EA with trades management based on price levels (spikes and fractals) (Scalping)

MQL5 Experts Forex Strategy optimization

Spécifications

I trade manually on M1 chart (XAUUSD) with fractals and alligator.

When there is a price break on fractal (or some fractals that form a price level) or a price level created by multiple candles spikes, I enter 2 trades (0.02 lots), and 2 trades (0.04 lots). If I go in profit (5/10€), I close in profit.

But if I go in loss with DD, at this point starts the management:

every price level (important level) created by some fractals in a row or some candles spikes and the distance between previous trades is approx 50 pips, I put other 2 trades with 0.06, and so on, every time there is an important price level and previous trades are far 50/100 pips, I open 0.08, until running balance become positive (5/10€) and then I close all manually. I have a bot that puts breakeven on 0.06 trades and higher sizes. Once got be I decide to reopen or await a further away price level and then reopen. I try to limit max size trades to 0.1

This management is very time consuming and very tiring because I cannot put my eyes away from screen and so I guess if there is a system, a semi automatic system to be triggered by me on demand and that can do this very effort stuff for me.

In the picture the levels that opened today for managing a series of trades (red lines with price levels) and green line is an example of a price level created by 2 fractals.


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45 USD

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