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EA trading based on Candle - need help to get it simpler

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  • First Post: Feb 23, 2018 8:50am Feb 23, 2018 8:50am
  •  happylife
  • | Joined Nov 2008 | Status: Member | 3 Posts
Someone previously ask help to build an EA. It works great, however, with some filters included, it's no longer works as expected.
--------------------------------
The guy ask help :
Hi,
I'm looking for an EA that does these :
(1). Open Position - it will BUY (for bullish candle) or SELL (for bearish candles) on next open candle. E.g. , if previous candle is Bullish, open BUY on next candle open.
(2). Close Position - after candle has changed color. E.g.,
Summary :
Bullish candle -> Bullish candle (open BUY position) -> Bullish candle -> Bearish candle -> Closed position.
Vice versa for bearish candle.
(3). Repeat the above 2 steps as long as the EA is running.
(4). Entry, Add-ons and Close position parameters :
- Able to select between 0-10 candle gaps = being 0 as Disabled, and 1 being "at least 1 same color candle" before trigger Open or Close position, etc.
--------------------------------
A guy has build an EA for him. However, when I test EA, it place/multiply the orders of a pair - when I want to keep 1 live order. And I don't need filter as I trade on big timeframe - Daily,....

I want to keep the EA simple to easy work without errors:
(1). Open Position - it will BUY (for bullish candle) or SELL (for bearish candle) on next open candle. E.g. , if previous candle is Bullish, open BUY on next candle open.
(2). Close Position - after candle has changed color. E.g.,

Summary :
Bullish candle (closed) -> (open BUY position) -> Bullish candle -> Bearish candle (closed)-> close BUY position - open SELL position.

Vice versa for bearish candle.
(3). Repeat the above 2 steps as long as the EA is running.
(4). Optional to have Lot size, Stop-Loss and Target-Profit
(5). Only keep 1 open trade for a currency pair - No hedging No multiplier -> it can caused a big loss later.

Here is the old EA. Hope anyone can modify or make new EA based on the old one.
https://www.forexfactory.com/showthread.php?t=327224
  • Post #2
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  • Last Post: May 1, 2018 5:48pm May 1, 2018 5:48pm
  •  nikolayy
  • | Joined Mar 2013 | Status: Member | 10 Posts
Looking for the same. Did you manage to find
 
 
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