Freelance service at MQL5.com: Scalping algo based on previous candle (IN OUT IN OUT) type trading

Job finished

Execution time 7 minutes

Feedback from customer

very good, will do business again

Feedback from employee

Very good and fast responding client. Will be happy to code for him again.

Description

Specification

Scalping algo based on previous candle
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BUYING
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1. If previous candle was green = then buy to that previous candle high..with stop loss on previous candle low

>> IF CANDLE DOESNT MAKE IT TO THE HIGH BEFORE THE CANDLE ENDS, THEN CLOSE POSITION ONCE THE TIME IS UP.

SELLING
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2. If previous candle was red = then sell to that previous candle low..with stop loss on previous candle high

>> IF CANDLE DOESNT MAKE IT TO THE LOW BEFORE THE CANDLE ENDS, THEN CLOSE POSITION ONCE THE TIME IS UP.

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*this is a very quick scalping strategy >> example, if i was trading the 1 hour chart then im only in the trade for less than an hour.

* THIS HAS TO BE ON MT4

* I NEED TO BE ABLE TO SELECT WHAT TIMEFRAME THIS ALGO TRADES FROM

*THIS IS AN IN OUT IN OUT TYPE SCALPING ALGO. REMEMBER THAT.

EXAMPLES INSERTED

Files:

PNG

buy_example.PNG

13.0 Kb

PNG

sell_example.PNG

18.1 Kb

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