Op€n€ning Range Break out

MQL4 Experts

Job finished

Execution time 1 day
Feedback from employee
My first job with this guy. Very excellent customer !!! I am very pleased by this customer. I like to work with him again. Thank you again !!!
Feedback from customer
TOP MQL-Coder!!! 5*

Specification

Openening Range Breakout

configuration:
-The user can set the start time and end time for the breakout-range
-a rectangle will be drawn in this range too
-The user can set the trading times (e.g. 9:00 - 21:45), at the end time all positions will get closed
-only long, only short or both
-trailingstop: yes/no
-TP after 50% reached yes/no
-volume fix or % from acc balance

-Long Example of trading process (short will be vice versa):
The top of the opening range gets crossed and 2*x long positions will be opened (the user can configure x as the volume fix or % from account balance).
The stoploss will be placed at the bottom of the opening range and will be a trailing stoploss, which will be dragged by every new higher tick.
Take Profit is size of the range added to entry.
If the system has 2 positions opened and half of the range will be reached, one position will get closed. For the other position, the stoploss will be placed at entry price (break-even). In this case, the stoploss of the second position is no trailing stoploss. The second position will either reach the take-profit or will trigger the break-even stoploss.
Only one trade at the same time.
If there is an other breakout, it will be traded again.

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Project information

Budget
40- USD
Deadline
from 1 to 3 day(s)