Hello guys!
I hope you are well,
I tried to ask ChatGBPT to create a code for me but I could not fully get what I asked for, I was wondering if one of you, brilliant minds could help on this idea ?
The idea is the following:
1st Logic: EA looks for an entry by check RSI period 10 ( or 7 ,this can be adjusted ) if price crosses 70 or 30 it opens a position.
Imagine that it opened a buy position ( below 30 level ) . It opens a sell stop pending order 10/15 pips below. if the position goes into profit by either reaching TP or training stop activation the pending order gets immediately deleted.
2nd Logic: EA does the same as above but the position won't go into profit but hedges ( 1 buy , 1 sell ) then EA will look for another entry signal and get out in profit or BE ( this depends of the choice of inputs ).
3rd logic: Ea hedge the first cycle and second cycle. It keeps looking for an entry until get BE or TP. This can be achieved by using a multiplier or not, depending of the choice of inputs.
I use this strategy myself but would be great if I could automate it.
If possible to get some help, that would be great if not I totally understand.
Regards
I hope you are well,
I tried to ask ChatGBPT to create a code for me but I could not fully get what I asked for, I was wondering if one of you, brilliant minds could help on this idea ?
The idea is the following:
1st Logic: EA looks for an entry by check RSI period 10 ( or 7 ,this can be adjusted ) if price crosses 70 or 30 it opens a position.
Imagine that it opened a buy position ( below 30 level ) . It opens a sell stop pending order 10/15 pips below. if the position goes into profit by either reaching TP or training stop activation the pending order gets immediately deleted.
2nd Logic: EA does the same as above but the position won't go into profit but hedges ( 1 buy , 1 sell ) then EA will look for another entry signal and get out in profit or BE ( this depends of the choice of inputs ).
3rd logic: Ea hedge the first cycle and second cycle. It keeps looking for an entry until get BE or TP. This can be achieved by using a multiplier or not, depending of the choice of inputs.
I use this strategy myself but would be great if I could automate it.
If possible to get some help, that would be great if not I totally understand.
Regards
Attached File(s)
RSI hedge 2.mq4
8 KB
|
66 downloads