New EA (needs help) - Price Channel Breakout

 

Please find attached indicator and EA.

Original thread for this system located here:

https://www.mql5.com/en/forum/176710

This system trades a breakout (on the close) of the previous bar's highest high / lowest low readings over n-periods.

Profitable and robust over all major pairs testing a number of profit/risk and lookback settings as tested by Metastock and Amibroker platforms.

I attempted to create the EA using Expert Advisor Builder, but it does nothing.

Not being a programmer I'm pretty clueless about the problem.

If someone would like to have a go at this it would be much appreciated.

Thanks in advance,

WNW

 

the EA is placing lots of trades in backtesting, but not winning very many of them. what exactly are you looking to change in the EA (besides winning more trades)?

 

Thanks for your response.

As I stated, I couldn't get it to operate at all.

It should place trades at the close of a complete bar, not as the close is moving.