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Buy setup
Pair: Gold & Forex
Broker: Exness preferable
Note: One trade per setup.
🟢 BUY SetupWhen the structure form like
- First Candle is bearish (red)
- Second Candle is bullish (green)
- The body of bullish (green) candle should be greater than bearish (red) Candle
- ignore wicks
- open a trade at third candle open or 2nd candle close (optional) a litle delay is acceptable
- SL will be below of these two candles including wicks
- TP will be in RR as we will select from inputs
🔴 SELL Setup
When the structure form like
- First Candle is bullish (green)
- Second Candle is bearish (red)
- The body of bearish candle (red) should be greater than bullish (green) candle
- ignore wicks
- open a trade at third candle open or 2nd candle close (optional) a litle delay is acceptable
- SL will be high of these two candles
- TP will be in RR as we will select from inputs
Inputs
1.Risk Reward ratio
2.Lot size
3.Spread filter
4.Use Trading Hours
- Trading start Hours
- Trading End hours
Note: This EA is just to check the strategy will optimize more things later, For now we need to check trades so that's why back testing trades and live trade should be same. The amount value if changes due to spread its acceptable but trade open and close should be same.
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