I had an idea for a similar type of EA, but can't seem to get any programmers to bite. I think price action is the best indicator. Buying as it goes up and selling as it goes down just makes good sense. My idea was to set a take profit level based on a dollar amount if there where a mix of positions. So if there was a short, but the price action reversed and there is now a buy or two, then it closes all positions at a specific profit. If there are only buy positions, it closes all the buy positions at the point when there is a reversal and the EA should buy. I think it would be ideal to have the TP, SL, and pipstep adjusted based on the range of the pair. When it is a small range, we take smaller profits, and vice versa. This would help to counter a range where it simply goes long then short then long, etc. etc. This could blow an account if it went on long enough.