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Hello All ,
I would like to test a simple system that depends on 4H candle that close and break the high or the low of the previous daily, any help coding this Indicator / Experts will be appreciated a lot .
The System goes like this :
Buy Orders : IF 4H Candle Close above previous Daily High , then open the following orders :
1- Buy @ 4H Close market Price , SL= 30 , TP = 40
2- Buy Limit @ 4H Close with 10 Points , SL= 35 , TP = 50
3- Buy Limit @ 4H Close with 20 Points , SL= 40 , TP = 60
------------------------------------------------
Sell Orders : IF 4H Close Below previous Daily Low , then open the following orders :
1- Sell @ 4H Close market Price , SL= 30 , TP = 40
2- Sell Stop @ 4H Close with 10 Points , SL= 35 , TP = 50
3- Sell Stop @ 4H Close with 20 Points , SL= 40 , TP = 60
---------------------------------------------
Notes :
1- MT4 Server time : UTC / +3 GMT
2- Note : Order Number 3 must be cancelled if it did n`t activated within 24 hours - with an option to close it manually or Automatically .
Looking for help from experts, coders , traders ..... any one
, any inputs will be more than welcomed .