BUILD AN EXPERT WITH THE USE OF PRICE , NO INDICATORS INVOLVED

ANY CHANGES WILL BE MADE WILL COVER UNDER THE BUDGET. 

                                                       Build an Expert Advisor

Example: Current price of XAUUSD is 3010

My Median Price = 3000

If price goes above 3000, buy

If price goes below 3000, sell

Either use the current price as the median, i.e., 3010

Above 3010 = Buy

Below 3010 = Sell

Or wait for the price to hit our level, then start, i.e., 3000

One must have both options: Use current price or use a specific price.

NOTES:

→ Let's say we use a specific price.

If the price does not touch our specific price, the EA will not initiate a trade.

If price 3000 is triggered,

It may take a sell first or buy first, depending on the gap between the prices of buy and sell.

When 3000 is the median, the EA will automatically understand that:

Buy at 3000.50 (Stop loss: 2999.50)

Sell at 2999.50 (Stop loss: 3000.50)

So, it may take multiple stop losses to make a POSITION of buy or sell, but it should not miss.

If after 7 stop losses, a buy is initiated, then we will trail it.

After that, we may add another POSITION WITH median = 3030

NOTES:

If above 3030 = Buy

If below 3030 = Sell

Imagine our first entry is stopped by trail at 3025, then we can:

Either use 3025 as median or

Use 3030 as median

Now we would have 2 lots here—one from 3000 & the other from 3025 or 3030

And merge 0.10, 0.10 lot = 0.20 lot

Now 0.20 will be worked as:

3025 above = Buy

3025 below = Sell

Our 2nd lot, which is now a single lot of 0.20, must also trail AS WELL. WE CAN HAVE MULTIPLE MEDIANS WHICH IS TO BE INPUT TO MAKE MORE POSITIONS.

3rd entry / 3RD MEDIAN

4th entry

5th entry

6th entry

As long as EA is not set off.

           Note:

Stop loss can be modified.

Trailing can be modified.

Time filter should be added.

Addition in entries, lot can be modified by input.

Buy target & Sell target should be there.

Trailing Step & Trailing Start can be used.

If one buy side is defined,

Our sell side will also be defined, i.e., below 3000, a trade in sell will be initiated.

Multiple Reentries will be there regarding making a position, either in 1st, 2nd, or many positions.

Once target is met, positions will be closed.

one more thing to add reentries can be placed manualy without any context ... without any option to buy above and below disable function also there .