entry condition
if previous candle (1 hour default) if bullish then buy at opening price .
similary if previous candle (1 hour default) if bearish then sell at opening price .
Take profit / Stop Loss
Fixed stop loss and takeprofit (input)
Trade only in between
Start time = 11:00 (default in input) as per Indian standard time
End time = 23:00
Position Sizing
Qty = 0.01 lot (default / input)
Increase qty two consecutive loss . no increase in qty after profit.
| First loss | .01 |
| Second loss | .01 |
| Third loss | .02 |
| Fourth loss | .04 |
| Fifth loss | .08 |
Stop this process / series as instructed in input section of expert advisor
Losing streak = 5 (Default/input)
Note :
1 . No new trade , if previous trade is yet to be closed.
2. stop trading for a day if losing streak hit at max (max =( Losing streak = 5 (Default/input)))
3. no new trade after “End time = 23:00” but wait for old trade to hit TP/Sl.
4. code the strategy in manner where we can edit entry and exit condition and positon sizing will remain same
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