Thanks for your concerns, I agree, you have to be cautious. Visual back testing shows if you take between 15-30 pips it is fine. Do this over 5 currencies and my 60 pip per day target is hit more times than not. An ea would help identify the patterns and establish a profit to loss ratio that will help with my risk management strategy. I don't really want the ea I have asked for here to trade for me but just assist in the back testing to optimise the tp's and sl's.

I still hope some one can do the coding for me with the indicator I have provided above.

Thx