EA26

MQL4 Experts Other

Specification

 

 I want to finish this EA because I know it works very well in trending markets and possibly inside markets too, the only way to know is by doing it.

30 minutes time frame/  when market breaks out support or resistance follow this 4 rules as in the sample picture of the attachment 

  Rules

 1. Breakout candle must break pivot point and support or resistance and be minimum 10 pips candle body size to take that trade.

 2  Only take trades when it brakes the central pivot point.

 3. if it goes long the rsi must be above 50 and if it goes short the rsi must be below 50

 4. do a Fibonacci retracement that extends to from the breaking point to the last support or resistance and go for 1/1 ratio with a trailing stop of 15 pips and ONCE it gets to 201 extension close 80% of the trade and let the market decide with 0 risk after my trailing stop is in +5 FROM THE ENTRY POINT and and  20% of the trade is  STILL IN THE MARKET


   THANKS FOR YOUR PATIENCE AND DEDICATION.

Files:

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EURUSDM30.png
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Budget
10 - 30 USD
For the developer
9 - 27 USD
Deadline
from 1 to 5 day(s)