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Old 10-02-2008, 01:25 PM
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Join Date: Mar 2007
Location: Vancouver, BC
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stubish is on a distinguished road
Is there a configurable Breakout EA?

Hi,
I've been hunting for a breakout EA that would allow us to experiment. This is what I'd like it to do (simply)

Breakout is of previous bar and I'd like to work mostly on percentages.

The percentages would be the variables.... and would be as follows

V1 = Number of Bars to count back to establish the average range of bars.

V2 = the percentage of the range that would dictate how far to place the buy or sell from the high or low.

V3 = the take profit as a percentage of the average range in pips

V4 = the Stop Loss of the trade as a percentage of range.

V5 = the position size (in micro lots) as a percentage of account balance.

That is all.

Does something like this exist? If not, would some genius here be able to whip this up with a relative amount of ease?

Thanks in advance
Stuart
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