Breakout EA

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AZTrades

Subscriber, bbp_participant, community, 1 replies.

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9 years ago #112701

Hello,

 

I would like to make an EA for a breakout system and want to know if I will be able to use the EA Wizard in order to do it.

 

The strategy measures the range of a given period and then places buy and sell stops above and below the range.  S/L’s are equal to the opposite entry.  T/P’s are an equivalent amount.  Lot size is determined by the size of the range and ideally is based on a fixed amount of account currency.  The stategy keeps trading until the next day when pending orders are canceled and new ones placed.

 

I can provide more details and specific examples if needed.  Based on the above outline, is this doable with the EZ Wizard?

 

Thanks,

AZ

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stearno

Customer, bbp_participant, community, 379 replies.

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9 years ago #126791

Here is an example of one I made in the past.  You can use it as an example to create one for yourself for your specific needs.

 

-Stearno

 

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