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Execution time 9 hours
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simple Breakout box strategy that can be determine by time - start and end for determine the box (can download for free mt5 indicator in the market and base the EA on it). enter a trade after the box is created -
with the following parameters (1-5 can be found in the indicator -just need to integrate it into the EA if its easier for the developer)
(* Able to use it on all timeframes)
1 - start and end Hour and minutes
2 - end session
3 - offset in pips
4 - buy/sell signals
5 - alerts
additional parameters for the EA
6- enter amount by lot size
7- take profit in pips + spread (if my target is 40 pips and the spread is 2 so the TP will be 42)
8 -SL in pips ( SL + Spread)
9- TS in pips (with true / false if no need to use)
10- Set BE after X pips
11 - 2nd entry option above / below the BOX in case candle close in the BOX
additional indicator for confirmation - (with option to add in the future more indicators for confirmation)-
Relative Equilibrium Index- REI indicator (can be found free in MT5 market) with its parameters
(enter above X value for BUY, enter below X value for SELL) with TRUE / FALSE to decide if to use it or not.
https://www.mql5.com/en/market/product/60042?source=Site+Market+MT5+Free+Search+Rating006%3aREI
breakout indicator -
https://www.mql5.com/en/market/product/495?source=Site+Market+MT5+Search+Rating006%3atime+breakout
Screenshot as example on 15m TF
https://charts.mql5.com/32/72/usdjpy-m15-pepperstone-markets-kenya.png
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