Breakout timebox

Place your new trading idea here to see if someone can automate it.
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hankeys
Trader
Posts: 21
Joined: Fri Nov 18, 2011 12:55 pm

Breakout timebox

Post by hankeys »

Hi everybody, i was looking for some breakout strategies here in forum, if there is something what i can use for my handy system on DAX. Didnt find nothing useful, nothing works on new builds of MT.

So i want to ask if somebody is capable to program this simple breakout system

StartTimeBox - HH:mm
EndTimeBox - HH:mm

compute high and low of the box and send these orders

BUYSTOP on HIGH of the box + spread
SELLSTOP on LOW of the box
need to be OCO - if one side is filled, delete the other pending
if the price is at the high or low of the box, there can be situations that pending order cant be placed, if so retry or put market order

TP,SL - in pips

BE, trailing - true/false

MM - fixed lot, or % of account

For now i am trading this system with these results
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