Breakout EA based on previous candle high low

MQL5 Experts

Specification

Need EA in MT4 with full code - 


1) Candle Breakout EA works once per bar

2) Trading Start Time and Trading End time is required to input from User side.

3) EA works with the previous candle's low and high prices. It simply opens a buy trade if the current price breaks the previous candle's high price; it opens a sell trade if the current price breaks the previous candle's low price.

If Previous candle high is broken -> Enter Buy

If Previous candle low is broken --> Enter Sell


Entry only once in trade when condition triggers. That is, if a BUY order is placed on breakout of previous candle then if next bar is also higher than previous bar then no another trade is placed. Next trade will be placed only of low of candle is broken. So trade will not be placed at every candle . Trades will be placed only if low of candle is broken or vice versa.


4) EA will reverse the trade and close previous position as it enters trade in opposite direction as per above mentioned logic.

5) Take Profit: User can enter in pips the target amount. An option to enable Take profit should be there in boolean true or false. If it is True then EA will book profit and stop and wait for oposite side condition to trigger.

6) Profit Target limit in dollars --> if filled profit target is reached the EA will stop trading.

7) Option to enable disable Trade days. (Trade on Monday/Tuesday/Wed/Thrusday/friday --> True/False)

8) Alert with sound is required also with arrows.

9) Lot size input is required.



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Project information

Budget
30 - 40 USD
For the developer
27 - 36 USD
Deadline
from 1 to 5 day(s)