Help guys, I've searched and searched and can't find an EA that fits what i need.
I'm looking for an EA where i can buy or sell a candle at a set time in the direction of the candle. time must be changeable.
SL is place X number of pips above high or low.
TP is a little trickier and depends on SL size. if SL is 0-9 pips in size TP is 5x this amount. SL 10-19 pips TP = 2.5x, SL 20-49 TP= 1.5x, SL 50 or above TP =1x.
Move SL to Breakeven function would be good too.
So for example on the 30 minute chart. i want to trade the 16:00 candle. it closes DOWN (red). EA opens a SELL only. Places the SL X pips (say 2) above candle high. Total between SELL and SL equals 12 pips so TP is placed 2.5 times away at 28 pips. which ever one gets hit first, trade closed.
Many, many thanks guys for any help.
I'm looking for an EA where i can buy or sell a candle at a set time in the direction of the candle. time must be changeable.
SL is place X number of pips above high or low.
TP is a little trickier and depends on SL size. if SL is 0-9 pips in size TP is 5x this amount. SL 10-19 pips TP = 2.5x, SL 20-49 TP= 1.5x, SL 50 or above TP =1x.
Move SL to Breakeven function would be good too.
So for example on the 30 minute chart. i want to trade the 16:00 candle. it closes DOWN (red). EA opens a SELL only. Places the SL X pips (say 2) above candle high. Total between SELL and SL equals 12 pips so TP is placed 2.5 times away at 28 pips. which ever one gets hit first, trade closed.
Many, many thanks guys for any help.