Hi everyone good day, anyone can help me to create the simple EA based on below strategy, thanks a lot:
1. When the price is under and moving up toward a specific price level (said EURUSD, 1.15000), open a buy stop with TP 5 pips and SL 25 pips.
2. When the price is above and moving down toward a specific price level (said EURUSD, 1.15000), open a sell stop with TP 5 pips and SL 25 pips.
How to predefined specific price level: apply a multiplier, example: 1.1500, 1.15500, 1.16000....
TP & SL can be adjusted.
Good to have risk management, with a fixed lot, a lot based on capital/margin.
1. When the price is under and moving up toward a specific price level (said EURUSD, 1.15000), open a buy stop with TP 5 pips and SL 25 pips.
2. When the price is above and moving down toward a specific price level (said EURUSD, 1.15000), open a sell stop with TP 5 pips and SL 25 pips.
How to predefined specific price level: apply a multiplier, example: 1.1500, 1.15500, 1.16000....
TP & SL can be adjusted.
Good to have risk management, with a fixed lot, a lot based on capital/margin.