Spike trader EA

The EA is based on bar spikes,therefore we must clearly define what I mean,for my purposes,as spike;let’s assume the 2 cases of bullish and bearish bar:

A)Bullish bar(close>open):

                                                   Upper spike (IN ABSOLUTE VALUE)=close – high

                                                   Lower spike(IN ABSOLUTE VALUE)=open-low

B)Bearish bar(close<open):

                                                   Upper spike (IN ABSOLUTE VALUE)=open – high

                                                   Lower spike(IN ABSOLUTE VALUE)=close-low

Now,let’s take into consideration the 2 ^ndparameter to trigger a trade:

- The average bar price=(High-low)/2

We are now ready to define entry rules:

-GO LONG IF:

A)current bar average price( at bar close)is higher than previous bar average price of x pips,and

B)upper spike is higher than y pips

-GO SHORT IF:

                          A)current bar average price(at bar close)is lower than previous bar average price of x pips,and

                       B)lower spike is higher than y pips

PLEASE REFER TO THE ATTACHED WORD FILE FOR EXHAUSTIVE INSTRUCTIONS.