Specification
Hi i know this will be quick and easy for some people.
I need a script that does tthe following:
User Inputs:
Pair = user can input pairs , separated by "/" or a separator of your choosing
TimeFrame = WEEKLY
Breakout %
Stop Loss %
Account Risk per Trade (based on SL)
very simply,
For each PAIR in the PAIR range (user input)
Take Previous Week Candle (Candle[1]) High and Low Range
Place Buy Stop at Current Price + Breakout%(user input) x Candle[1] High Low Range, with SL of Stoploss%(user input) x Candle[1] High Low Range
Place Sell Stop at Current Price - Breakout%(user input) x Candle[1] High Low Range, with SL of Stoploss%(user input) x Candle[1] High Low Range
Order Size will be based off Account Size and the risk per trade (user input)
thats it...
for example
if GBPUSD was in the pair range
GBPUSD Weekly Candle [1] (previous candle) High Low Range is 200 pips
Breakout %(user input) is 30%
Stop Loss %(user input) is 20%
Account Risk % is 1%, assume current account size is $5000
then
Buystop will be CurrentPrice + 0.30x200, with a StopLoss of 0.20x200
Sellstop will be CurrentPrice - 0.30x200, with a StopLoss of 0.20x200
Order Size will be 1% of $5000 = $50 = the StopLoss (0.20x200) = 40 pips
easy?