Description
The default settings of the program are the ones I use for USDJPY. For EURUSD I use the same settings but the time for the range is 09:00 - 10:30, orders will be cancelled at 20:55 and positions closed at 21:55. Please do your own testing!! These are only the settings that I use but there might be better settings. I cannot give any advice or recommendation here since I cannot predict future market movement.
<General Settings>
Timeframe Range Calculation: Chart timeframe used for range calculation (always use PERIOD_M1 for live trading and only change in tester if you do not have enough M1 data)
Trading Volume: Mode for the calculation of the lot size for each trade
Risk : The lot size for each trade will be calculated so that the set percentage of your account will be lost if the inital SL is triggered
<Time Settings>
Range Start Hour: Hour for the start time of the daily range
Range Start Minute: Minute for the start time of the daily range
Range End Hour: Hour for the end time of the daily range
Range End Minute: Minute for the end time of the daily range
Delete Orders Hour: Hour for the expiration time of pending orders
Delete Orders Minute: Minute for the expiration time of pending orders
Close Positions: Decides if open positions are closed at the close position time
Close Positions Hour: Hour for the close time of open positions
Close Positions Minute: Minute for the close time of open positions
<More Settings>
Range Color: Color of the range object in the chart
Screenshots :
File Links :
Without source code : Click Here
With source code : Click Here
The author decided to hide the source code.
tradingbotcreations
Joined on 25.03.2024
- Distribution: Paid
- Language: C#
- Trading platform: cTrader Automate
- File name: Breakout Range.algo
- Rating: 5
- Installs: 0
- Modified: 12/04/2024 19:29