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I want an EA which is opening after definated candles in a row and trend on high or low an pending order.
EA should have a Hedge mode - so order will be only open in Hedge direction.
Or on normal mode, EA is placing if there is xcandles in a row a buy and sell Pending order on high and low +xpips better or worse on basis of candle before.
Example of candel before in row - 3 buy candles - so EA is using the last candel (third high and low)
High was 1.2020
Low was 1.1980
We have plux Xpips exmaple 5 pips
EA is placing a pending buy at 1.2025
and a pending sell at 1.1975 if we have normal mode with fix lots.
If we have Hedge mode, EA is placing the right amount as Pending order on definated limits in Hedge direction
Order is good for x hours
Hedge Mode:
Note EA does placing a Pending order in Hedge direction.
Parameter: same candles in a row - example 2 Candles - EA placing after the definated candles a pending order in direction with fewer Lots a order on high or low of candle before. Depends on where is fewer lot amount.
Placing on high xpips better, or on low xpips worser - on low always a sell and on high always a buy.
Example:
We have 6 lots long and 4 Lots short - the order volume is 2 lots
If now 2 candles long in a row came - but we have to open 2 lots short - nothing happens
If now 2 candles in a row came short - EA is placing a pending on low +xpips as pending.
This will be updating every x hours
Lot definition:
Fix lot - EA is always using the fix lots only for normal modeOr Hedge amount - EA checks all open trades and does placing the right size for hedge - updating every x hours
Updating ever x hours
EA does only place the pending order in direction of fewer lots - so if the order is in Market, the orders in Terminal are hedged.
Closing of the Order:
We have partial close of the order.
- Closing 20 Percent of the order at xpips TP
-
Closing 20 Percent of the order at xpips TP
- Closing 20 Percent of the order at xpips TP
- Closing 20 Percent of the order at xpips TP
SL
Is other side High or Low of candle
Note if EA is istalled on chart an criterias are alredy there EA does place the pending or place direct the order Market.