All orders
Rules
Specification
I WANT AN EXPERT ADVISOR FOR A BREAKOUT STRATEGY
1. The EA must build a ZONE or RANGE based on a START HOUR and END HOUR. The ZONE is of course different for every day, so the ZONE should be restarted and calculated every time the EA finishes working or a new day begins. (This means the zone is not one forever, but changes every day).
PLEASE SEE GRAPH BELOW:
2. After the end hour of the zone, the EA must put PENDING ORDERS (BUY STOP and SELL STOP) in a level that is the maximum of the zone plus a specific number of pips.
(PLEASE SEE GRAPH ATTACHED FOR FULL UNDERSTANDING).
3. Take Profit should be a specific number of pips or a percentage of the zone (please include both options in the parameters). SEE GRAPH.
4. Stop Loss should be a specific number of pips or a percentage of the zone (please include both options in the parameters).
5. EA should have BREAK-EVEN and TRAILING STOP.
6. Should consider a MINIMUM and MAXIMUM size of the ZONE to put the pending orders.
7. EA should take into account a MAXIMUM SPREAD to put the pending orders.
8. EA should the OPTION of cancelling the Opposite Pending Order (that did not open) after the order DID open.
9. EA should open pending orders AGAIN every time the price CLOSES IN THE ZONE.
10. EA should have an option of a maximum number of executed orders PER DAY.
11. EA should have this option: “after a losing trade, OPEN NO MORE TRADES”.
12. Orders need an optional parameter of EXPIRATION DATE.
13. EA must have START and END HOUR to active and deactivate (so it won’t open new orders, but is able to handle those that are open).
14. Please include a PANEL IN THE CHART to see the parameters, and not having to open the EA each time to check them.
Thank you.