DOWN BUY

This is developed by considering the market situation. Sometimes the market may get consolidated in a particular range. We also called it a range-bound market. In that situation, we need to trade by considering the range. In that range, trades need to be executed in a repeated manner.

BUY trades will get opened as the market price reaches to trigger level. As the market is moving bearish BUY trades will get opened according to the difference level assigned and Cycle count given in the input of EA, in a bearish manner. Also, the target will get assigned to each trade and get booked as the market price reaches that level. It supports for MT5.

Inputs

Lot Size - Lot size needs to be placed as per money management while opening the trades.

Trigger level – Trigger level is the level where we want to start or execute the EA. As the price reached to trigger level, EA will get initiated

Difference – Difference is calculated in pips. How much difference do we want between two consecutive trades?

Cycle count – Number of positions you want to open.

Target – You can assign a target to a particular trade. How many Pips targets do you want to assign to trade?