The concept (let say the range 30 pips) - buy 1.1200 - hit sl 1.1170 - sell 1.1170 - hit sl 1.1200 - buy 1.1200 - hit sl 1.1170 - sell 1.1170 - tp 1.1140
It used martingale counter (opposite direction). The problem when it in sideway condition. EA will identify the sideway when reach maximum counter (let say 6 times). After the maximum counter, it will not open new counter.
EA will identify the S&R at the zone when reach the maximum counter. S&R must place at low & high of the zone. S&R will change if have new rejection in the zone.
When close breakout certain pips (such as 10 pip), EA can start new cycle or continue the counter.
When continue the counter, there will have an input to choose the direction of entry (same direction or opposite). Let say opposite direction: close breakout resistant (buy), then EA will continue counter as sell.
*Please read my EA first. I can give link to page of conversation the previous coder and me when making this EA.
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