there so many breakout systems, I have some good results by reverse systems only will back test for optimize and need a code.
if someone can write a small EA, I will give the details.
overview:
1. request time window, EA has to start before london open
2.from start time has to check movement of price, if some move in one direction (move > Z ) reach, has to open a pending bracket-order at price (move + X ) in the reverse direction.
if move decreased under a minimum ((move + X)< Y) , delete the pending order and if price reach (move > Z ) again open the pending order again, and so on
if price go the other direction we count the range from last opposite maximum from start time and follow the way see 2.
hope some interest
and a good holiday time
if someone can write a small EA, I will give the details.
overview:
1. request time window, EA has to start before london open
2.from start time has to check movement of price, if some move in one direction (move > Z ) reach, has to open a pending bracket-order at price (move + X ) in the reverse direction.
if move decreased under a minimum ((move + X)< Y) , delete the pending order and if price reach (move > Z ) again open the pending order again, and so on
if price go the other direction we count the range from last opposite maximum from start time and follow the way see 2.
hope some interest
and a good holiday time