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Hi,
I want to have a Scalper EA which makes use of a correction price from price movement using two Moving Average indicators (see figures) as a channel and Volumes indicator as a filter.
If the price goes up over the channel border and the Volumes indicator >1500, then put a dynamic (= it allway moves at a constand distance i.e 5 pips from the open price) stop sell orders (with a stop loss of 15 pips).
If the position is opened and has a Profit 5 pips , then move the stop loss at the entry price and start trailing of 5 pips step.
If the position is closed by reaching the stop loss, then a new stop buy order should be placed 5 pips from the current price.
The cycle can repeat up to 10 times until the prices turn back to inside the channel and the volumes < 1500.
At the opposite MA-channel border do just the same logic.
Following comments should be as functions in the input parameters dialogue:
Use MM yes
Risk 10,
Fixed lots 0.1
Pending orders: 5 pips
Volumes level: 1500
Max orders: 10
Max spread: 1.0
Slippage: 3.0
Stop loss 15.0
Trailing Stop: 15.0
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