Code Mt4 EA

Scenario 1 1. Fib pivot moves up 2. Fib Resistance 1 moves up 3. Fib Support 1 moves up 4. Buy pending order placed at fib resistance 1 with stop loss at fib support 1. 5. Sell order placed when 2 candles close below fib pivot with stop loss at fib resistance 1. 6. Only one trade can be open at any one time. But pending orders (point 4.) should still be on if a sell trade has opened. 7. Only one buy pending order at any one time. 8. Sell order is only placed if there is no buy trade currently open. If a buy trade is open and the price closes for 2 candles below fib pivot, the EA must wait until the buy trade is stopped out before placing the sell trade. Scenario 2 1. Fib pivot moves down 2. Fib Resistance 1 moves down 3. Fib Support 1 moves down 4. Sell pending order placed at fib support 1 with stop loss at fib resistance 1. 5. Buy order placed when 2 candles close above fib pivot with stop loss at fib support 1. 6. Only one trade can be open at any one time. But pending orders (point 4.) should still be on if a buy trade has opened. 7. Only one buy pending order at any one time. 8. Buy order is only placed if there is no sell trade currently open. If a sell trade is open and the price closes for 2 candles above fib pivot, the EA must wait until the sell trade is stopped out before placing the buy trade. Scenario 3 1. Fib Resistance 1 moves down 2. Fib Support 1 moves up 3. Buy pending order placed at fib resistance 1 with stop loss at fib support 1. 4. Sell pending order placed at fib support 1 with stop loss at fib resistance 1. Scenario 4 1. Fib Resistance 1 moves up 2. Fib Support 1 moves down 3. Buy pending order placed at fib resistance 1 with stop loss at fib support 1. 4. Sell pending order placed at fib support 1 with stop loss at fib resistance 1. Position sizing Scenario 1 and 2: If the Stop loss is hit that should be equivalent to a set variable% of the account. Scenario 3 and 4: If the Stop loss is hit that should be equivalent to a set variable% of the account. This % needs to be separate from scenarios 1 and 2 position sizing. Close open BUY trades When there are 3 consecutive lower volumes and price closes above fib resistance 2. Close open SELL trades When there are 3 consecutive lower volumes and price closes below fib support 2.