Termos de Referência
This is a very simple Price Action EA.
For Buy
* The candle before the considered candle must be a sell candle. The candle under consideration should take the lower wick of the previous candle and close as a Buy candle. A Buy Order should be placed at the closing price
TP = 10 pips
SL < 20 pips (The SL should be the closing value of the lowest wick of the candle under consideration, the maximum distance between the Entry Price and the SL should be less than 20 pips.)
For Sell
* The candle before the considered candle must be a Buy candle. The candle under consideration should take the upper wick of the previous candle and close as a sell candle. A sell order should be placed at the closing price
TP = 10 pips
SL < 20 pips (The SL should be the closing value of the upper wick of the candle under consideration, the maximum distance between the Entry Price and the SL should be less than 20 pips.)
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