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tro forex break out scanner - a dream or reality??

Posted: Tue Mar 05, 2019 9:27 pm
by itwasntme
question for tro - (or anyone who can hel;p)

I was wondering have you created a forex break out scanner or anything similar? i use y our buttons indicator but when it says buying, ive missed my entry usually.

amazing work tro. you should be granted eternal life :)

Re: tro forex break out scanner - a dream or reality??

Posted: Mon Mar 18, 2019 11:49 am
by Techguy
https://www.kreslik.com/forums/therumpledone/multipair-tro-strategy-buy-stop-sell-stop-instantiation-and-tracking-t26496

Coding in progress.

I just barely found these posts, which I will incorporate into the scan logic.
https://www.kreslik.com/forums/therumpledone/hourly-breakouts-tro-style-t2547
and
https://www.kreslik.com/forums/therumpledone/trading-tro-sr-rr-style-t1805

Do you want to beta test the EA?

===================================

Update Mar 25 2019... I did not include the scan logic above in the code below. FYI.

Re: tro forex break out scanner - a dream or reality??

Posted: Mon Mar 18, 2019 12:13 pm
by itwasntme
sure

Re: tro forex break out scanner - a dream or reality??

Posted: Mon Mar 25, 2019 1:49 pm
by Techguy
First a few standard warnings:
Not for production! Educational ONLY!
Not for production! Educational ONLY!
Use on DEMO Accounts Only!

All code is supplied FREE of charge.
It may NOT be sold or distributed commercially.
Unless otherwise shown, no source code is available.

Software is offered on an 'as is' basis.
I'm not offering a programming or troubleshooting service.

There is no guarantee that the software is fit for purpose, or free of errors.
Download and use the code at your own risk and peril;
I accept no liability for computer damage or financial losses.

DO NOT POST ON PUBLIC SITES WITHOUT MY PERMISSION - Thanks

ok, that should be enough blah, blah blah...

I don't intend to do much more on this code, as I have moved on to new bright shiny objects, unless someone has a brilliant thought to pursue, or there are completely glaring flaws (which likely there are). Please respond to this post with bug reports, but I will get to them as I have time.

The main features of this code are:
It is coded to accomodate EURUSD only.

Automatically instantiates buy stop and sell stop orders (a total of eight) at Monthly, Weekly, Daily, and 4H breakout levels.

Upon deinitialization of the EA, an effort is made to kill every pending order.
Sometimes pending orders are quite stubborn, so I call the pending order deleter function 3 times. That said, check your trade terminal and VERIFY for yourself, that trades are 100% removed.

The code tries to kills all pending orders if the spread widens above the threshold in the variable "TolerableSpread", and will re-instantiate orders after the spread has returned to more normal levels.

The code has the JimDandy1958 VPS Heartbeat monitor, which is set to flash the ASK line.

I will include a Pending Order Deleter script in case the EA fails to remove an order...which it occasionally does. Or simply remove any dangling pending orders in your terminal.

EA_mq4_BreakOut_Order_Manager.mq4
Draft / Demo Only Breakout Order Manager
(38.97 KiB) Downloaded 283 times