signal based on candle sticks only
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i need help on building this EA. the strategy is quite simple but am yet to understand how to use the platform to build my EA.
what i want to do is this;
if current daily candle is bullish and h4 candle breaks above previous h4 candle then open a buy order
with a trailing tp and a stop loss below previous h4 candle low
if current daily candle is bearish and h4 candle breaks below previous h4 candle then open a sell order
with a trailing tp and a stop loss above previous h4 candle high -
@rider Can those H4 candles belongto different days (today and yesterday)?
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@l-andorrà Yes. it can be yesterday's H4 candle...
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@rider Here you have something to begin with:
https://fxdreema.com/shared/REO6kBzxe
This is for buys only and I didn't include your TP and SL conditions but I think they are easy to include now.
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@l-andorrà Ok sir, thanks
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@l-andorrà thanks once more for your assistance. but i have been having issue with the trailing stop. i want to trail my stop below the h4 candle low for buy and above the h4 candle high for sell. thanks
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Maybe like that?
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@riera9 Yes you got my point, This should work. thank you...