EA for opening pending positions depending on candle open price.

Make a horizontal line for the following.

Opening candle  ( Keep a solid line across the entire chart for the day. 

Sessions

Opening candle  ( Keep a solid line across  just the time frame specified only. Then when  it restarts, start a new line)

15 mins 

30 mins 

1 hr

4 hr

Daily 

Weekly

Monthly 

Example

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Entries 

Order Type

Buy 

Sell

Both

Set a pip count for entry.

Example

Long 

5 pips

When the current candle is above the open line by  5 pis, enter a long.

When the current candle is below the open  by 5 pis, enter a short.

Candle Close 

When a candle closes above the open line, enter long.

When a candle closes below the open line, enter short.

Stack Option

Put a stack option based on direction.

IF we are on 1H, and we keep getting sells, add a new entry. 

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Exits

Stop Loss

Enter the # of pips

Last Candle (Optional)

Close the open trade on the last candle with x amount  of minutes is left before the new session starts.

Example, We can set it to 1 minute, 2 mins left.

Open

If it pulls back to the Open line, close position. 

Sentiment Shift

If we get x amount of reversal trades, then exit the current position and start a new position.

Example. We are on the 1H going long and we get 2 consecutive sells, close the long and enter short. 

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Targets ( Take Profit)

Previous Day High

Previous Day Low

# of pips