Specifiche
TIME FRAME: 15 MIN
LOT SIZE: 0.01
CANDLE START TIME: 2:00
CANDLE END TIME: 2:14
ENTRY BUFFER: 1
SL BUFFER: 1
TARGET $: 10
MARTINGALE % : 200
(All the above data should be adjustable)
Details:
1. We have to mention candle start time and end time (ie: 4.00 to 4.59). If the candle breaks the high of the given time it should go for buy. If it breaks the low of the given time it should go for sell.
2. Entry buffer to be in pips which is added to the high of the candle or minus to the low of the candle. If entry buffer is 1 and candle high is 2000, then buy should be placed at 2001. If candle low is 1990, then sell should be placed in 1989.
3. If buy call Is executed then the low of the given time is stoploss. SL buffer to be in pips which is added to the high of the candle or minus to the low of the candle. For buy call, if the low is 1990 and SL buffer is 1 then stoploss point is 1989. For sell call, if the high is 2000 and SL buffer is 1 then stoploss is 2001.
4. If target done, trade is closed. If it hit stoploss then same place it should take opposite call with martingale. Here the target should be calculated considering the previous loss. If Target $ is 10 and stoploss was 50$ then target for second call should be 60$. If second call is also stoploss of 100$ then it should go for third call were the target will be 50 + 100 + 10$ target which is 160$.