Breakout Strategy EA

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
Best developer. Highly recommended. AAAAA++++

Specification

This is a breakout strategy. The main logic of the strategy is that the price will break the range and hit the take profit. The ea will draw line, buy line and sell line. If the price hit the buy line, the ea will open buy order, simultaneously opening a sell stop order equal to sell line with bigger lot and higher take profit. If the sell stop is hit, the first buy order will be modified to breakeven take profit with stop loss the same with the take profit of the sell order. The ea will also open a pending buy stop order on the price the same with the take profit of the first buy order, theoretically the same price the first buy order was opened . And the cycle will continue until the take profit is hit. If the profit is hit, all orders including open and pending orders on the same pair will be deleted. The ea will have time and day filter.


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Project information

Budget
30 - 100 USD
Deadline
from 3 to 7 day(s)