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OvalDragon Price Action

Purpose: trading with price actions!

It is better for high time-frame from H12,  Daily, ...


How does it work?

When price goes to specific patterns (eg: Bearish/Bullish engulfing, Bearish/Bullish pin bar, piercing, harami),

EA will check and to open a suitable position.


Input parameters:

. InpLots: the fixed lots to open position. Defaul is 0.01

. InpRiskPercent: Or by percent (%) of balance, <=20%, 0 if not use. Default is 1

. InpTakeProfit: Take Profit (in points), default is 760 points

. InpStopLoss: Stop loss (in points), default is 180 points

. InpStopTradeWhenProfitReached: When balance reaches, it stops trading, default is 0 (not limit)

. InpUseShiftStopLoss: The flag indicating to use value of shift points into stop loss, default is true

. InpShiftStopLossPoints: The shift points to plus to SL in case using previous candle, default is 30

. InpTradingTimeStart: the starting time to trade (HH:mm:ss), empty if not use.

. InpTradingTimeEnd: the ending time to trade (HH:mm:ss), empty if not use.


More comment:

. This is special good for time frame DAILY !!!

. To apply to specific broker, it needs to change suitable parameters.

You can use strategy tester to configure out the best for you.

(The result from screenshots I tested on Exness broker)


Parameters set:

a. Exness: EURUSD

. Time frame: Daily

. Lots: 0.01

. Risk: 10%~20%

. TP: 760 points

. SL: 180 points

. Balance reaches: 0

. Flag: true

. Shift points: 30 points


b. FBS: EURUSD

. Time frame: H12

. Lots: 0.01

. Risk: 12~14%

. TP: 760 points

. SL: 310 points

. Balance reaches: 0

. Flag: true

. Shift points: 50 points


c. ICMarket: EURUSD

. Time frame: H12

. Lots: 0.01

. Risk: 10~15%

. TP: 730 points

. SL: 300 points

. Balance reaches: 0

. Flag: true

. Shift points: 80 points


d. XM.COM: EURUSD

. Time frame: H12

. Lots: 0.01

. Risk: 10~15%

. TP: 720 points

. SL: 320 points

. Balance reaches: 0

. Flag: true

. Shift points: 50 points

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