Stupid question is it possible to create ea based on candles and use previous candle as your Stop-loss and have trailing stop for profit. For example the pair am looking at is at 10 on 9pm and on next day 7am the pair is at 20 so on 5min chart the next down candle past 7am the EA open a sell and the Stop-loss is previous candle high. Now with trailing stop let's say for every 10pip profit stop moves up by 5pips. This is just an idea
and without any indicators at all or maybe just the ATR for Stop-loss and profit. Is this possible to turn into EA would like to know the idea is have small Stop-loss and have bigger profits so even if the % is low its still can ve profitable
