Monday/Tuesday Breakout EA (Monday/Tuesday Breakout EA) - MT4/MT5 Resources
Breakout EA on Monday/Tuesday
NOTE: This post is not intended to discuss this very simple strategy. If you want to discuss this strategy and interact with other traders who are using it in various ways, I recommend you go to @4ectasy's post: https://www.forexfactory.com/showthread.php?t=976730
This thread is specifically for my EA that implements a simple Monday-Tuesday breakout strategy; the setup, results, and of course problems you may encounter.
Version 1.091:
Version 1.09:
Version 1.08:
Version 1.071:
Version 1.07:
Version 1.062:
NOTE: This post is not intended to discuss this very simple strategy. If you want to discuss this strategy and interact with other traders who are using it in various ways, I recommend you go to @4ectasy's post: https://www.forexfactory.com/showthread.php?t=976730
This thread is specifically for my EA that implements a simple Monday-Tuesday breakout strategy; the setup, results, and of course problems you may encounter.
- This thread has nothing to do with the strategy itself (see above).
- I won't write an EA for you, so please don't ask.
- I won't share the source code, so please don't ask.
Version 1.091:
- Expiration date removed.
Version 1.09:
- Disables any order checks when trading is disabled (stops unnecessary messages being output to the log).
- Added new minimum range filter.
Version 1.08:
- Enforcement of maximum and minimum broker lot sizes.
While this should happen all the time, there seems to be a bug that bypasses this check. - Added new "Indicator" mode.
The EA can be run in two modes:
EA: It works as originally intended.
Indicator: It does not open or manage orders, it just draws lines and boxes. - Expose the object prefix as a parameter.
Items on the chart are prefixed with a value that makes them unique to the EA. In rare cases where the EA conflicts with another indicator, this setting can be changed. - Adds a week range to the display.
- Allows modification of maximum weekly trading volume.
The default value is "1" but can be changed to any value you want. I recommend you leave it at 1.
Version 1.071:
- Fixed a bug in launch calculations for first weeks range.
- Increased the maximum number of weeks for drawing boxes and guides to 200 weeks.
- Added check for automatic trading button not activated.
- The information panel now displays some parameters that were previously missed.
Version 1.07:
- Fixed trailing stop error when two orders for the same currency pair are active.
- Added BE and TS trigger guide.
- Added option to display boxes and guides for up to 4 weeks.
- Added option to close all trades at the end of the trading period.
- If the trading session is set to Monday or Tuesday, the range calculation will be adjusted to end one hour before trading begins.
New trigger guide:
Version 1.062:
- Fixed bug in TradingHours function.
- 2 trades are allowed on the same currency pair, but only 1 trade is allowed this week.
- Improved efficiency when running in the tester.
- Information panel debugging adjustments.
























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