EA Creator video tutorial 1: simple breakout EA

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Uploaded by on Nov 8, 2009

EA strategy rules:

Entry: breakout from 1 day and 6 hour (30 hours) time window

Exit: stop-loss = 100pips, take-profit = 100pips

Money management: automatic order sizing by risking 5% on one position

Risk management: maximum spread = 7, maximum slippage = 3

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Uploader Comments (eacreator)

  • could i insert more diff indicators on that?

  • @Paulwhiteshark

    of course. you can create as much logic with as many indicators as you need.

  • Rules of this example trading strategy used on the video:

    Entry: price breakout from 1 day and 6 hour (30 hours) time window.

    Exit: stop-loss = 100pips, take-profit = 100pips.

    Money management: automatic order sizing by risking 5% on one position.

    Risk management: maximum spread = 7 pips, maximum slippage = 3 pips.

    This strategy is used just as an example. You can create any other strategy by yourself using this online tool.

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All Comments (6)

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  • @eacreator yes but it is not easy t mix exe4 files with mq4files.

  • That spread limit is a smart one

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