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An Expert Advisor Based on The Crossing of The Opening Price on Each Candlestick

MQL5 Esperti

Lavoro terminato

Tempo di esecuzione 9 giorni

Specifiche


The Expert Advisor does nothing when it is at the position of the Opening Price. However, Buying, Selling or Closing of a position by this Expert Advisor is triggered:

(1) when the next tick is above the opening price, a BUY is triggered.

(2) when the next tick is below the opening price, a SELL is triggered.


Because of this strategy, it is possible to have multiple entries on one bar.


If the BUY position closes because the tick has crossed below the opening price, a SELL position is opened.

Likewise, If the SELL position closes because the tick has crossed above the opening price, a BUY position is opened.


Only one condition closes an open position, that is, when the next tick crosses above or below the opening price.

This is true for each individual candlestick. This Expert works on all timeframes.


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