Creating Breakout EA based on certain condtions

BREAKOUT EA

STRATEGY 1:

Buy:     1. Place stop or limit order parallel to the previous 33 candles (or previous day high) highest peak. If buy stop not executes till  End time for Buy Sell Stop Orders it will discard automatically

            2. When first trade executed and sold then place  buy stop at peak of highest candle in daily chart (current day) and so on.

Sell:     1. Place stop or limit order parallel to the previous 33 candles (or previous day low) lowest bottom. If sell stop not executes till  End time for Buy Sell Stop Orders it will discard automatically

            2. When first trade executed and sold then sell stop at bottom of lowest candle in daily chart (current day) and so on.

STRATEGY 2:

Buy:

1. Place stop or limit order at start of every hourly candle 1 or 2 or 3 and so on and after an hour previous candle will discarded(if not execute) based on last    No of candle used=33 candles high

Sell:

1. Place  stop or limit order at start of every hourly candle 1 or 2 or 3 and so on and after an hour previous candle will discarded(if not execute) based on last   No of candle used=33 candles low

STRATEGY 3:      (Reverse trade=on/off)

Buy:  By counting last (previous) No of candle used= 33 sell candles points distance from current point (distance from lowest to current position)

a.    Exceeding 1000 points

b.    At least one candle distance be 200 points (in last 33 candles)

c.    Place order when reversal (buy) of 100 points occurred in current candle (open to close) (local variable)

d.    Show these three conditions on screen

e.    For second trade when previous trade losing 300 points take trade(local variable)

6. Step(0 value for false)=300 points(Martingale steps and third step will be 350 and fourth  400 and so on by some percent ratio)
7.  Maximum steps=4 Lot Multiplier=1.5  (local variable)

Sell: By counting last (previous) No of candle used= 33 buy candles points distance from current point.

a.    Exceeding 1000 points distance.

b.    At least one candle distance be 200 points.  (Local variable)

c.    Place order when reversal (sell) of 100 points occurred in current candle (close to open) (local variable)

d.    Show these three conditions on screen

e.    For second trade when previous trade losing 300 points take trade 

6. Step(0 value for false)=300 points(Martingale steps and third step will be 350 and fourth  400 and so on by some percent ratio)
7.  Maximum steps=4 Lot Multiplier=1.5

  General setting: (Global Setting)

• Slippage= 30
• Spread=30
• Buy Trades=True
• Sell Trades=True
• Timeframe = H1(M1,M5,M30,4H and so on)
• Strategy 1 checkbox
• Strategy 2 checkbox
• Strategy 3 checkbox

Trade setting

           (Use it different for each STRATEGY) (Local Setting)

• Magic Number = 1,2 and 3
• Start time(HH:MM)= 10:00
• No of candle used= 33
• Pending order GAP=6(for strategy 1&2)
• Reverse trade=false
• End time for Buy Sell Stop Orders= 18:00
• End Time(HH:MM) =  21:00 - End Hour(close all running trades)
• Lots = 0.01
• Number of trades per time=1
• Step= true
• Maximum steps=4
• Lot Multiplier=1.5(lot multiplied if  Step is true and activates when hit SL should wait for next conditions to fulfil)
• In strategy (1&2) when SL hit next trade will be multiplied with value of lot multiplier.
• Stop Loss = 200 points (valid for strategy 1&2)
• Take Profit = 1000 points

Trailing Setting=True (Added 3 Trailing Stop Profit)

• Break-even = true - Enable/Disable Break Even
• LockFirstProfitinPips =    200 - Lock First Profit in Points to safe the trade
• LockFirstProfitPercent = 50 - % of Lot size to be lock to safe the trade
• Lock2ndPrfit=True
• Lock2ndProfitinPips     = 500 - Lock First Profit in Points to safe the trade
• Lock2ndProfitPercent  = 50 - % of Lot size to be lock to safe the trade
• Lock3rdPrfit=True
• Lock3rdProfitinPips    =1000 - Lock First Profit in Points to safe the trade
• Lock3rdProfitPercent  = 50 - % of Lot size to be lock to safe the trade