Hi guys,
I am testing some breakout strategies. Can anyone help me to creat this EA. The concept is very simple. After candle closes, place stop order at previous high/low. I would like 2 EAs separately. Buy stop EA for up trend and sell stop EA for down trend
1. Buy stop EA: Open buy stop order (include SL, trailing stop, TP) at previous high + x pips
Ex: This is AUD/USD 1H chart. After this candle closes, I would like to place buy stop order 2 pips from its high. SL is 35pips, Trailing stop is 20 pips, TP is 80 pips
http://img406.imageshack.us/img406/4896/audusdh1.gif
2. Sell stop EA: Open sell stop order (include SL, trailing stop, TP) at previous low - x pips
Ex: This is EUR/USD 1W chart. After this candle closes, I would like to place sell stop oder 5pips from its low. SL is 180 pips, Trailing stop is 100 pips, TP is 280 pips
http://img833.imageshack.us/img833/8760/eurusdw1.gif
Thank you very much for your kind support.
I am testing some breakout strategies. Can anyone help me to creat this EA. The concept is very simple. After candle closes, place stop order at previous high/low. I would like 2 EAs separately. Buy stop EA for up trend and sell stop EA for down trend
1. Buy stop EA: Open buy stop order (include SL, trailing stop, TP) at previous high + x pips
Ex: This is AUD/USD 1H chart. After this candle closes, I would like to place buy stop order 2 pips from its high. SL is 35pips, Trailing stop is 20 pips, TP is 80 pips
http://img406.imageshack.us/img406/4896/audusdh1.gif
2. Sell stop EA: Open sell stop order (include SL, trailing stop, TP) at previous low - x pips
Ex: This is EUR/USD 1W chart. After this candle closes, I would like to place sell stop oder 5pips from its low. SL is 180 pips, Trailing stop is 100 pips, TP is 280 pips
http://img833.imageshack.us/img833/8760/eurusdw1.gif
Thank you very much for your kind support.