フリーランスセクション

Candle Cross and Breakout Strategy

MQL5 エキスパート 外国為替

仕事が完了した

実行時間1 日
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Superb developer, nice understanding, nice communication, i changed my logic 7 times still he changed the code for me thankyou for the understanding!

指定

Rules and Logic

Candle Identification:

  • Consider three candles: Candle1, Candle2, and Candle3.

Candle Cross Conditions:

  1. Candle2 must break the high or low of Candle1:
    • If Candle2's high > Candle1's high, this is an upward breakout.
    • If Candle2's low < Candle1's low, this is a downward breakout.
  2. If Candle2 does not break Candle1's high or low, Candle1 is marked as a reference point.
    • The EA will wait for any subsequent candle to break the high or low of the marked Candle1 before proceeding.

Trade Entry Conditions:

Trade will be taken on third candle closure.
  • Buy Trade:
    • Candle3 closes above Candle2's close.
    • Candle3 does not break Candle2's low.
  • Sell Trade:
    • Candle3 closes below Candle2's close.
    • Candle3 does not break Candle2's high.

Risk Management

Stop Loss (SL):

  • For Buy Trades: The low of Candle2.
  • For Sell Trades: The high of Candle2.

Take Profit (TP):

  • The range of Candle2:
         TP=(Candle2’s High−Candle2’s Low)


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