I'd like an EA for the following breakout system for a 5 digit broker MT4 platform:
Currency GBP/USD
Note the Hi/Lo from 12:00-14:00 GMT
Open trade as soon as price crosses either Hi or Lo plus/minus 5 pips
Stop loss 15 pip
Exit target 20 pip
(open to any suggestions as to how to improve this eg with trailing stop or multiple exit targets with partial closure of trade eg 25% at 20 pip move sl to B/E and 25% at 30 pip, 25% 40 pip, 25% 50 pip) ( or a trailing stop of 15 to 25 pip)
magic number for orders ea places.
I think that should do it.
If you look at this historically seems like a good system. I'd trade it manually except that's 1am for me and I do like to sleep.
Can anyone help? We can share this with the whole trading community.
Have a Happy New Year everyone.
Currency GBP/USD
Note the Hi/Lo from 12:00-14:00 GMT
Open trade as soon as price crosses either Hi or Lo plus/minus 5 pips
Stop loss 15 pip
Exit target 20 pip
(open to any suggestions as to how to improve this eg with trailing stop or multiple exit targets with partial closure of trade eg 25% at 20 pip move sl to B/E and 25% at 30 pip, 25% 40 pip, 25% 50 pip) ( or a trailing stop of 15 to 25 pip)
magic number for orders ea places.
I think that should do it.
If you look at this historically seems like a good system. I'd trade it manually except that's 1am for me and I do like to sleep.
Can anyone help? We can share this with the whole trading community.
Have a Happy New Year everyone.
Just trade the pullback you idiot!