BUY-SELL-AVERAGE-DOWN

BUY-SELL-AVERAGE-DOWN

1 . First positions.

At specified time a buy and sell are opened.

Inputs:

Trade time

Positon size fixed / balance (0.01 per $100)

Take profit, Stoploss, Breakeven, Trailing Stop etc.

Trading days (Monday to Friday)

MA filter

2. Second position.

At later specified time, if one or both of the first positions are still open, a pending stop order is set (x) pips ahead of current price. Both the first and second position will have a takeprofit at breakeven plus (y) pips.

For example, the first sell position hits TP. If the first buy position is still open at 1.51000, and price is 100 pips below at 1.50000, and there is a (x) pips setting of 10 pips, then EA will set a buy stop order at 1.50100 (10 pips above current price, but only if this price is below the first buy).

And if the (y) pips setting is 5 pips then the takeprofit for both buy positions will be 1.50600 (breakeven of 1.50550 plus 5 pips).

Inputs:

Trade time

Position size (1 = same as first position, 2 = x2, 3 = x3, etc).

StopLoss

Process is repeated 24 hours later even if older positions still open.