EA based On HK resistance and Support

MQL4 Esperti

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Tempo di esecuzione 8 giorni
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Specifiche

This EA work on H1 and can be used in multipairs , works in support and ressistance and based on rounding numbers to hundreds

All pairs are count in 5 digits number

Ex : Eur JPY = 123.15 (5 digit )

Aud chf = 0.6544( 5 digit)

String that can be changed

Candle Stop Loss : 2 ( the lowest low and the highest high 2 candle before open )

Pips not exceed : 25 pips

Minimum Lot : 0.01

EA should make a HK and Time Frame

 

Buy

Condition :

a.       if lower shadow >= upper shadow

Open and close >= Hk

low <= HK

b.      if bullish candle is appear , trade should open into next candle

if bearish is appear , the next candle must be bullish candle , and open into next candle 

Open trade should not exceed 25 pips (adjustable ) far from HK

Stop Loss

a.       stop loss the lowest 2 candle ( candle i -1 & candle i -2)before open trade

SL = the lowest candle -1 pips

b.      stop loss is trailing stop move into next candle

 

Take profit:  next HK

Ex : if I trade buy eur jpy 121.15 ...Take Profit is 122

Sell

Condition :

a.       if lower shadow <= upper shadow

Open and close <= Hk

High >= HK

b.      if bullish candle appear , wait for bearish candle close to sell

if bearish candle is appear , open on next candle

open trade is not exceed 25 pips far from hk

Stop Loss

 

a.       stop loss the highest 2 candle ( candle i -1 & candle i -2)before open trade

SL = the highest 2 candle before open  +1 pips

b.      stop loss is trailing stop move into next candle

if the condition is met...reentry

Money management

min lot can be change

if balance is 1000 will trade 0.01 lot

if balance greater than 2000/ 1000*0.01 = 0.02

if balance is 1500 ,lot = 1500/1000 x 0.01= 0,015 (round down ) = 0.01


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