BUY STOP AND SELL STOP IN CANDLE WISE

MQL4 Esperti Altro

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Specifiche


buy stop & sell stop together and follow in candle wise

Explanation

______________________________________________________________________

save previous candle condition : bearish or bullish

[bearish =

current market price - 2 pips = sell stop

current market price +5 pips = buy stop

bullish =

current market price +2 pips = buy stop

current market price -5 pips = sell stop ]

______________________________________________________________________

When EA starts means, according to previous candle condition buy stop and sell stop together will place in current market price

suppose previous condition is bearish means, place sell stop in 2 pips from market price and place buy stop in 5 pips distance from market price,

market comes down and trigger sell then place next sell stop as per our distance and that sell stop also trigger means next sell stop will place as like our ea,

SL and Tp and trailing stop want it

now new candle open means close all stop orders(buy and sell stop) and open new buy & sell stop as per previous condition(bearish or bullish ) in new candle,



Parameter:

lot size______

distance _______(suppose sell stop triggered means next sell stop distance or suppose buy stop triggered means next buy stop distance )

stop loss _______

Take profit_______

trailing stop_______

magic number _______

slippage __________

bearish buy stop distance =______pips

bearish sell stop distance = ______pips

bullish buy stop distance =_______pips

bullish sell stop distance =_______pips


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