Simple EA for London Breakout Strategy: Using highs & lows of candles to place Buy and Sell Stops

İş tamamlandı

Tamamlanma süresi: 3 saat
Geliştirici tarafından geri bildirim
Honeggeral is a great customer and i hope we work together soon
Müşteri tarafından geri bildirim
Awesome Job! Met all expectations!

Şartname

Simple EA for London Breakout Strategy:

I have tested this strategy and it has proven to be pretty successful.

For a certain pair compare the highs and lows of the 7, 8, and 9 Candles when they close. Then based on some simple guidelines, when the 10 candle closes we will put in buy and sell stops.  For instance:

When comparing the 7, 8, and 9 candle close, the 8 candle had the highest out of the three (1.30905) and 9 had the lowest (1.30753).

Opening the BUY/SELL Stop:

1) If the high and Low subtracted is less than 31 pips we will put a buy/sell stop. If it exceeds 31 no trades will executed. For the charts high and lows it comes out to 15.2 pips, so we will place orders. This number is also used as our "risk" number.

2) Calculate the high and low of candle 10.

3) For the Buy stop place the entry price 13 pips above the candle 10 high, with a 30 pip take profit (total of 43 pip movement upward from candle high). Set SL to 15.2 pips from candle high and have the order expire at 14:00.

3) For the Sell stop place the entry price 13 pips below the candle 10 low, with a 30 pip take profit (total of 43 pip movement downward from candle low). Set SL to 15.2 pips from candle low and have the order expire at 14.00.

And that's it! Below is example of lines where entry, tp, and SL would be. Let me know if you have any questions.


Yanıtlandı

1
Geliştirici 1
Derecelendirme
(414)
Projeler
670
33%
Arabuluculuk
60
17% / 32%
Süresi dolmuş
113
17%
Çalışıyor
2
Geliştirici 2
Derecelendirme
(365)
Projeler
412
36%
Arabuluculuk
35
26% / 57%
Süresi dolmuş
63
15%
Serbest
3
Geliştirici 3
Derecelendirme
(430)
Projeler
606
55%
Arabuluculuk
48
23% / 56%
Süresi dolmuş
176
29%
Serbest
4
Geliştirici 4
Derecelendirme
(618)
Projeler
1429
59%
Arabuluculuk
31
81% / 0%
Süresi dolmuş
10
1%
Serbest
Benzer siparişler
We are looking for an expert algorithmic trading developer to build a high-performance, fully automated Custom Expert Advisor (EA) or trading bot. The bot must integrate advanced Smart Money Concepts (SMC) , Inner Circle Trader (ICT) methodologies, and Volume Spread Analysis (VSA) with a high-frequency trading (HFT) style execution and scaling model. The core objective is to program a bot that identifies
Requirements Specification Here is an example of Requirements Specification for the development of the MACD Sample Expert Advisor, which is available in the MetaTrader 5 standard package. 1. The idea of the trading system is as follows : market entries are performed when MACD's main and signal lines intersect in the current trend direction . 2. Trend is determined based on the Exponential Moving Average with
Hello, I want a simple bot for NinjaTrader8. I need a bot that operates automatically on Nasdaq (NQ/MNQ). Requirements: open buys and sells following a simple trend strategy, configurable stop loss and take profit, risk per trade of 1 to 2% of capital, if it loses 3% in a day, stop trading until the next day. Compatible with backtesting, delivery of the source code and the working bot in NinjaTrader 8. My initial
I NEED ONE MILLON TESTED STATERGIES YOUR DUTY IS TO RUN ONE MILLION DIFFERENT SCENARIOS AND FIND ME AN ALPHA AND TESTED ON OVER ALL TYPES OF ASSESTS SO THATS IT THERE IS ANYONE WHO CAN ABLE TO DO THIS JOBB
I have a High-Frequency Trading (HFT) Expert Advisor for both MT4 and MT5 designed primarily for US30 (Dow Jones Index) . The EA performs consistently and profitably on demo accounts, but when I run it on an IC Markets Raw or Standard live account, it starts generating losses under what appear to be the same trading conditions. At this time, I cannot provide the source code (.mq4/.mq5). I can only provide the
I am looking for an experienced MQL5 developer to build a high-frequency (HFT) latency arbitrage Expert Advisor for Pepperstone MT5 , using LMAX as the leading price feed. The initial focus will be on US30 (Dow Jones) , and if the strategy proves successful, I want the EA to be easily expandable to additional symbols such as NAS100, GER40, XAUUSD, major forex pairs, and other supported instruments. The EA should

Proje bilgisi

Bütçe
30 - 50 USD