London Close EA

To Create an EA based on trading rules and indicators  below.

- Charts Candle M15

- Pairs: AUDCHF AUDJPY AUDUSD EURAUD EURCHF EURGBP EURJPY EURUSD
GBPAUD GBPCHF GBPJPY GBPUSD NZDJPY NZDUSD USDCHF USDJPY

- Fibonacci end 16:00 GMT 0 lowest 100 highest - Fibonacci time begin 22:00 GMT - end 16:00 GMT = 72 x M15 Candle

Rule 1: MarketOrders buy if the pricing is between 0 and 23.6 Fibo and the distance to 23.6 is minimum 10 Pips or more

Rule 2: Marketorders sell if the pricing is between 100 and 76.4 Fibo and the distance to 76.4 is minimum 10 Pips or more

Rule 3: Limitorders buy and sell on the 0 line buy or 100 line sell - but the Order must have a minimum 10 Pips from the actuell price line
if not make the order with 10 Pips distance to the actual pricing

Rule 4: TakeProfit is ever 23.6 line (buy) or 76.4 Line (sell)

Rule 5: StopLoss is for the MarketOrders ever 123.6 (sell) or ./. 23.6 (buy) 
or set to 131.8 or - 31.8 if the order is naer by 0 / 100 or set the SL your wish 50 or 100 Pips


Rule 6: StopLoss for the LimitOrders 1 in general 50 or 100 Pips (for EA is the Rule SL = Line - 31.8 (buy) + 131.8 (sell) Orders)
is the pricing between 0 / 100 and - / + 23.6 put the SL to the 38.2 line

Rule 7: (only for EA) 2. Limitorder on the + 123.6 line (sell) and - 23.6 Line (buy) 
TP for this 2. LimitOrders 23.6 buylimit and 76.4 selllimit SL 150 line (sell) and - 50 line (buy) or 100 Pips

- for the 2. Limitorders must have a extra Lot function in the EA (example: Marketorder 0.10 / 1. Limit 0.15 / 2. Limit 0.20)

Rule 8: non active LimitOrders will all close 1:15 hour after start (for EA is to change the time in minutes)

- you can trade every day the London close System

- close the active Orders if in win with TP or your choice

For details see link below.

https://www.forexfactory.com/showthread.php?t=598223