Multi TF Price Action Breakout Averaging

Open Order of this EA is only based on previous candle breakout from certain candle TF that trader choose

  Current Price has break previous candle high, valid buy order

    Current Price has break previous candle low, valid sell order

SETTING PARAMETER 

 EA Name: Multi TF Price Action Breakout Averaging

Account Number: (if wrong, info: contact ...)

Expired Setting: dd:mm:yyyy (if expired, info: contact ...)

MagicNumber: 

MaxSpread:5

FirstOrderSetting (TP / SL and Trailing of the first order)

FixedLot: 0.01

RiskMM:2 (Lot= RiskMM/100,000 * Equity)

TP: 50

SL: 0

TrailingStop: T/F

TrailingStart: 10

TrailingGap: 7

BreakEvenPointSystem: T/F Once price reach certain pips, put BEP SL x pips above open order

Example: buy at 1.0000, price reach 1.0015, put SL at 1.0003. Even though the price after it reach 1.0015 it moves to higher or lower price the SL will be keep at 1.0003.

BEP_Trigger: 15 (Start put BEP after price move +15 pips)

BEP_Line: 3 (Put SL 3 pips above the buy open order or 3 pips below the sell open order)

UseMartingale: T/F (once averaging order executed use the averagingTP for all orders)

Start_Martingale: 4  (Start open lot multiplication at order -x)  For example with lotexponent (2):  1st order: 0.1 lot, 2nd order: 0.1 lot, 3rd order: 0.1 lot, 4rd order: 0.2 lot,  5th order: 0.4 lot, .etc   

Closeallsellbefore_lvl: 9 (1 pip before 9th level of martingale opened, close all sell orders)  

CloseallBuybefore_lvl: 9 (1 pip before 9th level of martingale opened, close all buy orders)  

PipStep:  10 

AveragingTP: 7 (AveragingTP is for the TP point for each averaging order that are opened,

The Take Profit is at the average from all open order value plus AveragingTP Value)

LotExponent: 1.6  

Candle_Filter: 5 (open new level of averaging/martingale in new candle formation, one candle one order; 

in this case only one order allowed for each 5 Minutes candle and to open new averaging order the price has moved to opposite direction at least 10 pips)

Order_Setting

DailyOneTimeOpenOrder: T/F (open order only one time/day, but can continue averaging)

Filter_startendTime: T/F (first open order only can be open within this time)

StartTime: 10:00

EndTime: 23:00

CloseAllOrder: T/F

CloseOrder_Time: T/F (CLoseOrder at designated time) 

CloseOrderTime: 23:59

CloseOrder_PrevCandle: T/F (CLoseOrder at previous candle high or low, if current order buy close order at prev candle low, if current order sell close order at prev candle high)

UsePrevCandleTF: M5/M15/M30/H1/H4/D1

SignalOrder_PrevCandleBreakout_Setting (previous candle and current price analysis)

MN: T/F

MinPrevCandle_High-Low: 500 (read 500 pips in both 4 and 5 digits broker)

MinPrevCandle_Body: 400

MinExceedPips: 15 (current price has exceed 15 pips from previous candle high or low)

W1: T/F

MinPrevCandle_High-Low: 50 

MinPrevCandle_Body: 30

MinExceedPips: 5 

D1: T/F

MinPrevCandle_High-Low: 50 (read 50 pips in both 4 and 5 digits broker)

MinPrevCandle_Body: 30

MinExceedPips: 5 (current price has exceed 5 pips from previous candle high or low)

H4: T/F

MinPrevCandle_High-Low: 30 

MinPrevCandle_Body: 20

MinExceedPips: 3

H1: T/F

MinPrevCandle_High-Low: 30 

MinPrevCandle_Body: 20

MinExceedPips: 3

M30: T/F

MinPrevCandle_High-Low: 30 

MinPrevCandle_Body: 20

MinExceedPips: 3

M15: T/F

MinPrevCandle_High-Low: 30 

MinPrevCandle_Body: 20

MinExceedPips: 3

M5: T/F

MinPrevCandle_High-Low: 30 

MinPrevCandle_Body: 20

MinExceedPips: 3

M1: T/F

MinPrevCandle_High-Low: 30 

MinPrevCandle_Body: 20

MinExceedPips: 3