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Need EA with Breakout Strategy

MQL4 Experts

Termos de Referência

The strategy to be implemented is Breakout strategy. Steps
1. Identify Prominent High / Lowest low (Resistance/Support) in H1 time frame. This is the IDENTIFIED BREAKOUT POINT henceforth we call it as BP.
2. Place a Limit trade 5 to 10 pips (Configurable) below/above the BP. Takeprofit should be the BP.
3. When trade passes thru LIMIT and touches BP, place a trailing take profit. Here stop loss should be the BP.
4. When trade comes below BP close trade.
5. Else trade proceeds in profit trail the TP by 2 PIPS. On trailing, Stop loss should be modified to every 2 pips.
6. If trade retraces at Point 4, place a reversal trade at 10 PIPS (Configurable) below Limit Trade placed at POINT 2. Take profit should be trailing by 2 PIPS. And Stop Loss will be modified by 2 PIPS.
7. Once profit was made again look for BP. Repeat Point 1 to 6.
8. No of PIPS(5 or 10) for LIMIT Trade, trailing TP and SL are configurable as Set File.
9. Whatever may be the Leverage, Assume leverage is only 1:100 (Configurable as True/False) and accordingly lot size should be calculated (AutoLot). Option to set manual lot size also.
10. Percentage of margin to be used(like 10% .....100%) be a configurable setting.

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