This good an H1 timeframe. This EA will execute at the new bar if the last bar has broken through the point that we set.
Breaking calculation is indicated by first bar of open day position with BreakPoint value that set in parameters.
Strategy conditions are:
Example of BUY when break point.
When we set BreakPoint to 20 and open day position is 0.6924, the BUY position should open if the last bar breaks through [Open Day Point + BreakPoint] which equals 0.6944. Check the screenshot below.
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.