EA Daily Breakout

MQL5 Experts

Job finished

Execution time 23 days

Specification

Here's a daily breakout strategy that involves placing two pending orders based on the previous day’s opening and closing prices.

The strategy includes buying when the high closing price is crossed with a trailing stop and selling when the low closing price is crossed.


Strategy Overview:


Pending Orders:
Buy pending order at the previous day's closing price (when the price crosses above the high of the closing price).

Sell pending order at the previous day's closing price (when the price crosses below the low of the closing price).


Trailing Stop:

A trailing stop will be applied to the buy order, and a fixed stop loss for the sell order can also be applied.


Steps for the Strategy:
Retrieve the previous day’s open, close, high, and low prices.
Place a buy pending order just above the previous day’s closing price and high.
Place a sell pending order just below the previous day’s closing price and low.
Apply a trailing stop for the buy order, following the price as it moves in Favor of the trade.

Trigger the orders when the price crosses the respective levels.



Responded

1
Developer 1
Rating
(253)
Projects
316
29%
Arbitration
34
26% / 65%
Overdue
10
3%
Free
2
Developer 2
Rating
(378)
Projects
486
24%
Arbitration
59
54% / 25%
Overdue
55
11%
Loaded
3
Developer 3
Rating
(68)
Projects
125
40%
Arbitration
17
47% / 53%
Overdue
32
26%
Working
4
Developer 4
Rating
(50)
Projects
64
20%
Arbitration
11
27% / 55%
Overdue
5
8%
Free
5
Developer 5
Rating
(60)
Projects
87
29%
Arbitration
24
13% / 58%
Overdue
7
8%
Working
6
Developer 6
Rating
(432)
Projects
632
53%
Arbitration
32
53% / 22%
Overdue
6
1%
Loaded
7
Developer 7
Rating
(43)
Projects
62
23%
Arbitration
8
25% / 38%
Overdue
10
16%
Working
8
Developer 8
Rating
(101)
Projects
122
24%
Arbitration
21
29% / 52%
Overdue
8
7%
Working
9
Developer 9
Rating
(156)
Projects
194
58%
Arbitration
10
80% / 0%
Overdue
0
Working
Published: 1 code
10
Developer 10
Rating
(30)
Projects
37
54%
Arbitration
2
50% / 50%
Overdue
3
8%
Free
11
Developer 11
Rating
(2315)
Projects
2914
63%
Arbitration
124
44% / 25%
Overdue
429
15%
Loaded
12
Developer 12
Rating
(444)
Projects
701
34%
Arbitration
34
71% / 9%
Overdue
22
3%
Free
13
Developer 13
Rating
(366)
Projects
414
55%
Arbitration
12
50% / 42%
Overdue
1
0%
Free
14
Developer 14
Rating
(307)
Projects
312
70%
Arbitration
2
100% / 0%
Overdue
0
Free
Published: 1 code
15
Developer 15
Rating
(70)
Projects
91
25%
Arbitration
26
19% / 54%
Overdue
25
27%
Free
16
Developer 16
Rating
(206)
Projects
333
35%
Arbitration
66
12% / 58%
Overdue
87
26%
Free
17
Developer 17
Rating
(33)
Projects
35
20%
Arbitration
5
40% / 40%
Overdue
0
Free
Published: 1 code
18
Developer 18
Rating
(618)
Projects
1428
59%
Arbitration
31
81% / 0%
Overdue
10
1%
Free
19
Developer 19
Rating
(1156)
Projects
1462
63%
Arbitration
21
57% / 10%
Overdue
43
3%
Free
20
Developer 20
Rating
(162)
Projects
287
34%
Arbitration
18
22% / 61%
Overdue
42
15%
Working
21
Developer 21
Rating
(360)
Projects
432
54%
Arbitration
20
55% / 15%
Overdue
29
7%
Working
22
Developer 22
Rating
(17)
Projects
23
39%
Arbitration
6
33% / 50%
Overdue
0
Free
23
Developer 23
Rating
(14)
Projects
20
25%
Arbitration
0
Overdue
2
10%
Free
Published: 3 codes
24
Developer 24
Rating
(511)
Projects
549
53%
Arbitration
13
69% / 15%
Overdue
3
1%
Free
25
Developer 25
Rating
(560)
Projects
648
33%
Arbitration
41
41% / 46%
Overdue
11
2%
Busy
26
Developer 26
Rating
(77)
Projects
243
74%
Arbitration
7
100% / 0%
Overdue
1
0%
Free
Published: 1 article
27
Developer 27
Rating
(442)
Projects
570
37%
Arbitration
106
39% / 33%
Overdue
17
3%
Free
28
Developer 28
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
29
Developer 29
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
30
Developer 30
Rating
(2652)
Projects
3369
68%
Arbitration
77
48% / 14%
Overdue
342
10%
Free
Published: 1 code
31
Developer 31
Rating
(52)
Projects
67
43%
Arbitration
8
0% / 100%
Overdue
3
4%
Free
32
Developer 32
Rating
(45)
Projects
91
13%
Arbitration
34
26% / 59%
Overdue
37
41%
Free
33
Developer 33
Rating
(69)
Projects
146
34%
Arbitration
13
8% / 62%
Overdue
26
18%
Free
Published: 6 codes
34
Developer 34
Rating
(1)
Projects
1
0%
Arbitration
1
0% / 100%
Overdue
0
Free
Similar orders
This is yakubu Jnr trading bots I create the trading robots to help my self and others traders to be successful please you can join my live trading bots or subscribe to my trading robots
Nyasco 90+ USD
Fast trading bot for starters less losses which leads to bigger profits made for thousands of people making billions of dollars .be the best trader for your self all the way
Nyasco 30+ USD
Faster robot with less losses which can be used for a long term earning money every day creating a bot for more than thousands of people to earn billions of money
Max amount grid 30+ USD
max amount grid step for magic number do keep deleting .only when it is in negative floating .but when it is profit allow to go over the max and replays to grid step
Apply with a screen of your work . Symbol Specific Logic . Live Chart Optimization Check the Core logic . [back tests as well] Change points to pips . Create buffer for the zone
I will pay 3000+ USD (negotiable) for an EA for existing MT5 that generates a minimum of 15-20% or higher a month consistently (provide source code after final deal) Looking for a highly profitable EA Please send demo version directly subject (Buying profitable EA Budget up to $ 3000 USD), past results and optimal settings so I can test, if it performs in a strategy tester i will also need option to forward test it
EA fx 30+ USD
Hello, I need an already developed EA similar to the one trading XAUUSD, with consistent entries and good risk management. Before we proceed, I would like to verify its performance. Please provide a live or demo account login along with the investor (read-only) password so I can monitor the trading results. I am looking for stable performance, controlled drawdown, and consistent profit on gold (XAUUSD). Once I
The strategy records the highest and lowest prices within a specified duration (default 15 minutes) after the New York market opens, forming the opening range. Post-Formation Breakout: When the price breaks above or below the opening range after its formation, it may indicate the direction of the day’s price movement. Trend Confirmation: The strategy uses two EMAs (default 20-period and 50-period) as trend filters to
Tengo una estrategia basada en divergencia para el oro sobre todo en tf m1 Basado en divergencia con stoch .. confirmando la entrada con ciertos parameteos de entrada Es mejor conversarlo para dar mejor los detalles Cuando entrar, porque o todas las divergencias se debe tomar para entrar en compras o ventas He adjuntado un ejemplo La confrmacion más exacta es el cruce de esos parámetros de stoch edebajo de level de

Project information

Budget
30 - 100 USD
Deadline
to 15 day(s)