Previous Candle Size Strategy

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Previous Candle Size Strategy

Postby fxdimarion » Mon Jul 31, 2017 2:57 pm

Good Day,

I would like to request the creation of a simple strategy is one does not already exist. I am prepared to contribute if it requires creation.

-Basically the strategy will be able to open a new trade based on the size of the body of the previous
candle.

-This candle size can be adjusted by the user.

- The stop loss and take profit parameters of the trade can also be adjusted by the user.

-For example if a previous bull candle is more that 20 pips a buy trade will be opened or if a previous bear candle is more than 20 pips a sell trade will be opened.

Thanks in advance.
fxdimarion
 
Posts: 2
Joined: Mon Jul 31, 2017 2:40 pm


Re: Previous Candle Size Strategy

Postby fxdimarion » Thu Aug 17, 2017 11:44 am

Thanks mate,

After some analysis I am realizing its not quite working the way I want it to. For instance
the strategy opens multiple trades at the same time. I would only like it to open one trade at a time.
And also the strategy does not seem to be closing trades with it reaches its take profit or stop loss. Can this be rectified?
fxdimarion
 
Posts: 2
Joined: Mon Jul 31, 2017 2:40 pm


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