
07-10-2006, 12:08 AM
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Freshman
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Join Date: Jun 2006
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts
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Quote:
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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!
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Scorpion,
Will this ea work on different time frames other than the daily ??
Thanks,
Dan
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