after losses or wins
Trade settings :
Timeframe: (meaning which candles you’re using to measure open price from for the wick length )
If set to 5 min it’ll be using 5 min candles , if set to 15 it’ll use 15 minute candles
Wick length for entry (in points) : 25
• Lot size = 0.1
• TP Points = 500
• SL (true or false ) Points = 50 ( if false will enter unlimited until margin allows it without SL
• Use Trailing = true/false
• start trailing at points = 500
- trailing step (points ) = 50
- Use break even= true/false
- Break even at points : 200
- Extra points for break even = 20 (this is to secure profits for break even settings so if set to break even at 200 points and with extra points at 20 it’ll set break even at 20 points in profit when 200 points in profit
Extra points for entry : if set to 50 it’ll set entry 50 points extra from the original entry price it is supposed to enter from
Max loss for the day ( if set to 1 it’ll stop trading after 1 loss for the day )
Max win for the day (if set to 1 it’ll stop trading after 1 win for the day )
Ema ( if set to 4h 200ema and price is above the 200 ema on 4h then the bot will only take valid buy entries and vice versa for sells )
Increase lot size after these amount of consecutive losses : (if this is set to 9 it’ll wait for every 9 consecutive losses to increase lot size if set to 2 it’ll increase lot size by set amount every 2 losing trades )
Increase lot size % after loss : so if set to 20 it’ll increase lot size by 20% after the set amount of losses
Increase lot size after these amount of consecutive wins: (if set to 2 it will increase lot size after 2 consecutive wins by set %
Increase lot size % after win: so if set to 20 it'll increase lot size by 20% after the set amount of wins,
And two time filters (true or false for both )
Start trading 16:30
Stop trading 18:00
Start trading 21:00
Stop trading : 23:00
Close all pending and opened orders at stop trading time : true or false (* if set to false it’ll keep OPENED trades ONLY and delete the pending orders at end trading time , if set to true it’ll close all pending and opened orders at stop trading time.
And that’s it my friend please let me know if this is enough detail for this super simple function bot my friend and again have I have other projects for developer that takes this.