Hi guys,
Entry Rules
Calculate the Last candle of previous day and next two candles of next day . All one hour candle. Calculate the range with high and low of these 3 candles. Execute buy order if it breaks the high and Sell order if it breaks the low. Important only execute the trade after the candle closes the price outside the range of this 3 candles.
SL - there is no stop loss , but to close the trade if the price reverse and breaks the other side high or Low.
when the price is moving in our favour and moved the same pips from the low of the range to entry point move the SL at entry point. That is in BE. For eg - Entry is at 1.1300 and range is 25 pips. Opened a buy trade. when the price reached at 1.3250 the SL will be at 1.1300.
TP As per the input parameters of Stoploss step in the input pips, Stoploss will keep moving until it reached the TP in the input parameter.
No lines or another visible marks should be in the EA on line and in the strategy testing. Arrow is required when the trade activates.
Dashboard with the necessary information like Net P & L, Floating, total trades etc. Only one or max two trades in a day. Works in 1 hour time frame.
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