Hello.. I am fairly new to this forum but I am frequent on the yahoo metatrader and sbfx forums... I am making a request for a breakout strategy I have been manually testing for a couple months... It is rather simple... I got the idea from another successful trader.. The system only trades from 13:00-17:00 gmt or 8-12 est... First thing that needs to be done is the high and low need to be found for the euro session.. I like to take the high and low of the period of 7-13 gmt or 2-8 est... when these are found, at 13 gmt, the system begins.. Place this on a 5min chart... When a bar CLOSES +10 pips above the high, place a buy order on the open of the next bar. When a bar closes -10 pips below the low, place a sell order on the open of the next bar. Now the (+-10) is experimental but seems to work fine so far. It can be experimented with. Secondly, this EA should place an order for 3 lots initially. The tp for the first 2 lots should be 10 pips. The last lot will be kept running for those huge breakouts. When the tp of 10 pips is hit, 2 lots should be closes and the last lot should be trailed with a 10 pips ts. The SL for the system should be 15. All trading stops at 17:00 gmt unless their is an open trade which you should just allow to run. This allows for some pullback and then a continuation which happens a lot, especially if there is a big move. I have an ea for this system but it just places stop orders at the desired prices instead of waiting for the 5min bar to close above the desired price which is crucial to the systems success. Any help is appreciated. This is a simple system but very profitable.. thank you to all contributing.

PS I just realized I posted this in the wrong section... Sorry