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[SHARE] High-Low Breakout EA D'Alembert


conglo

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Here's one that I had coded (thanks to hiachiever) to trade the breakout of the daily high/low.

 

http://www.mediafire.com/?c4brzlqtq77bjnu

 

There was quite a bit of interest about daily breakouts on another forum some time ago, I forget which, but none of the EAs that were posted worked, this one does.

You can, however, use it on any TF. It has potential.

 

It does not set stops for entries so it needs to remain active.

 

 

The "Profit" variable is a global closure mechanism that works well in conjunction with the TP.

 

The lot-sizing algorithm is a D'Alembert; it's very simple to change the code to a Martingale if you want.

 

 

Substantive improvements are welcomed but I will probably ignore suggestions; I do not have the time and I am not a programmer.

Edited by conglo
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