We Have A free EA base On an Idea here for you.
FIFO strategy
HOW it works:
When a candle move more than a special size (volatility in input parameter) then we have a big/fast market movement for symbol price…
so we use stop orders type to catch this big/fast movement. yes its easy strategy and it has a big potential to be better.
When all the market movement makes you have lost, This ea makes a good profit with a little profit with many orders in a short time Just on a Candle.
When ex: M15 or better in H1 time frame a candle moves fast as I need it or have a good change in price about over the 200 points this is a good choice to enter the market with a thiny order.
We make this Idea to an EA free.
if you have any question, any Idea to have better ea im here:
Enjoy
Recommendations:- Use ECN account with smalest posible spread.
- H1 Timeframe / EURUSD and GBPUSD have best result.
version 1.1:
- Work on strategy to have better result in real market.
- Add input parameter to limit maximum orders taken in a candle
See the result:
if you have better idea to have better one leave me a message.
Remember, this program is an idea and needs to be improved.
Do not use this program on real market