EA to trade on the current candle - page 2

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Hi  - I'm new and very ignorant on the subject of EAs but I am hoping to have one developed.

My question - Does an EA only open and exit trades on close of candle or can a trade be opened/closed during a candle? For example open trade as it passes through a zone like Keltner channel.

I would be most grateful for any helpful reply - Thanks John

 
Johnkerrmt4 #: Does an EA only open and exit trades on close of candle or can a trade be opened/closed during a candle?

Depends on how it is coded.

 
Johnkerrmt4 #: Does an EA only open and exit trades on close of candle or can a trade be opened/closed during a candle?

An EA can place trades (or close them) at ANY time, before, during and after a bar closes, as long as the market is open and trading allowed at that time and all the broker contract conditions are met.

It is up to how the EA is coded and applied that it can be made to only place trades at certain times. They are limits imposed by the strategy rules and logic of code and not the trading platform.

 
Hello friends if i want to trade on current candle then how i create ea. My question is when current candle's high crosses previous candle's high then buy signal should be triggered.
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