Job finished
Specification
Chandelier exit ea
works on range bars I use az-invest and omniabar for range bars
will place orders with sell limit and buy limit orders so to get the best execution price without slippage
Option for it not to place trades at certain times of the day and night
If there are open trades after the trading hours in place then they will stay open until closed out by the ea exit rules
entry will be on the close of the bar after it crossed the chandler exit indicator
Option to increase lot size after a losing position until it gets a winning position again
Option for the ea to stop trading after a certain amount of pips in profit
The ea will use 2 chandeliers exit indicator of different sizes to enter the initial trade
After this in will use one chandelier exit indicator to place trade which will only be in the direction of the slower indicator. meaning if the slower indicator is above the faster indicator then it will only place sell trades
On first entry it will place 2 trades
Option to close part of first trade by either
take profit in pips
once a certain amount of pips in profit it will move the stop loss to break even, for this part of the trade only
second part of the trade will continue on.it will only use the chandelier exit indicator for exit it will only place buy or sell orders depending on what side of the slower chandelier exit it is on. if the faster indicator is below the slower indicator then it ill only place sell trades
it will close trades when it closes above the indicator and re-enter when it closes below the indicator again for sell trades and the opposite for when it is placing buy trades