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Hi,
Hopefully the scenario below is clear enough:
If Close price for hour timescale is higher than ((the current hours high)+(previous hours high) / 2) then follow A. If not then follow B.
A
Step 1. Close any open buy trades
Step 2. If no sell trades are open, sell 10 GBP/USD. Otherwise keep the sell trades open.
B
1. Close any sell trades
2. If no buy trades are open, buy 10 GBP/USD. Otherwise keep the buy trades open.
Example:
Time O H L C
10:00 1.32051 1.32468 1.31914 1.32307
09:00 1.32131 1.32449 1.31907 1.32051
If the time is 10:00 I would expect an amount of 10 GBP/USD to be sold as the average of the current and previous high is 1.324585 and this is greater than the current closing price of 1.32307.
I want the EA to run every hour.
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