HOW TO SET RANGE BREAK OUT E.A

HI

 

I try to build E.A range break out, after i create and i test into MT4 Back test no order was open, i think there mistake some

 

where, i need your help.

 

My rules is that:-

 

when bar in range after 6 and come high than this range if it will go up should buy and if will go short should sell.

 

I put stop loss and take profit, will see here.

 

I have attach how am done, in order to correct me.

 

 

Thanks.

 

 

 

Hello,

 

the “Highest” (or the Lowest) function returns market price so you compare values incorrectly.

 

I understand you want to have the highest and the lowest of 6 bars back and then wait max 4 bars for breakout of that range. It can be done like shown in the file by playing with SHIFT parameter

Thanks.

did it work?

Yaahh, it work  thanks