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Thread: Breakout EA previous high/low

  1. #1
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    Default Breakout EA previous high/low

    hello,

    There are many breakout EA's based on timezones, but did anyone saw a breakout EA based on previous low or high?

    Best regards

  2. #2
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    Quote Originally Posted by treuzelen View Post
    hello,

    There are many breakout EA's based on timezones, but did anyone saw a breakout EA based on previous low or high?

    Best regards
    Hi treuzelen,

    Have you tried this one :

    Breakout BSL EA

  3. #3
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    hello Funyoo,
    thank you for your prompt answer, and all the hard work!
    The BSL breakout is based on a high/low of a period of time (time-interval) what I meant is that the EA should place an order based on the PREVIOUS high and low bar.
    I tested this manually, and if you go for small pipages , your probability to hit your SL is pretty high!

  4. #4

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    Quote Originally Posted by treuzelen View Post
    hello Funyoo,
    thank you for your prompt answer, and all the hard work!
    The BSL breakout is based on a high/low of a period of time (time-interval) what I meant is that the EA should place an order based on the PREVIOUS high and low bar.
    I tested this manually, and if you go for small pipages , your probability to hit your SL is pretty high!
    Wouldn't it be better if the probability of hitting the TP were pretty high?

    I'll get my coat.

  5. #5
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    I meant TP of course

  6. #6
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    This sounds like a lot like the manual system that I trade. I trade previous day/hi low.

    Funyoo, I'm coming out with v1.1 of the system soon which might make a great EA.

    See my sig.
    -David T-
    Skype: verbtheory
    Trades and insights:
    http://manualforextrader.com
    Verbtheory's Day Break System v1.0
    -----------------------------------------------
    "Only when the tide goes out do you discover who's been swimming naked." - Warren Buffett

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backtesting, breakout, color, expert, high, low, manual, system, time

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