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Squared off position when candlestick reversed direction.

MQL4 Esperti

Specifiche

As you are aware of, for the Fractal EA, when the triangle arrow appear, which indicate a fractal signal is established, the EA will trigger a Buy order or Sell order.

For example, when a Buy order is placed by the EA, and the next bar is lowered then the Buy order, the Buy order position remains.

This result in a loss position until the Stop Loss value is reached.

Is it possible to program the EA such that it will continuously compares the next bar and 4 subsequent bars such that if the next bar is lower than current Buy order value, it will square off the Buy order position and will open another Sell order for the subsequent bar?




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