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Old 11-26-2005, 11:45 PM
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FrankC FrankC is offline
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Lightbulb A new EA is requested...

Hi,

I am looking for an EA to do the following:

1- Use a daily chart only,
2- Identify the first major sup-res levels,
3- If the high-low of the closing daily bar is within any of the sup-res levels, then wait for the next closing daily bar,
4- Now we have two bars to deal with. If the breakout is on the support level, then look for a reversal pattern, and if found one, go long on the opening of the next daily bar. For sell signal, if any of the first two bars has hit the res level, and a reversal pattern is detected, then sell on the next daily bar. You figure out your tp-sl levels.


If anyone is interested, I have the code for the reversal patterns,

Thanks.
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