Short Story

This a unique Daily Range Breakout Forex Robot. It is based on a simple but very effective day trading strategy.

We are looking to crowd fund the development of this EA so that it can be made available to the people participating in the project. This would enable the EA to be provided at an affordable to cost to the clients who decide to be part of this crowd funding enabled project.

Lets’ make it possible.

If you have an idea for a forex robot and would like it to be made available at an affordable price then please send us the details here.

 

Daily Range Breakout Forex Robot- Day Trading Robot- Crowd Fund It

by GoTrade4Me

  • $120.00

    Funding Goal
  • $0.00

    Funds Raised
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    Days to go
  • Target Goal

    Campaign End Method
Raised Percent :
0%
Minimum amount is $5 Maximum amount is $
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GoTrade4Me

4 Campaigns | 0 Loved campaigns

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Campaign Story

This a unique Daily Range Breakout Forex Robot. It is based on a simple but very effective day trading strategy.

The Breakout Forex Robot ascertains the High and Low of the defined breakout session ( Start Time : Finish Time).
This Forex Robot becomes active after the formation of the breakout range.

Buy Entry & Exit Rules
It will wait until a candle closes above the Breakout Range. It will then place a Buy Stop Order at the last high of the closed candle.

Stop Loss is set to the low of the breakout range

Take Profit is set to 20Pips (you can modify the TP as per your liking)

Sell Entry  Exit Rules
It will wait until a candle closes below the Breakout Range. It will then place a Sell Stop Order at the last high of the closed candle.

Stop Loss is set to the high of the breakout range

Take Profit is set to 20Pips (you can modify the TP as per your liking)

Fixed LotSizes are used in the EA. You can input the value as per your requirement.

You can choose to have one trade Buy or Sell opened per breakout session
or
You can choose to have both Buy and Sell trades opened per breakout session should the trades satisfy the entry conditions

Platform: MT4

Licence Type: Lifetime attached to your Name as registered with the Broker

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