FreelanceSections

Breakout Strategy EA

MQL5 Experts

Job finished

Execution time 1 day
Feedback from customer
Tanki was good to work with, he is friendly, provided all the support needed and completed the job within the time limit.
Feedback from employee
Thank you for trusting me to automating your strategy. I really appreciate working with you - to the future👌.

Specification

Want to create a simple EA for a breakout strategy for XAUUSD on MT5.

Every day cancel all pending orders and set buy/sell pending order at the previous day high/low (skip buy order if price opens above previous day high and skip sell order if price opens below previous day low).

After London session close, set buy/sell pending order at London session high/low (skip buy order if price is above London session high and skip sell order if price is below London session low).

All orders will have 400 points tp (configurable) and 400 points sl (configurable) (i.e. 4USD on the XAUUSD CHART).

Trailing Stop 100 points (configurable) after price reach breackeven+commissions .

Lot size configurable as % of balance, use 2% for beginning.

Timeframe not relevant since this should be timebased (work without differences on any TF).

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Project information

Budget
30+ USD