Simple range breakout and reversal EA

Job finished

Execution time 22 hours
Feedback from customer
Perfectly executed and great communication!
Feedback from employee
Straightforward and friendly. Great client and easy to work with.

Specification

Dear developers


I would like to order a rather simple intraday strategy that will be running on 5m.

The logic is as follows:

1. Create a range between two time variables, time1 and time2 (example 01.00 to 08.00)

2. if there is a close above the range, go short. If close below range, go long.

3. Weekday filter. One for longs and one for shorts. (example, no shorts on Mondays)

4. Ability to filter ranges based on range size (size > X and size < Y)

4. Customizable exit times for shorts and longs (for example 19.00 for longs and 17.30 for shorts)

5. Possible to set either trailing stops or regular stops, separate for longs and shorts.

6. One trade per day only. For example if a long trade has been entered, no more longs or shorts for that day.

7. One variable for position size.


It would also be nice if the range and trades could be marked on the chart.


Thank you for your time!


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Project information

Budget
30+ USD