EA based on Last "x" candles.

MQL4 Esperti Altro

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Specifiche


Hi,
 I require EA based on Price action and candles.

 EA checks last "x" candles excluding the current candle . Checks last "x" candles and checks how many times a price point got tested ( same as support & resistance )  . We take the price point where it was most repeatedly tested than the rest and  place Sell limit or Buy limit .

If follow trades allowed ( grid ), then we check more "x" candles and places  limit orders at similiar levels as above. For Take Profit we check last 5 candles peak and closes off at peak, with Minimum Take Profit parameter honoured.

Hence parameters would be

Lock Timeframe= 15 min
Look Back Candles =30
Times tested = 3

Maximum Orders allowed=

If more than 1

Look Back Candles = 60

Difference between two limit orders = 15 pips

Maximum Stoploss Allowed=

Minimum Stoploss=
Close All In Profit Pips=

TakeProfit Check Back Candles=
TakeProfit Minimum=
Take Profit Peak of last "x" candles =5

Trade Comment=
Magic Number=
Friday Last Trade=
Close all Pendings



I can explain via Teamviewer of Skype screenshare, if you could not understand it.
If understood, please quote

Thanks

Skype id : chrisjose3


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