Thread: 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%

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%

Originally Posted by chrisdes

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%

Originally Posted by chrisdes

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.

Originally Posted by chrisdes

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

It's made.

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!

Originally Posted by funyoo

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%