Howdy folks,
I'm currently working on polishing my breakout trading system, and I'm wondering if there's a way to make the process more automatic.
Basically, what I do is draw a box at certain hours each day, add a safety buffer of around 20 pips and set limit long/short orders accordingly. What I'm looking for is some kind of an automatic solution (presumably within MT4) that would do the number crunching for me for the past couple of months based on the following variables:
I'm currently working on polishing my breakout trading system, and I'm wondering if there's a way to make the process more automatic.
Basically, what I do is draw a box at certain hours each day, add a safety buffer of around 20 pips and set limit long/short orders accordingly. What I'm looking for is some kind of an automatic solution (presumably within MT4) that would do the number crunching for me for the past couple of months based on the following variables:
- time of day;
- safety buffer;
- maximum stop loss;
- maximum take profit;
- trailing stop.
Is a mechanical solution that would let me adjust these variables one by one and get results even possible without hardcore programming? Or am I stuck doing the test by hand (which gets pretty old, because when you change one variable, you have to re-examine your entire chart).