Spécifications
General Conditions::
**Follow 15 Minutes Time frame
**Follow 15 Minute Candle when open trade
**No TP in every Trade
**Default Trade volume/lot Size: 0.01(can be changeable manually)
**All time it will have 50 Trades as pending
**When Spread more than 3 Pips, No trade will open.
How Work?
1. When the EA will start it will check previous candle of 15 Minutes TF,
If the previous candle is a Bull Candle it will open a Buy Trade with 0.01 Volume.
If the previous candle is a Bear Candle it will open a Sell Trade with 0.01 Volume
2. It will set a SL of 20 Pips of *First Trade*, If it Hit SL a Reverse Trade/ (*New Trade*) will Open and again will Set a SL of 20 Pips.
3. When *First Trade*/*New Trade* will open it will open 50 trades consecutively (50 Trade as pending) after each 6 Pips movement. But when Hit SL, all pending trade shall close with SL
Lets Assume that A Buy/Sell trade will go 200/300 pips.
We know that after each 6 Pips Movement it will open a New Trade.
Then the following conditions will be implied:
1A: We know *First Trade*/*New Trade* will Set a 20 Pips SL
2A: After 6 Pips the 2nd Trade will open & all open trade will set a SL of 15 pips calculating from First Trade.
3A: After 6 Pips the 3rd Trade will open & all open trade will set a SL of 9 Pips from First Trade or will set SL of (+2 Pips profit from Breakeven/Average of 3 Trades)
4A: After 6 Pips the 4TH Trade will open & all open trade will set a SL of "+2Pips from Break Even/Average of Trades"
5A: Again after 6 Pips the 5TH Trade will open & all open trade will set a SL of "+2Pips from Break Even/Average of Trades"
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49A: After 6 Pips this is how SL will set same as above
50A: After 6 Pips this is how SL will set same as above
All the time it will have a reserve of 50 Pending order (which will open after 6 consecutive pips). When Hit SL All due pending orders (which are not open yet) will close with open trades.
INPUT’s
SEFETY LIMIT 0
LOT SIZE 0.01
PIPS STEP 6
MAX SPREAD 3
SL 20Pips
AVERAGE SL 2
PROFIT LIMIT 0
MAX TRADE 500
LONG/SHORT TRUE/FALSE
PENDING ORDER TRUE/FALSE (Shall have 50 pending Orders)