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Hi Lo Breakout Free

A system with steady ROI > 10% a month like clockwork! 

Hi Lo Breakout strategy opens and closes trades based on the time of day in relation to the highs and lows of both yesturday and today. It will then trade out these prices using the trade management settings within user inputs.   

For best results see .set file at comment no2.


FEATURES

  • A purely mechanical system. Simply set and leave.
  • No martingale or grid.   
  • Risks are small per trade.  
  • An optional automatic lot adjustment feature that adjusts lot size to account balance.   

SETTINGS

  • Magic Number - Our magic number unique to this EA.
  • Slippage - Stops any trade openning if price is too far away from the price of order.       
  • Lot Size - Lot size in points. 
  • Maximum Spread - Only allows trades when spread is less than.   
  • Stop Loss - Sets size of stop loss in points.
  • Take Profit - Sets size of take profit in points.
  • Trailing Stop  -  Sets size of trailing stop in points.
  • Minimum Profit To Trailing Stop - Sets profit in points required to activate trailing stop.
  • Minimum Profit To Break Even - Sets profit in points required to activate break even. If 0 breakeven isnt activated.
  • Minimum Profit To Lock In At Breakeven - Sets profit we lock in at break even.   
  • Money Management - True, adjusts lot size depending on trade capital. False, uses fixed lot. 
  • Risk Percentage - Percentage we risk per trade if money management is true. 
  • Start Hour - Sets the starting hour we allow our EA to look for trades.
  • End Hour - Sets when we want to stop our EA looking for trades.

I encourage use of free trial!

Recommended Brokers :
Pepperstone ECN   
IC Markets

I am always open to any feedback, I will try to answer any questions as quickly as possible!


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Versão 1.2 2020.11.11
1) Modified strategy to time of day system where the pendng orders are moved depending on if orders are made or not

2) Fixed an unrealised problem where converted spread was fixed at 100000 meaning it would only work for eurusd and no other market.

Line 575 Changed (100000 * _Point) to (conv * _Point)

Also i organised the spread conversion section it was jumbled up. Also my other trading systems need this fixed also.