Developed by  BaasHarm  

Description:

This EA trades a daily breakout as described by Hans123 at http://www.strategybuilderfx.com/showthread.php?t=15439 on the first page. The EA places and manages buy and sell orders based on breakouts of 2 timeframes. By default, the first timeframe is set from 6 – 10 CET and the second from 10 – 14 CET. All positions are closed after 0.00 CET and 22.45 CET on Fridays. The EA can be added to M5, M15, M30 and H1 chart and uses that chart to determine high/low values for the referenced timeframe

 User Parameters:

ServerTimeZone:               Server's time zone, 0 = London Time, 1 = London Time + 1, etc.

                                             Use       2 for FXDD

                                                           0 for IBFX

                                                           1 for MIGFX

TF1Start                     Start timeframe 1 in hours CET

TF1Stop                     End timeframe 1 in hours CET

UseTF2                True enables 2^nd timeframe

TF2Start                     Start timeframe 2 in hours CET

TF2Stop                     End timeframe 2 in hours CET

Breakout                    # of pips above or below high or low to open a position

Reverse                                  False disables the reverse order on the opposite side of the

Channel

Stop:                          Stop Loss in pips 

ProfitTarget:                # of pips in profit to close position

Stop2BE:                    # of pips in profit to move stop to breakeven

UseCloseOrdersTime              True closes all positions and deletes all orders at CloseOrdersTime

CloseOrdersTime        CET Time to close positions and delete all orders. On fridays,
                            orders are closed at 22:45 CET if not closed before that time.

UseMM                          > 0 turns Money Management on

                                                 1 uses fixed dollar risk as percentage of balance per trade

                                                 2 uses fixed pip value as percentage of balance per trade

MMRisk                          Money Management risk per trade in percent

LotSize:                     Default lot size with UseMM = 0

TrailStop:                    Pips to trail; if > 0 trails price when Profit Target is reached

ChannelFilter                 If > 0 Channel filter is used

 Maximum # of pips between period high and low to place orders.  

 When breakout channel (time frame high-low) exceeds channel  

 filter, no orders will be placed for the referenced timeframe 

 channel filter, no orders will be placed for the referenced  

 timeframe

MagicNumber                    Magic Number to identify orders

EAComment                     Order comment, maximum of 16 characters

Export2CSV                     When true pips and profit results are save to an CSV File

FileName                                 Filename for CSV export file, the currency symbol is added to the filename. The CSV file is save in the experts\files directory of your MT4 directory

ChartPeriod                             Chart time frame for backtesting. Must be entered as h1 or H1, m15 or M15 etc. to enable backtesting.