Range Breakout EA

every day the EA will draw the range time on the chart and then will place 2 orders buy on the high rate and sell on the low rate. when one of the orders activate then the other order will be delated and create instead same order but with double volume from the open deal that i have (all the time will use sl\tp). .. will continue placing orders on high and low with SL and TP until TP will reach then when TP reach he will delete all the pending orders and in this case we can say cycle close and we will wait for the next day.

in case i didn't reach the tp on the first day i can continue in the second day (orders will not delate because i have open deals) and also will not draw new range because i didn't close the circle of the previse day.

Example:

EURUSD

high 1.0550

low: 1.0530

TP=1  SL =1

initial lot 0.01  multiply= 2

the EA will place buy 0.01 at 1.0550 and sell 0.01 at 1.0530

buy order activated --> EA will delete the pending sell and place new sell 0.02 at 1.0530

the first buy order reached the SL (in this case 0.02 sell activated) then EA will place buy 0.04 at 1.0530 and continue every time reach sl then ea will place opposite limit 

when we reach TP then we are deleting all the pending orders and waiting for the next day.