High/Low Breakout Scalper - page 2

 
scorpion:
Yes. Gimme the mod here. I'll take a look at it.

ok here is how i like to trade it

buy or sel after x pips breakout then after x pips of profit move stoploss to x pips of profit to lock in profit and start trailing from here with x pips and close at end of bar

thanks scorpion

gr leon

 

and scorpion can you put in an magic number of somekind that makes it possible to trade same currency pair in different timeframes

thanks leon

 

hi scorpion are you working on this ea ?

gr. leon

 

May be I can help a little check This one u can have a better view based on 10 p 3 modified ajusted fixed that what jacob claim.

 

hi thank for your replay and could you plese explain me what all variables mean that would realy great

 

i cant get it to trade in back testing. it looks like it wont set any buy orders

 
leon:
hi scorpion are you working on this ea ? gr. leon

Scorpion is current busy working with other misc. stuff, sadly he is the only coder around here that is willing to help. Be patient and hopefully he'll get to you

 

Lots = 0.10; We start with this lots number, 0.01 for micro accounts and 0.1 for mini and normal accounts

StopLoss = 100; StopLoss

TakeProfit = 10.00; Profit Goal for orders opened

TrailingStop = 5.00; Pips to trail the StopLoss

MaxTrades = 5; Maximum number of orders to open

Pips = 2; Distance in Pips from one order to another

SecureProfit = 10; SecureProtection subsystem will start working

AccountProtection = 1; expert will protect the account


OrderstoProtect = 3; Number of orders to enable the account protection

ReverseCondition = 0; if one the desition to go long/short will be reversed

EURUSDPipValue = 10;

GBPUSDPipValue = 10;

USDCHFPipValue = 7.94;

USDJPYPipValue = 9.03;

mm = 0; if one the lots size will increase based on account size

risk = 12; risk to calculate the lots size (only if mm is enabled)

AccountisNormal = 0; Cero if account is mini/micro

TimeZoneofData = 0; Time zone to calculate the pivots (16)

 

Scorpion:

Order lifetime = 5 minutes???

Does this mean that if a long or short position is opened it will be closed in five minutes regardless if if the TP or SL is hit?

 

Hi, yes it'll close regardless of TP or SL. Set to 0 it'll live until TP/SL is hit or the price breaks out the other side.