I have a couple of 4hr systems that look good in my initial back testing and that I am forward testing now. However it would be a lot easier and faster if I could back test them as an EA instead of visually.
My first system is just trading fractal breakouts. So the idea is when price forms a fractal above the candles you would buy when the price is broken and sell if the price breaks a fractal below the candles. All the EA has to do is open a buy if price goes through above fractal and sell if price goes through the below fractal. There would need to be an option for setting TP, SL and maybe trailing stop levels so you can use specific numbers for your TP and SL levels.
Below is a picture showing the fractal channel indicator and an example of where to open a buy trade.
I also have some other ideas which would need the EA to do more stuff but I'll ask about that later if anyone wants to help out. I'll also describe the 2nd system if anyone wants to help me out. Thank you for taking the time to read this and please let me know if you can help me out.
trublu
My first system is just trading fractal breakouts. So the idea is when price forms a fractal above the candles you would buy when the price is broken and sell if the price breaks a fractal below the candles. All the EA has to do is open a buy if price goes through above fractal and sell if price goes through the below fractal. There would need to be an option for setting TP, SL and maybe trailing stop levels so you can use specific numbers for your TP and SL levels.
Below is a picture showing the fractal channel indicator and an example of where to open a buy trade.
I also have some other ideas which would need the EA to do more stuff but I'll ask about that later if anyone wants to help out. I'll also describe the 2nd system if anyone wants to help me out. Thank you for taking the time to read this and please let me know if you can help me out.
trublu
Attached Image (click to enlarge)
