TRENDING SELL

This is developed by considering the market situation. Sometimes the market may get flow in one (Trending/same) direction. We also called it as a Trending market. In that situation, we need to trade by considering the direction and flow. Market will get pumped after crossing major support\resistance in same direction. This is the key point behind this.

SELL trades will get opened as the market price reached to trigger level. As the market is moving bearish after crossing major support /resistance SELL trades will get opened according to the difference level assigned and Cycle count given in the input of the EA, in a bearish manner. Also, the target will get assigned to each trade and get booked as market price is reach to that level.

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?

SL SET – SL SET is the conditional, do we want to place SL or not (true/False)?

SL last cycle – Need to assign SL to last cycle opened. As soon as SL gets hit total positions get closed as well as EA get automatically removed.