KINGSLEY

DEAR SIR,

pls i want to code a simple program it could be an ea or script here is how it should work, it should only close a trade and should never open a trade

on the 1 minute chart for a sell 

lets say i opened a sell trade on eurusd  at 8:00:00 and on the one minute candle chart the close of that particular candle is 1.49580 and the open is 1.49589 so let my trade be closed anytime a new candle closes above the open price which in this instance is 1.49589 take note that not when price hovers to the open  price during normal price action but ONLY when the candle actually closes above the open

for a buy trade, lets say i opened a buy trade on eurusd at 8.00.00 and on the one minute candle chart the close of that particular candle is 1.45322 and the open price is 1.45240 so let my trade be closed anytime a new candle closes below the open price which in this case is 1.45240 take note that not when price hovers to the open price during normal price action but when the candle actually closes below the open.

pls let me know if you indeed understand this project

 

For a buy trade to actually be closed then the current candle must CLOSE below the open price of the particular candlestick in which the trade was opened.

For example if at 8:01 a buy trade was opened and the open price of the candle in which the trade was opened at 8:01 was 1.07524, the close price of the same candle could be 1.07588 and then price reversed any time later may be in 3 mins or 15 mins or even less just anytime after the trade has opened a candle now closes below the open price of 1.07524, also note that not just when price hovers below that price like normal price fluctuations, it must be that a candle closed below that price, it must be a candle closure, then the buy trade is closed.

Yes but take note that for the sell trade to actually be closed then the current candle must CLOSE above the open price of the particular candlestick in which the trade was opened.

for a sell trade For example if at 8:01 a sell trade was opened and the open price of the candle in which the trade was opened at 8:01 was 1.07588, the close price of the same candle could be 1.07524 and then price reversed any time later may be in 3 mins or 15 mins or even less just anytime after the trade has opened a candle now closes above the open price of 1.07588, also note that not just when price hovers above that price like normal price fluctuations, it must be that a candle closed above that price, it must be a candle closure, then the sell trade is closed.