Quote:
Originally Posted by scorpion
This expert advisor buys when price is above yesterday high and sell when below yesterday low. It closes the order when price reaches target net profit (5 pips ) or net loss (-5 pips) or when it's opened for 5 minutes.
Parameters and Features: - Redefinable breakout pips. (Breakout_Pips = x pips away from yesterday High or Low)
- Order lifetime = 5 minutes. (Order_Life_Mins = x mins)
- Time session filter. (From_Hour, From_Min, To_Hour, To_Min, 00:00 to 24:00 chart time by default)
- Initial stop loss = 3 pips + 2 pips spread = 5 pips net loss.
- Initial take profit = 7 pips – 2 pips spread = 5 pips net profit.
- Mini account support. (Pip_Value = 1 for Mini)
- Multiple pairs support.
Enjoys! |
I don't know if I quite understand the Time session filter feature. Let's say I want the system to operate between the open of the European markets at 3am EST and the close of US markets at 5pm EST. How would I reflect that in the time session filter? Also, is there a possibility of you adding a feature that will make the system only trade X number of times per session. So that if I didn't want the system to take more than 1 trade per day, I could set the # of trades to take at 1. I think I can make a tremendous amount of pips using this system by setting it to take a trade at the opening of the European session, but only taking one trade so that either the take profit is hit, stop loss is hit, or the trade is closed at the end of the session manually. I would then Martingale my losses.
thanks for the help.