Candle reverse ea

MQL4 Esperti

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Tempo di esecuzione 11 giorni
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Specifiche

If difference in pips between Open to Close (or Close to Open) of previous candle bar is more than X pips, then at the open of current candle - open a market order to the opposite direction of previous candle.

i.e:with daily candles,  if yesterday’s daily bar is Bullish (moved up) and BODY (Close price - Open price) is more than 110 pips, then today at the Open of new daily bar, at 00:00, open Sell market order.


Note: if spread at midnight is too high (more than X pips) – Don’t open a trade yet. Wait with market order till spread narrows back.  For example So once spread is less than 3 pips, open the trade.

TP = X $ 
No SL.


If price goes from last entry against the direction of the trade, open at the Open of every new candle an additional market order with: i want this to choose manually between  same lot size or multiplier, or adding size, for example +0.01 lots every new trade) as original trade.
Close all trades together when sum of all open profitable and losing trades (“basket“) is positive ( X $).


Instead of SL: If sum of all open trades (“basket”) is losing more than X% of account balance – close all trades.


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