Ea Breakout
requirements ( Mr F.Williams)
Breakout system in one direction only.
Up to 8 Lots or Mini or Micro lots.
For all time frames
Only 1 trade allowed on chart at a time.
Indicators
Macd (Adjustable Levels)
Adx (Adjustable Levels)
Fisher Yurdic (Adjustable Levels)
Williams %b (Adjustable Levels)
Last 6 candles (adjustable) High and lows calculated.
Between Start time and end times (adjustable)
Pip Spread must be within an adjustable range.
Adjustable Take profit target and Stop loss amount.
OCO.
Breakeven after xx
amount of pips.
Trailing stop after xx amount of pips.
Trailing Stop Step sxx amount of pips.
Take profits in % steps eg 25% - 50% - 75%
Direction of
trades.
With Trend if all indicators agree.
Against trend if all indicators but NOT the long term Macd agree.
Be able to Add the total profits of a basket of Pairs. When Total is reached to
cancel all orders simultaneously.
Work with 4 or 5 digit Brokers.
Work with ECN Brokers.
STRATEGY
Open one Limit order Trend trade at a given time
and given amount(lots) and given level
IF Macd, Adx , Fisher
Yurdic, and Williams %b all agree.
Or
Open one Limit order Reversal trade at the given time and given amount
(lots) and given level.
IF Adx , Fisher Yurdic, Williams %b all agree.
(Trend trade xx lots Reversal lots
minus 50% of trend trade xx lots)
(Entry Level High or Low of last 1 to 10 bars on a given adjustable GMT time}
Stop Lose to be adjustable.
Take Profit to be adjustable.
Move Stop lose to break even plus the spread after xx pips.
Move Stop lose xx pips above the entry /
breakeven level after xx pips has been reached and take xx percentage profit of the lot size . (This to be done on 2 more
occasions until 75% has been removed)
I thinks this is correct but if you can
improve this please let me Know.
Thanks
Mr Williams
tony10000@gmail.com
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