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Spezifikation
Scalping algo based on previous candle
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BUYING
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1. If previous candle CLOSES above previous candle = then next candle to open create a buy position.....with Target (TP) on previous candle high and stop loss (SL) on previous candle low
>> IF CANDLE DOESNT MAKE IT TO THE HIGH BEFORE THE CANDLE ENDS, THEN CLOSE POSITION ONCE THE TIME IS UP. THIS IS IMPORTANT.
Say i enter on the 1 hour chart and within that hour the candle doesnt hit the TP or SL i need the candle to exit automatically once that 1 hour has ended.
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*this is a very quick scalping strategy >> example, if i was trading the 1 hour chart then im only in the trade for less than an hour.
* THIS HAS TO BE ON MT4
* I NEED TO BE ABLE TO SELECT WHAT TIMEFRAME THIS ALGO TRADES FROM
BUDGET 30$
*THIS IS AN IN OUT IN OUT TYPE SCALPING ALGO. REMEMBER THAT.
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