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Pms EA
The EA will work based on the selected signal candle
Signal Candle is the candle that has certain pips between the high and low, for example if a closed candle have 1 to 20 pips from the high to low of the closed candle that can be used as a signal candle.
The user should select how many pips between the signal candle.
The EA should select the signal candle according to the chosen pips by the user.
The EA should place buy at the high and sell at the low of the signal,
Every buy order may close at the low of the signal candle or at the TP of sell orders.
Every sell order may close at the high of the signal candle or at the TP of buy orders.
TP
The starting TP should be equal to signal candle’s pips. For example if the signal’s pip is 20 pips then the starting tp should be 20 pips.
The EA may chose TP for each open order or it may chose to close all open at the TP of the last open order. Option for the user.
The EA may increase the TP by the 100% of the starting TP or by adding some pips chosen by the user.
The EA should increase lot size to open new order if the last open close at lost, or the open buy order return to the low of the signal candle or the sell order is equal to the high of the signal candle. (Increase lot by adding or multiply)
Options:
Starting Lot
Lot increase type (Add or Multiply)
Add lot value
Multiply lot value.
Daily TP target ( the numbers of the TP the hit daily and the EA should stop trading for the day.
Start Time
End Time.
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