Hi Guys,
I was searching for the EA that may automatic my trading method but unfortunately could not find the one exact that matches my rules. There are some EAs that are close but not too close enough.
I am not coder so I am not able to adapt them. Can somebody help with creating EA trading according below rules ?
1. Any time frame ( M1, M5, M15, D1, W1 )
2. Open trade when price crosses high ( buy ) or low ( sell ) of previous candle by set amount of pips.
3. Open trade on every cross of high-low but only one direction trade per each current candle. For example if prices crosses high of previous candle open buy but if it retreats and crosses low of previous candle open sell. If price bounces up again no need to open another buy as we already have one. The same rule for opposite direction. I hope it is clear.
4. During the trend up for example open one trade on every candle if it crosses high of previous but only one trade per candle.
5. SL = low of previous candle for buy orders and high of previous candle for sell orders.
6. TP = set % of previous candle size. For example 30%, 66 %, 100%, 150%, 200 %... etc…. has to be adjusted manually in EA settings. For example if range of previous candle was 100 pips and TP is 50 % it shall be TP=50 pips. I hope it is clear.
7. Lot size to be adjusted in EA settings.
8. Stop trading and close all positions when reached set profit for the day in pips or in money.
There are many similar EAs available but they have usually SL and TP set in pips or in money. That is not exactly what I need.
Thank you in advance for your help.
Cheers !!!
I was searching for the EA that may automatic my trading method but unfortunately could not find the one exact that matches my rules. There are some EAs that are close but not too close enough.
I am not coder so I am not able to adapt them. Can somebody help with creating EA trading according below rules ?
1. Any time frame ( M1, M5, M15, D1, W1 )
2. Open trade when price crosses high ( buy ) or low ( sell ) of previous candle by set amount of pips.
3. Open trade on every cross of high-low but only one direction trade per each current candle. For example if prices crosses high of previous candle open buy but if it retreats and crosses low of previous candle open sell. If price bounces up again no need to open another buy as we already have one. The same rule for opposite direction. I hope it is clear.
4. During the trend up for example open one trade on every candle if it crosses high of previous but only one trade per candle.
5. SL = low of previous candle for buy orders and high of previous candle for sell orders.
6. TP = set % of previous candle size. For example 30%, 66 %, 100%, 150%, 200 %... etc…. has to be adjusted manually in EA settings. For example if range of previous candle was 100 pips and TP is 50 % it shall be TP=50 pips. I hope it is clear.
7. Lot size to be adjusted in EA settings.
8. Stop trading and close all positions when reached set profit for the day in pips or in money.
There are many similar EAs available but they have usually SL and TP set in pips or in money. That is not exactly what I need.
Thank you in advance for your help.
Cheers !!!