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weekly breakou ea strategy principle:
weekly breakout ea the trading direction is a breakthrough from the previous week's range. its previous week's lows serve as a stop loss for its buy orders, and previous week's highs serve as a stop loss for its sell orders. if the new week begins within the trading range of the previous week, EA use two pending orders to implement its strategy. if not triggered, they will expire this weekend. if the week starts outside the range of the previous week (the price gaps over the weekend), the smart trading system will buy or sell currency pairs immediately and will also set up pending orders for the opposite transaction. break through the non-use take-profit level every week. if the stop loss is not triggered within one week, close the position at the beginning of next week.
ea contains two transaction versions, mt4 and mt5, only mt5 can be backtested.
weekly breakout ea usage parameters
currency: all currencies, including index gold
cycle: weekly weekly
the default number of single-handed hands is 0.1, which can be adjusted by yourself, and other parameters are defaulted. |
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