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ZONE RECOVERY AREA HEDGING EA, based of the high and low of the candlesticks

MQL5 Uzmanlar Forex Trading robot/indicator debugging Strategy optimization

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The ZONE RECOVERY/HEDGING STRATEGY will be on a timeframe where each strategy is independent and pending orders should be placed at the high and low of the candlestick. If it is a buy, then the pending order at the high of the candlestick will be triggered, and if it is a sell, then the pending order at the low of the candlestick will be triggered. 

If the market breaks the high of the candlestick, then the pending order at the low of the candlestick should be invalidated and a new pending order should be placed below the low of the 15-minute candlestick to create a recovering zone. This means we will have a zone of the high of the candlestick that was broken and a recover zone for selling that will be set at the 15-minute candlestick. 

The lot size should start at 0.1 for the recover zone and increase to 0.2, then 0.4, and continue doubling until the order hits the take profit level. 

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