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I want to create EA based on simple candle pattern
I will mention an example of the pattern in which a buy trade is opened,
when two Berish candles are closed
(their shape does not matter, it just should be two Berish candles in a row)
, and then after these two candles a one bullish candle closes above The highest bodies and tails of the previous two Perish candles that meets the entry candle conditions (The candle conditions will be mentioned below)
The EA enters a buy trade, and places the SL is below lowest tail of these three candles by 3 points or more (this distance must be changeable from the inputs) and targets the same target, which must also be changeable from the inputs.
This expert does not specify the target and stop loss with points NO ,(((( he identifies it with RR))) just like that1/1 or 1/2 or 1/3 or 1/4 or 1/5, and the trade ends with TP or SL
only , and it is necessary that there be a partial closing should be in the inputs, as follows: When the trade arrives To a target of 1/1RR, the expert closes 75% of the trade and continues with the rest to TP or SL,
or close 50% or 25%(Depending on the selected input settings)
and sell positions Of course, the opposite is true
Entry candle conditions: As I mentioned above,
1- it should close above the bodies and tails of the previous two candles,
2- and there must also be a close in the upper part of the Fibo. Fibo settings are in the attached image.
Of course the Fibo is used to measure the entry candle by drawing it from the bottom to the top in the case of buying
and from the top to the bottom in the case of selling.
It is only used on the entry candle and the previous two candles are not taken into account.
If a new entry condition is met and there is an effective trade, he take it maximum trade effective together is (three positions) The settings must include
time filter
and a percentage of the account size to enter each trade,
and entry with fixed lot size.
Of course, at a time when the time filter is in a resting time, the EA handles open trades normally, but He does not take a new position even if the conditions are met
and he must be able to Dealing with slippages He must be able to work on at least three pairs _________ inputs _______
Magic number......
Partial close at 1/1RR...... fix%
Fixed lot ..... True or false
Fixed lot...... 0.01
Percentage..... True or false
Percentage.... 00.00
Trailing SL ......... True or false
Trailing SL after point....... fix
Break even SL........ True or false
Break even SL after .......fix
Jump SL ...... true or false
Jump SL distance evry (points)......... fix
(((Jump SL means that the SL moves according to the specified distance. For example, if we put the number 30 points, when the price moves in the direction of the target by 30 points, the SL moves 30 points forward and stabilizes its place and does not move with the price movement except when the price also moves another 30 points forward, then it rises. And jump 30 points forward and so on and so on...)))
SL distance in points..... Fix
Maximum size for entry candle in point....... fix
Minimum size for entry candle in points ..... fix
Time filter...... True or false
Start time..... 00:00
And time...... 00:00
Comment.........
Maximum positions...... fix Max slippage allowed....... fix Max spread allowed......... fix
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