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EA for Beginners, set and forget breakout, code, optimisation, testing part 7/8

4.3K views
Jun 30, 2023
47:22

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. Part 7 of 8 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 Looking for a broker? Support the channel by using this link. We receive a commission on your trades from the broker at no cost to you: https://orchardforex.com/live-account Links: Original Strategy Video: https://youtu.be/t0taDife5R4 Earlier range breakout: https://youtu.be/IVQ-j-xFE2U Time entry formats: https://youtu.be/0fqRXdraHvI Web Page: https://orchardforex.com/build-a-set-and-forget-breakout-bot-part-7/ Discord: https://orchardforex.com/discord/ Playlist for this series: https://www.youtube.com/playlist?list=PL0iqkWGt8zzlqgjBMVhLLqSQz-AZI_Mxc #Breakout #Forex #metatrader #expert #finance

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EA for Beginners, set and forget breakout, code, optimisation, testing part 7/8 | NatokHD