USE CANDLE RATIO (TRUE/FALSE)-IF THIS IS SET TRUE, EA USES THIS CONDITIONs TO EXECUTE TRADES
NUMBER OF LOOKBACK BUY AND SELL CANDLES = 10 (INPUT PARAMETER).
RATIO OF BUY AND SELL CANDLES = 7:3 (INPUT PARAMETER)
LOOKBACK CANDLES STARTS COUNTING FROM THE CLOSE PRICE OF A TRADE.



BUY ORDER - ENTRY CONDITION.

1. IF NUMBER OF BUY AND SELL CANDLES ARE GREATER THAN OR EQUAL TO RATIO OF 7:3 (INPUT PARAMETER) AFTER A LOOKBACK OF 10 CANDLES (INPUT PARAMETER) EXECUTE A BUY ORDER.


SELL ORDER - ENTRY CONDITIONS.

1. IF NUMBER OF SELL AND BUY CANDLES ARE GREATER THAN OR EQUAL TO RATIO OF 7:3 (INPUT PARAMETER) AFTER A LOOKBACK OF 10 CANDLES (INPUT PARAMETER) EXECUTE A SELL ORDER.

PREPARE EA FOR MQL5 PUBLISHING.



SUMMARY FOR BETTER UNDERSTNDING

The EA will look back for example 10 candles (input parameter). if buy candles are greater than or equal 7 (input parameter) and sell candles are less than or equal to 3 (input parameter); execute a buy trade; else do not execute any trade until set condition is met.

The EA will look back for example 10 candles (input parameter). if sell candles are greater than or equal 7 (input parameter) and buy candles are less than or equal to 3 (input parameter); execute a sell trade; else do not execute any trade until set condition is met.

EA starts to look back number of candles from the close price of a previous trade.

All other EA functions remains the same