Description
This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction.
If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots).
If it hits the take profit amount then ea will close the trade if not and it again open a hedge trade, then the hedge range will be placed on higher range. It will keep on placing the trades till it meet the overall profit amount mentioned in the input
Features
- Friday On/Off
- Trading Sessions
- Start and End Time
- Risk Based on Account Balance
- Alert,Push Notification and Email
Note: This strategy uses the dangerous martingale principle. If you dont want to use that. You should keep the martingale multiplier as 1.
