EA Trading on ATR and break close

MQL4 Experts

Termos de Referência

Hi,

Please help me with the following project>

Thanks,

HHC>


After an UP bar is closed, check if it meets the following condition:

Close[1] – Open[1] > 3*Atr[2]

&& Close[1] break 20 previous close (use the enclosed indicator)

--> Buy at close of bar[1]  (TRADE1)

 

After that, if Close[1] – Open[1] > 2*Atr[2]

&& Close[1] break 20 previous close

&& Close[1]> Close of the last trade (to make sure that we buy on up trend)

--> Adding buy at close of bar[1] (TRADE2,3,4…)

SL: 4 ATR from Close of the most recent trade.

TP: 10 ATR from close of the first trade


Indicator enclosed show the arrow for break close.


Similar rule applied for Sell.


TRADE SIZE: 

Auto lot calculation based on capital in account and percentage of risk defined by me

if auto lot calculation is off, EA will take from my manually keyed in lot size


Arquivos anexados:

PNG
EA1.png
43.1 Kb

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