The
program starts from one time stablished(could be selectable?) what we will do is to do with an example at 18:00h
1.-
We will use M15 at all(could be modifiable?)
2.- The program starts at 18:00h(stablished previously)
3.-
From previous candle(17:45->18:00h), we get the 'Max' and 'Min' value
4.-
We make the difference of 'Max' and 'Min' and we get the range(value x) from the previous candle.
5.- With this margin we stablish 4 cases:
case
5.1 - If the value of market goes upper from 'Max' value of previous candle(17:45->18:00h) we create a buy order, the take profit is the
range previously calculated(value x) + the 'Max' value, the stop loss is the range previously calculated(value x) - the 'Min' value, like 2
margins, as soon as the market reachs one or other, the operation will close. (See image case 5.1.jpg)
case
5.1.1 - Imagine case 5.1 but as soon as the buy order has been created, the market goes down and down, then to do not lose, what we make is to create
a sell order with (x3 value) of the buy order to compensate the lose and to start again with new margins. (See image case 5.1.1.jpg)
case
5.2 - Opposite at 5.1
Case 5.2.1 - Opposite at 5.1.1 Filter: The program will be executed when the range of previous candle is less than 100 pips.
Apply if you can code this stragegy! thank you!
Responded
Arbitration
301
59%
/
25%
Similar orders
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