Simple EA Based on Candle High and Low Breakout of Previous Bar

MQL5 Uzman Danışmanlar

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Hi developers,

i need an ea with these features:

Timeframe(1 minute)

Symbol (EURUSD)

- Parameters: default

 - Volume: 0.01

 - Max spread allowed: 0.1

Indicators:

- High

- Low

- High[1]

- Low[1]

Conditions for placing a buy stop order at high[1] :

- High<high[1] at previous candle

- A short position is opened or none position is opened

-Check if the spread is less or equal to the max allowed spread

Conditions for placing a sell stop order at low[1] :

- Low>Low[1] at previous candle

- A long position is opened or none position is opened

-Check if the spread is less or equal to the max allowed spread

Additional Trade Rules

1.      Max Spread Filter: a buy or sell stop order can be placed only if spread is under a preset quantity in initial parameters.

2.      Cancel non-current stop orders

3.      Max number of trade must be always one.

4.      Protection for slippage.

5.      Trade direction must be always one at time and consecutive first buy and then sell, and viceversa.

Dosyalar:

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