The EA will work based on the candle close below or above
the daily, weekly, or monthly opening price.
Buy order rule
The EA should open a buy order if the candle open and close
above either the daily, weekly or monthly opening price.
Sell order rule
The EA should open a sell order if the candle open and close
below either the daily, weekly or monthly opening price.
Close other rules
The EA should close buy order at tp or if the order is open
above and a candle close below the daily open price.
The EA should close sell order at tp or if the order is open
below and a candle close above the daily open price.
If an order close on loss, the EA should divide the lost
pips by a certain (10) number and open a new order on sum of the division. E:g
if the loss order was open lot size of 1 and the last open order lost 30 pips,
then EA will divide as follows. 30 pips/10=3, so the lot size for the next new
order will be 3 lot.
The user should have option select either have the EA work
based on daily, weekly or monthly opening price.
TP (starting TP