We go long/short on support/resistance breakout, time filter, and min/max distance between resistances and supports.
EU M1. Since 2009.
extern int timeframe=0; // timeframe of the resistance/support
extern int margin=0; // difference between price and s/r for the breakout
extern bool srfilter=true; // two consecutive higher/lower resistance/support
extern int mindiff=0; // minimum difference between the resistances and the supports
extern int maxdiff=1000; // maximum difference between the resistances and the supports
Total net profit : 2067.89%
RDD : 23.68%
Note : indicator integrated to the expert advisor.
Download : Support and Resistance EA (available in the Elite section).