Need help coding EA
Have you manually traded this system? Whats the win:loss ratio?
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Looking for someone to code an EA of the following. Or if someone can point me in the right direction to learn to code it myself. Thanks!
Only 1 trade per day
Currency pair = X
Chart time frame = 30M
If Candlestick at time X open<close then set order buy (bullish/green candle)
buy at high of candle at time X - X pips. buyOrder= candleHigh- x pips
Target price = buyOrder + X
set sellStop for target price
If Candlestick at time X open>close then set order buy (bearish/red candle)
sell at low of candle at time X + X pips. sellOrder= candleHigh- x pips
Target price = sellOrder - X
set sellStop for target price
Example:
30 minute chart EURUSD
at 8:00 there is a green candle open=1.30000 close =1.3025
I want to set buy order at - 5 pips of the high of the candle at 8:30 as soon as the candle closes.
so buy order will be 1.3020
I set target price at 50 pips so a sell stop at target profit = 1.3070
the next day at 8:00 there is a red candle open=1.30000 close=1.29000
sellorder is set at candle low + 5 pips of candle low
so sell order = 1.2905
target price is 50 pips so buystop oreder set at 1.2855
I would like to be able to adjust the numbet of pips of enter price and target price and usable with any currency pair. Also adjust the numbetr of lots traded