Hello ABokwaik, I am looking for an EA which makes Stop orders at bottom and top of a box, but the box is not to be at a specified time, but after three consecutive candles on M15, M5 ,M1 ( TF to be an input), with either HL and HH or LL and LH. (The EA is to scan all day, and stop after a certain number of profitable trades is reached). Here is a chart showing three consecutive successful trades. While orders are active, no other box to be formed. It would be good if the EA had an input on TP as a percentage of the box size, and also an input on how many orders to be placed each time, as well as a number of cycles, so that when the first direction is stopped out, the second direction is taken at a multiple of the first. I have copied the box size in the direction of the trade, to show 2R. If two stop orders are opened for the same box, one of them is to go to the TP % set in the input, the other, double of that TP, and SL to be set to BE when the first TP is hit. If three orders are opened, the third order is to go to 3xTP setting, and at the closure of the second TP, SL to be moved to 1R. Thank you.
P.S. IN addition to the above condition, it may be good to add a way to catch two candles which have similar high and/or low, which signifies a slowing in the market, and form a box around that. IN other words, catching a pivot.
Attached Image (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1600609850
P.S. IN addition to the above condition, it may be good to add a way to catch two candles which have similar high and/or low, which signifies a slowing in the market, and form a box around that. IN other words, catching a pivot.
Attached Image (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1600609850