Wrapping up the series with code for the optional move to break even on first close. Going back to basics for a beginners coding guide, I’m writing a complete breakout expert based on a published strategy including tips and optimisation.
EA for Beginners, set and forget breakout, code, optimisation, testing part 7
As I was uploading the video I realised that I have made the detection of the closed trade too complex. I got caught up in the details of the problem without seeing the big picture. I will release a part 8 with a different method of moving to break even, and it will be shorter.
I also noticed that for the MQL4 compatibility I missed creating the function long PositionMagic() { return OrderMagicNumber(); }
The strategy was published by TradePro and is a time range based breakout trading USDJPY with 3 stage take profit.
As a beginners guide I’m taking things slowly so I have to break the tutorial down to multiple videos. This is the first part and there is a link to the playlist below. I will add further parts to the playlist in the coming days.
The code is for Metatrader 5 but is almost the same for Metatrader 4 and I’ll try to point out the differences as I go in the videos
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Download the code:
