Manhattan Project
Backstory to this strategy: I’ve always believed that any automated strategy that was specific for a
financial instrument is ridicules, I think it’s just numbers going up and down weather it’s FX,
commodity or stock, it’s just prices traded between buyers and sellers, so I wanted to be the market
maker (middle man) but as retail trader not institutional trader for obvious reasons I lack wealth and
fame hahahah.
Entry Condition
ATR(1) will calculate the H\L of current candle only and that is name of the game, when the value of previous candle
ATR(1) closed gets X times (added input) from last ATR close, EA will place custom level Fib H/L of that candle where
the EA will trade grid levels with martingale lot size, when TP is hit, EA will STOP trading this grid and look for fresh
ATR signal.
Fib Grid levels:
0.875 SELL %$
1.125 BUY %$
0.125 BUY %$
-0.125 SELL %$
1.5 TP %$
-0.5 TP %$
0.5 TP %$
EA Inputs:
ATR value:
ATR Signal: X times value (0 means trade all candles)
Fib Levels
Group A
buy level: (if price below it buy stop, above it buy limit) (SL is sell level Group A)
sell level: (if price below it sell limit, above it sell stop) (SL is buy level Group A)
Buy level TP:
Sell level TP:
Group B
buy level: (if price below it buy stop above buy limit) (SL is sell level Group B)
sell level: (if price below it sell limit above sell stop) (SL is buy level Group B)
Buy level TP:
Sell level TP:
Minimum ATR: (zero means off)
Maximum ATR: (zero means off)
Fixed lot: (on/off)
Fixed lot size: 0.00
Risk USD: (SL, pip value, RISK USD)
Lot multiplier: (on/off)
Lot Multiplier size: (multiply lot of last trade by EA)
Max orders: (when max orders reached we stop trading this grid and wait for fresh ATR signal)
Mac orders SL recovery mode: (on/off) (EA will record this incident “Max orders reached SL” and when there’s fresh
ATR signal to trade EA will pick up last lot size reached and continue it)
timing
from : 00:00
to : 00:00
Magic Number:
Don’t trade fresh signals until current trade hit TP (same magic number): (on/off)
any suggestions is welcome
Best Regards
SF