EA based on daily breakout

MQL4 Experts

Job finished

Execution time 12 days
Feedback from customer
This is my first time I ordered EA job through this website. I am pleased with Eric He work. He finished the job within the agreed timeframe and according to my requirements.

Specification

Hi 

Basically this EA will place 2 trades at 00:00 GMT. Buy stop order above the previous day high and sell stop order below previous day low. For long scenario:  when price breaks previous day high then the buy order is triggered. The SL for long becomes the short entry order. When price touches 1st target, EA closes half of the position and moves SL to BE. If it continues to TP 2 then we cancel the sell order at the SL. However, the sell order below the low of previous day is still open until the end of the day. If price fails to reach TP2 or touches TPI but then reverses to the other side, the sell order is still valid. However, EA won't place any trades if the range between previous day high and low is more than ATR (14).

There are still some other details for the EA but the above explanation is basically the main point. (I don't know whether this will help but I have this free EA from a trading forum but it still have some bugs). 


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Project information

Budget
50 - 100 USD
Deadline
to 10 day(s)