Candle reverse ea

MQL4 Experts

Trabalho concluído

Tempo de execução 11 dias
Comentário do desenvolvedor
Was not sure of what he wanted.
Comentário do cliente
Didnt accomplished the desired specifications

Termos de Referência

If difference in pips between Open to Close (or Close to Open) of previous candle bar is more than X pips, then at the open of current candle - open a market order to the opposite direction of previous candle.

i.e:with daily candles,  if yesterday’s daily bar is Bullish (moved up) and BODY (Close price - Open price) is more than 110 pips, then today at the Open of new daily bar, at 00:00, open Sell market order.


Note: if spread at midnight is too high (more than X pips) – Don’t open a trade yet. Wait with market order till spread narrows back.  For example So once spread is less than 3 pips, open the trade.

TP = X $ 
No SL.


If price goes from last entry against the direction of the trade, open at the Open of every new candle an additional market order with: i want this to choose manually between  same lot size or multiplier, or adding size, for example +0.01 lots every new trade) as original trade.
Close all trades together when sum of all open profitable and losing trades (“basket“) is positive ( X $).


Instead of SL: If sum of all open trades (“basket”) is losing more than X% of account balance – close all trades.


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