Price Action EA

This strategy is Price Action based. The Price Action includes Support and Resistance, Inside bar, PinBar and Fakey.

First, understand the mechanics of insidebar/pinbar/fakey trading.

https://priceaction.com/price-action-university/strategies/inside-bar/

https://priceaction.com/price-action-university/strategies/pin-bar/

https://priceaction.com/price-action-university/strategies/fakey/

input:

S/R High (initial=0)

S/R Low(initial=0)

lot(initial=0.1)

Support and Resistance:

H1 candlestick closes above S/R High (should >0), BuyLevel= H1 candlestick high

H1 candlestick closes below S/R Low (should >0), SellLevel= H1 candlestick low

Insidebar(H1): BuyLevel=mother bar high

SellLevel=mother bar low

Pinbar(H1): Tail >Nose and Tail>2.0*body

BuyLevel=bullish pinbar high

SellLevel=bearish pinbar low

Fakey(H1): BuyLevel=bullish Fakey high

SellLevel=bearish Fakey low

Range: Support and Resistance---S/R High~ S/R Low

      Insidebar--- mother bar high~low

      Pinbar --- pinbar high~low

      Fakey--- Fakey high~low

EA opens buystop order after M15 candlestick(Candle1) closes above BuyLevel.

Entry: Candle1 high

             Stoploss:  Support and Resistance---- S/R Low

             Insidebar---- mother bar low

             Pinbar---- pinbar low

             Fakey---- Fakey low

   Cancel order: if M15 candlestick closes below Stoploss and the buystop order is not filled

    Add lot: if the buystop order is filled and price pulls back to 50% Range

EA opens sellstop order after M15 candlestick(Candle2) closes below SellLevel.

Entry:    Candle2 low

             Stoploss:  Support and Resistance---- S/R High

             Insidebar---- mother bar high

             Pinbar---- pinbar high

             Fakey---- Fakey high

Cancel order: if M15 candlestick closes above Stoploss and the sellstop order is not filled

Add lot: if the sellstop order is filled and price pulls back to 50% Range

- I will want the source code upon completion.

- I will need the MQL4 version.

Thanks