Forex Wiki Trading > Expert Advisor > BreakOut

BreakOut

  • December 13, 2013
  • Posted by: Forex Wiki Team
  • Category: Expert Advisor
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BreakOut
Author: basisforex (2013.05.21 11:10)
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BreakOut 1
 Breakout-04.mq4 (5.2 Kb) View

BreakOut 2

 

On Monday the EA is opening position only after MondayHour.

On Friday  the EA is opening position only before FridayHour.

You can switch off the TrailingStop by putting 0 (zero) to this Input parameters.

BreakOut 3

 

 
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Just thinking out loud. Since every pair has a different open time wouldn't it be helpful to have a list of the Open time for each pair based on GMT with in the EA. One day for one pair Beginning to end is different for another pair. If you are doing a Break out EA starting in the middle of the day it may not be nearly as profitable as one that begins and ends when the pair actually opens and closes.

 

--- What do you think?

 

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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