Experts: Breakout Strategy with Prop Firm Helper Functions

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Breakout Strategy with Prop Firm Helper Functions:

This is an update of the "Simple Yet Effective Breakout Strategy". In this code, I have added some helper functions for prop firm challenges.

Author: Anh Quan Duong

 
Very helpful for anyone who wants to pass prop firm challenges. Thank you!
 
Very helpful. Thanks man :)
 
Thank you very much for sharing.
 
Thank you Anh , Much appreciated, I don't Prop trade but am excited to add this to my risk management toolkit . 
 

getting these errors please advise.

'trade.mq5' trade.mq5 1 1

'trade' - undeclared identifier trade.mq5 14 10

'trade' - undeclared identifier trade.mq5 21 7

'PASS_CRITERIA' - undeclared identifier trade.mq5 28 47

'DAILY_LOSS_LIMIT' - undeclared identifier trade.mq5 71 47

4 errors, 0 warnings 5 1


 
Works well, and great for adding filters to. Thank you for this!
 
I performed the backtest, however, it is working on EURUSD only, and the 1-month backtest result is good, however, testing for more than 1 month gives a negative result. Please explain, the pass criteria value is 110100 and the Daily loss limit is 4500 (it is dollar value or something else) what do Entry Period 20 and Entry Shift 1 mean? Please help explain the above confusion so that it can be used more confidently.
 
this code can be better: instead of getting scared and closing trades figure out average profit per trade and average loss per trade if next trade can result in going over drawdown no more trades for the day.
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