Chad Hilton

MQL4 Experts

Job finished

Execution time 140 days

Specification

2 up/down cover.


1,2 cover happens. Trade opens. 5 pip are destined or a dollar amount equivalent. Lets say 1 standard lot @ 5 pips = $50. So the dollar amount would be 50. If the 50 is reached the trade is closed. 

If $50 dollar amount is not met and a candle closes in the opposite direction of the initial 1,2 cover then a second trade is opened in the opposite direction @3 lots. both trades will not close until the 2nd trade covers the dollar amount of $50.


I call it a 2 up/down cover. Example would be 2 bear candles that get covered up by one bull candle and the bear candle must close equal or greater than the top candle body of one of the 2 bear candles. Same is for 2 bull candles followed by one bear candle to cover the 2 bull candles. 

I also base the trades on a 10 Simple MA. The patterns must close to the MA or touching the MA.

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30 - 40 USD
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27 - 36 USD