Specification
Create an automatic trading robot based on the Breakouts trading strategy but only take a buy trade when the confirmation signal is a bearish candlestick with a lower wick over 60% the length of the candlestick with a small or no upper wick and sell positions when the upper wick is over 60% the length of the candlestick with a small or no lower wick. Enter buy/sell at the opening of the next candlestick after the confirmation candlestick with a stop loss placed 5pips below the lowest price of the confirmation candlestick. Close positions by using a trailing stop loss of 5pips after price moves above the 5pips from the entry price. Lot sizes adjustable from 0.01 to 200. Time frames are 1M and 5M only.
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