MorningSword's Logic EA

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AuthorTopManager comment 0case check 26episode Creation date 26-06-05 19:14

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* External Variables (Use Modified)

Magic = 1234;

Lots = 0.1; (Lots)

Martigane = 1.0; (Martigane Multiplier)

PipSize = 22.2; (Set trend length PIP = POINT*10 : 22.2PIP = 222POINT)

TPpip = 22.2; (Take profit at open price)

SLpip = 22.2; (Stop loss at the opening price)

* Logic Explanation

- Open position in the direction where the PIPSIZE size appears first based on the daily opening price.

- Close position by taking profit or stopping loss based on TP and SL.

* EA

- Applicable to all time frames after selecting a currency pair.

- Includes Martingale strategy (Not applicable: Martingale 1 ::: Applicable: Martingale 2~X)

* Caution

*** Due to the nature of the logic, EA coding based on the closing price of the ongoing candle causes significant distortion and is therefore restricted.

1-minute opening price - Daily opening price = PIPSIZE calculation

*** While there may be differences depending on the broker, high-accuracy backtesting is only possible for periods where 1-minute data exists.

Therefore, please only view data from January 2023 onwards.

*** Forwarding is applicable. However, please use it strictly for the demo only!

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