Specification

specification


High-Frequency Candle Momentum Scalper

1. Strategy Overview

Core Logic: The EA identifies the current color of the active candle (Bullish or Bearish).


Entry Trigger: It opens positions only after a specific duration of the candle has passed (e.g., after 30 seconds on a 1-minute candle) to confirm the direction.

2. Entry Logic (The "Half-Candle" Rule)

Timeframe: M1 (Default, but adjustable).

Time Filter: The EA waits for X seconds after the candle open before trading (Input: Start_Seconds, default 30).

Direction Check:

If Current_Price > Open_Price (Green Candle) -> BUY.

If Current_Price < Open_Price (Red Candle) -> SELL.


Stacking (Multiple Trades): The EA is allowed to open multiple trades (Max 5 to 10) within the same candle if the price continues to move in the favorable direction as long as the spread isnt too large to inhibit profits.

3. Exit Logic

Take Profit: Very small scalping TP (Input: TakeProfit_Points).

Stop Loss: Hard safety SL (Input: StopLoss_Points).

Candle Exit: (Optional) Close all trades at the end of the candle to prevent holding against a reversal.

4. Inputs (User Configurable)

LotSize: Fixed lot size per trade. 

MaxTradesPerCandle: Maximum number of positions allowed in one bar (e.g., 10).

Start_Seconds: How many seconds to wait after candle open (e.g., 30).

Grid_Step: Distance in points between stacked trades.

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Project information

Budget
30 - 299 USD
Deadline
from 1 to 5 day(s)

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