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Thread: WeeklyBreakout v1

  1. #1
    Administrator funyoo's Avatar
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    Default WeeklyBreakout v1

    An EA presented here by sstef.

    1. Watch at last week’s high and low.

    2. Set a buy stop order at the high (with a 50 pips stop loss).

    3. Set a sell stop order at the low (with a 50 pips stop loss).

    4. When one order triggers, change the other order’s entry point to the stop loss point of the triggered one.
    EU H1. Default settings. Since january 2008.

    Total net profit : 19.61%
    RDD : 6.98%
    Attached Images Attached Images WeeklyBreakout v1-strategytester-weeklybreakout-v1-eu-h1-def-gif 
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  2. #2
    Administrator funyoo's Avatar
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    Money Management added.

    EU H1. startTime=15; startDay=2; endTime=22; endDay=5; stopLoss=90; lots=0.1; MM=true; Risk=3.45.

    Total net profit : 201.56%
    RDD : 29.85%
    Attached Images Attached Images WeeklyBreakout v1-strategytester-weeklybreakout-v1-eu-h1-opt-mm-gif 
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  3. #3
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    Hi funyoo,

    Are you able to program a TP, and trailing SL user input for this EA?

    Thanks

  4. #4
    Administrator funyoo's Avatar
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    Quote Originally Posted by chrisdes View Post
    Hi funyoo,

    Are you able to program a TP, and trailing SL user input for this EA?

    Thanks
    Yes I'm able. Here it is.

    EU H1. startTime=15; startDay=2; endTime=22; endDay=5; stopLoss=90; takeProfit=150; trailingStop=75; lots=0.1; MM=true; Risk=7; breakEven=0;

    Total net profit : 470.00%
    RDD : 29.83%
    Attached Images Attached Images WeeklyBreakout v1-strategytester-weeklybreakout_v1-0-mm-tp-ts-eu-h1-gif 
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  5. #5
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    Thanks for the effort,

    I notice that this EA does not delete the pending orders once the active orders are closed?

    Is this supposed to be this way?

    Or are you able to program the EA to have an expired hrs for the pending orders?

  6. #6
    Administrator funyoo's Avatar
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    Quote Originally Posted by chrisdes View Post
    Thanks for the effort,

    I notice that this EA does not delete the pending orders once the active orders are closed?

    Is this supposed to be this way?
    I suppose.

    Quote Originally Posted by chrisdes View Post
    Or are you able to program the EA to have an expired hrs for the pending orders?
    It's made.
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  7. #7
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    This is a very good EA, i have tested it on most time frames with possitive results, i reckon when optimzed well this could become a very profitable EA to trade on ones live account It does not produce a lot of trades very little acctually, however it gets a lots of winners compared to the loser!

    Quote Originally Posted by funyoo View Post
    Yes I'm able. Here it is.

    EU H1. startTime=15; startDay=2; endTime=22; endDay=5; stopLoss=90; takeProfit=150; trailingStop=75; lots=0.1; MM=true; Risk=7; breakEven=0;

    Total net profit : 470.00%
    RDD : 29.83%
    Last edited by wannaberich; 01-18-2009 at 12:04.

  8. #8
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    Default yes it is a very good ea

    but is it possible to trade it on a 4 hour time frame and only the 0800 bar and the 1200 bar and the 1600 bar?
    and close previos trade 30 seconds for bar closing?

    leon

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breakeven, change, closing, high, live, live account, low, pips, profit, profitable, stop, stoploss, time, trailing, trailingstop

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