Request Breakout Strategy

[guib88]

I use google translation.

Hello, is it possible to add options to the custom Strategy Breakout.

I would like to be able to program a Stop under the level of the support or the resistance and to be able to program a take profit according to a precise ratio.

For example, if my Breakout settings are programmed from 8:00 to 11:00 and the distance between levels is 25 pips. automatically when the position triggers the stop would go to 26 pip and the take profit to 26 pip.

Best Regards

[Apprentice]

How we will get/calculate this levels?

[guib88]

The distance between the price level according to the established parameter.

For example: DOW jones (Us30), breakout level parameter 6 hours and 8 hours. In the example the highest level is 26,266 and the lowest level is 26,238. If the price crossed the high level using a closed candle on a unit of time select the stop would automatically fall below the levels of 26,238 and if the price crossed the low level the stop would be placed at the top of 26,266.

I would also like to be able to place a take profit according to a ratio calculated in relation to the distance of the stop.

[Apprentice]

So, if price cross under low of last N hours/candles,
the short position will be opened and vice versa?

[guib88]

yes like this strategy but with my options offered in addition.

search.php?st=0&sk=t&sd=d&sr=posts&keywords=breakout&fid%5B%5D=31&start=30

[Apprentice]

Your request is added to the development list under Id Number 4585

[Apprentice]

Try this version.
viewtopic.php?f=31&t=68421