I need help to build up my strategy. I used that Idea with manual trading and
it`s profitable. So now I need to have it automatic.
I would really thankful if anyone
can code given below strategy.
Basic Trading Strategy :
# Check previous candle high value.
Place pending buy order at 5 pip above
previous M15 closed candle,
# Check previous candle low
Place pending sell order at 5 pip
bellow previous M15 closed candle,
# When pending hit then opposite
pending order will automatic cancelled
# if sell/buy pending order
not reached the target, then wait for the next 15min candle and cancel
previous Buy and Sell pending order.
# Time Frame = M15.
# Lot Size = 1
# Take profit = 2 pip
# Stop Loss = 3 pip (from sell
and buy price)
# Trailling = 1 pip
maybe with picture much more understanding
Previous high is 1.26500
Previous low is 1.26300
Buy order would be
1.26550 TP 1.26570 SL 1.26520
Sell order would be
1.26250 TP 1.26230 SL 1.26280
Hello S hillary.
I'm interested in this EA. You got it? Can you share?