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Open-Range-Breakout

6 replies

9 years ago #113498

Hi,

I would like to develop an open-range-breakout-system. Actually I have a problem with the trade opening. I would like to open trades if the high(0) is higher than HighestInRange (08:00 – 10.00). But sometimes my EA opens trades (MT4-Backtest) if the high isn´t higher. I can´t find the problem.

It would be great if anybody could check my EA Wizard File and give me some hints. Thank you very much!

Tradine

9 years ago #129448

And here my EA-Wizard-File:

File: HighestInRange.sqw

9 years ago #129471

Try using Crosses Above and Crosses Below instead of > on your High[0] > HighestinRange…

-Stearno

9 years ago #129481

If I use “Crosses Above/Below” no trade is made. Any other suggestions?

9 years ago #129494

Try this one, perhaps remove this if you don’t want it

Close[0] = HighD[0]

File: forum.sqw

8 years ago #131287

Oh sorry, I missed this last answer.

I´ll try this.

Thank you very much!

8 years ago #131367

If you are using crosses above/below it is a present tense action (to my understanding). Its happening live, so if its not working you probably are using a past tense step, such as high[1] crosses above high[2]. Both those are past candles, it wont work.

It needs to be present so it should be high[0] crosses above high[1]. Just suggesting that as a possible error.

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