An Expert Advisor based on X-Days Breakout and Y-Days Breakdown for MT5

Value at Risk (VAR) - 2.0% of equity (set an option where it can be change from 1-5%)

Position Shrinking: Cut VAR by 20% if current equity level is down by 10%. (2% -> 1.8% -> 1.6% -> max cut to 1%)

Return additional 20% VAR if price rise by 10% from drawdown. (Max 2%)

Entry and Exit Condition

System 1: Entry on 20-Period Breakout (Close above Highest High on previous 20-Period) and Exit on 10-Period Breakdown (Close below Lowest Low on 10-Period)

System 2: Entry on 55-Period Breakout (Close above Highest High on previous 55-Period) and Exit on 20-Period Breakdown (Close below Lowest Low on 20-Period)

Entry restriction:

- Default System is System 1

- If previous Signal provide by System 1 is win, do not enter in current signal. But (upon not entering in current signal) If Price keeps on trending, shift to System 2.

- Upon close of position of System 2, reset to System 1

initial Stoploss (SL)

- 2-ATR from Close

Position Sizing

= Amount at Risk/SL

(considering $1K account with

VAR of 2% = $20, with ATR = 40,

Amount at Risk = 20; SL = 80

Position Size = 0.25)

Scailing UP

- If price move by 1ATR, add another position (consider 2-ATR for calculation of position size).

And move all Stoploss level to New Stoploss.

Maximum number of scaling up = 5

These are for long condition.

Please provide short condition too (considering vice versa).

Please provide source code.