Breakout Indicator with customisable box

MQL4 Indicators

Specification

This is similar to a breakout box indicator.

 

I want to be able to select the timeframe bar for the breakout. For example, I can select a 30 minute bar at 0800GMT, or a 60 minute bar at 0900GMT, or a 240 minute bar at 0400GMT etc.. This means that I choose the size and time of the "box" to breakout from. I can also choose the end time for the box.

 

This bar or time period that I have selected will be the "box" and will be highlighted on my chart. I will Buy or Sell on the breakout of the "box", and my stop loss will be the "box" high or low.

 

I want display of statistics for what is the the maximum pips i would be able to get after the breakout till the end of day. (This would be even better if I can choose the End time, meaning it does not have to be end of the day, it can be end of the next day, end of the week, end of 40 hours etc..


I also want display of stats for the PAST 15 DAYS if it is possible, using this "box" breakout, what is the max pips I will get, and which trades resulted in my stop loss hit. NOT AN EA, I just want to see the stats.

 

I give an example.

My box breakout I choose would be the first 4 hours of the day. Indicator will draw a box, and I will trade the breakout, either buy of sell.

Let's say the box high and low is 1.3200 to 1.3250. if price breaks up, I buy, with stop loss at the low. Exit the trade at the end time that I choose (indicator would be able to change). For this example, I choose the end time at the end of the day at 2359GMT. Let's say the price at the end of the day is 1.3300, and the high of the day was 13320. So I exit, and I have a profitable trade of 50 pips, and the maximum number of pips I would be able to get will be 70 pips (from the high 1.3320 minus my entry point at the breakout 1.3250.) This is the stats I am looking for, and also a lookback of 10-15 days if possible.

Hope my explanation is not difficult to understand. if affordable and good work, ill consider an EA too.

 


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For the developer
27 - 72 USD