Сommunication strategy for EA. what do you think

lets Talk. could this work or not. taking spread and other cost into consideration as well. lets look on H4 chart.




example above. if an EA can find the high volume bars. lets look at the pink line and blue arrow. this is an high volume bar. most times these bar gets retest within and most of the time if there is a break out it will retest it on later.

we enter buy and sell at the same time when the H4 bar closses or just a little before the close. a grid with buy and sell will be placed below and above entry. lets use 20 pip grid for usdcad for now.

here price goes down we take profit on the sell 1. when it takes profit we enter another buy and sell. 3 and 4. here price goes up. and comes back to the first enteries. so we have another profit of the second buy.

so we have 2 wins, 1 break even and i floating loss at hat moment. here we can take profit. so we end up with profit. ( or let all trades run for bigger profit) . lets go conservative and take proft.

can add up to 3 a 5 entries in a week per pair.

do you see it working. it can happen that price will go up and up and up. so it will take tp on the buys ,eventually it will retrace 20 pips and it will close or if it goes x times it will go for break even.

if someone wants to backtest and let your thoughts know. is it worthy to make a test Ea and build on it.

inputs Ea:

lotsize
grid size
max % loss

 

any thoughts

 

attached file is empty.

its an idea that can be worked out.