Extreme Breakout EA MT4

[Dewara92]

Hi All,

Can anyone assist with combing the two Indicator attached for a EA?
I would like to see the indicators on the EA if that's not too much and not (Icustome'd)

Option to trade both indicators or each.

Extreme_Spike EA Conditions =
(viewtopic.php?f=38&t=67152&hilit=extreme+spike)

Entry Buy = Previous Bar close Blue
Entry Red = Previous Bar close Red
Close Buy = Previous Bar close Red
Close Red = Previous Bar close Blue

****Can you please assist with removing DLL imports / make it not require DLL as original EA does so.

Breakout-zones conditions:

When Price is in between the box (White color):

[*]Buy Stop above price (Navy color on snippet) - Red line above price in indicator

[*]Buy Stop Stop Loss (Yellow Line on snippet) = Sell Stop price

[*]Sell Limit below Price (Navy color on snippet) - Red line Below price in indicator

[*]Sell Limit Stop Loss (Yellow Line on snippet) = Buy Stop Price

Strategy of breakout zones Stop Loss (RED Line in Snippet):

Once in a trade = New box to give updated SL to previous trade (White Price Points to New SL in Yellow)

Take profit to remain open

Thank You thank you thank so much to whole maybe able to help!!

[Apprentice]

Your request is added to the development list.
Development reference 2473.

[Apprentice]

Extreme_Spike EA already works that way.

Breakout-zones conditions

I don't understand these conditions.

Buy Stop above price (Navy color on snippet) - Red line above price in indicator

So, when the indicator line crossed above the price the buy stop order should be created n pips over the current price?

[Dewara92]

Hi Apprentice,

Buy stop / Sell stop Should be on the Breakoutzones indicator lines. when price is in between the lines.

The Navy Color and Yellow Colors on previous snippet are just an illustration for you.

Buy Stop and Sell Stop should be on the RED LINES as per attached Snippet now.


[*]Can there be a option (True/False) for one direction trading:

Extreme Spike is on a Buy, the breakout zone only shows Buy stops.
Extreme Spike is on a Sell, the breakout zone only shows Sell stops.

[Apprentice]

Your request is added to the development list.
Development reference 2496.

[Apprentice]

The logic of drawing these lines is unclear. How we should find the levels for them?

[Dewara92]

The logic of drawing these lines is unclear. How we should find the levels for them?

Hi Apprentice, you can use your breakout indicator to understand the logic.

viewtopic.php?f=38&t=19944

Which means now you'll combine the Extreme_Spike attached above with the Breakout indicator.

Please apply same strategy mentioned before.

[Apprentice]

Your request is added to the development list.
Development reference 2517.

[Apprentice]

viewtopic.php?f=38&t=70742
Does almost exactly like that (only market orders instead of pending)

[Dewara92]

http://fxcodebase.com/code/viewtopic.php?f=38&t=70742
Does almost exactly like that (only market orders instead of pending)

Hi Apprentice, Thanks. The EA i am asking for is more specific and strategical.
It will also have an option to choose orders based on the extreme spike indicator etc.

Will it be possible to make with above specs?