Break through system

manager · #1 (**permalink**) 03-13-2006, 08:58 AM

Hello,
I have an idea for one simple EA, maybe someone can write it.
When todays price breaks through yesterdays High or Low then it opens position. I checked in the past and it works, but problem is that many times it happens at night when I'm sleeping.
That would be great if somebody can write this EA.

hellkas · #2 (**permalink**) 03-13-2006, 10:01 AM

Quote:

Originally Posted by manager

Hello,
I have an idea for one simple EA, maybe someone can write it.
When todays price breaks through yesterdays High or Low then it opens position. I checked in the past and it works, but problem is that many times it happens at night when I'm sleeping.
That would be great if somebody can write this EA.

Hi manager..

you want to say this:
Yesterday high: buystop;
Yesterday low: sellstop

manager · #3 (**permalink**) 03-13-2006, 10:09 AM

Quote:

Originally Posted by hellkas

Hi manager..

you want to say this:
Yesterday high: buystop;
Yesterday low: sellstop

Yes, that's my idea. Maybe we should use something else to avoid false signals.
If you have some thoughts about that just say.

manager

hellkas · #4 (**permalink**) 03-13-2006, 11:16 AM

Quote:

Originally Posted by manager

Yes, that's my idea. Maybe we should use something else to avoid false signals.
If you have some thoughts about that just say.

manager

if you saw the the daily chart almost always happens these breakouts.. I have tested this with some success. I make few pips per day, but always they are some...
look today.. if you @ 0:00 GMT put a order buystop Yesterdays High (1.1925) with a TS 10/15 pips...