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Open Rules BUY/SELL order
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Buy when: Price touches Keltner (moving average 30, ATR period 50, ATR current 2.0)
then wait for Parabolic SAR change from bottom to top then place the order
* If there is a current open order, then ignore any signals that may come up
The Sell function is set opposite Buy.
* EA must detect market movement.
If open order in positive direction then apply option2 (continuing place pending order on profit way)
If open order in negative direction than apply option 1 (hedging order)
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Option1: hedging Order
For example
BUY direction:
When first BUY order filled then place (n) BUY LIMIT pending order BELOW current open order
Note: each pending order (n) pips apart each other.
SELL direction:
When first SELL order filled then place (n) SELL pending order above current open order
Note: each pending order (n) pips apart.
Take profit:
Option 1: % account balance
Option2: in pips ()
Note: Once reached profit closed all orders
Stop Lost :
Option 1: in pips()
Option 2: % account balance
Option 2: Trailing Stop lost
Note: Once reached profit closed all orders
Option 2: Pyramiding (Continuing order on profit way)
For example,
BUY direction:
When first BUY order filled then place (n) BUY LIMIT pending order ABOVE current open order
Note: each pending order (n) pips apart each other.
SELL direction:
When first SELL order filled then place (n) SELL limit pending order BELOW current open order
Note: each pending order (n) pips apart.
Take profit:
Option 1: % account balance
Option2: in pips ()
Note: Once reached profit closed all orders
Stop Lost
Option 1: in pips()
Option 2: % account balance
Option 3: Trailing SL
Note: Once reached profit closed all orders
· Both strategies if manual close any order, then all other order will be close
· Buy on/ Sell on button on screen.
· All other setting you may have please add on
· On/Off Option 1 (hedging order) and Option 2 (continuing order on profit way)
enable in the setting input box.
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