Hi guys! Anybody who helps me create the EA according to the following parameters is free to use and backtest the EA as well and gain from it Pity I am such a crappy developer haha

Thanks guys! happy trading to all. Muacks


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Parameters

EA to automatically compute DAILY pivot points = R1, R2, R3, PP, S1, S2, S3 lines
EA works only on 1 charts

Entrance

1. BUY when price touches lines from over (do not have to wait for candle to shut )

Stop reduction: 26 pips
Take profit: only at first R/S/PP line over line of entrance (do not have to wait for candle to shut )

2. SELL when price touches lines from below (do not have to wait for candle to shut )

Stop reduction: 26 pips
Take profit: only at first R/S/PP line below line of entrance (do not have to wait for candle to shut )

that's ALL



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Example

a) R2 level of EUR/USD is 1.2000 for monday, while R1 level is 1.2100
b) Price drops from 1.2050 to 1.2000
c) Since price has dropped to R2 level which is 1.2000, EA enters a buy
d) Price then rises to 1.2100, which can be R1. EA closes commerce instantly

OR

d) If price continues falling by 26 pips to 1.1974, then the EA stops out the trade regardless of whether the price will swing back up