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i need an ea which will work on breakout and pullback rules .
First the EA will have the option for break out candles , say if its 10 ea will check the highest and lowest price for last 10 candles and make lines on chart at those points . break out candles settings will be edit able .
Say ea breaks out from from top , there will be setting for break out pips to check how much pips ea went above after breaking out , if break out pips settings is 5 pips the break out will be valid i price goes minimum 5 pips above after breaking out . if no this won,t be considered as a break out . break out pips setting will also be editable .
after a valid break out to top ea will place a buy limit at the break out level , so when price pulls back ea to that point buy limit will be opened . buy limit will also have a setting called order pips , if its set to 0 ea place the order right at the point where price broke through , if its set to 3 ea will place the order 3 pips above the break point so at pullback order will be opened earlier .
same way the the sell limits will be placed when price breaks and comes down and traces back to break out point .
every pending order will have expiry settings , so if set to 5 the order will be deleted after 5 hours .
add sl ,tp ,trail options and use STEALTH MODE --OPTION TO HIDE ENTRY PRICE, STOP LOSS AND TAKE PROFIT. ALL INFORMATION TO BE HIDDEN FROM BROKER. NO INFO ON CHART but ea will only show lines at break out level , sl and tp level .
here is an example ...
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