Hi. i want to share my technical tradings style of measure the pips ranges. If anyone want to develop to EA, i want share this knowledge for free.
Condition
1. Using on Instaforex broker. 4decimal
SOP for entry.
1. position will open at server times at 02:00 , 08:00 and 14:00 ( its will be good if we can change manually because of session changes in broker every years)
2. For every times, EA will need open just
1x Buy stop. 10pips from open candle
1x Sell stop. 10pips from open candle
Take profit: 10pips
No stoploss.
For example. Open candle at 02:00 server time for EURUSD is 1.1333
so,
Buy stop 1.1343 Take profit 1.1353
Sell stop 1.1323 Take profit 1.1313.
3. All pending order need to be delete before open new trades.
For example. at 02:00 have 1 pending order still not hit. so, at 08:00, pending order for 02:00 will automatically delete before placed new order.
4. After stop order have being hit, a horizontal line will draw for every 100pips from the take profit points.
so, every 100 pips level will open lot that we can decide manually.
5. for negative floating, its will be ranges for how much that pairs already goes. with this systems, we can know how much for that ranges of that pairs.
i already using this for 2years and it help me very much to make good profit from it. Its just i do it manually before. If this system can develop into EA. its will help many trader with this. i was call this system by name of Pips ranges measurement.
Usually i will enter big lot at 400 or 500pips ranges.
Linkback: https://www.forex.zone/new-ea-coding/26/pips-ranges-measurement/537/
