Candle Stick based Price Action Scalper EA

This scalper will look at 2 timeframes and takes a trade when all conditions are met. It has account and order management, not all described here. Will be shared in specifications. 

PLEASE: only apply when you write proper code yourself. Separate functionality, including comments explaining what it does. No assembly tool usage like fxdreema or similar. 

Conditions to take a trade, in this example a buy order is described, sell order works reversed:

15m timeframe condition (at candle close)

All active conditions are met:

• In trading session;

• If 15min candle is bullish; 

• If 15min candle is Doji, check input; 

• If 15min bullish candle has body/candle ratio > Input;  

• Draw rectangle from high to low of 15 min candle

5 min timeframe condition

• Conditions on candle stick pattern. To be shared after selection. 

Entry (when all conditions are met)

• TP is 1:2  or desired input RR

• SL based on candle stick structure or SMA

• TP based on RR

• Trailing SL based on SMA

• If trade loses, repeat process 

• If trade wins... check daily profit target and keep trading or end trading until next trading day or stop trading when account profit target is reached

Trade management 

• Number of trades open at the same time