The EA analyzes the previous bar. If it was ascending, a sell order is opened. If the bar was down - opens a buy order. In addition, the robot must take into account the candle body and in different situations, it determines the minimum size of the bar body to enter. Because there are only bars with a long body, transactions in the rollback almost always turn out to be a plus.
Advisor settings
- Auto Lot - Automatic lot. Calculated by the formula: Lot = balance/AutoLot*0.01;
- Lot - Fixed lot;
- Slippage - Maximum slippage;
- Stop Loss - Stop Loss;
- Take Profit - Take Profit;
- Magic Number - Magic Number;
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