Updated: Nov 25
Candle Breakout EA works once per bar, it works with the previous candle's low and high price. It simply opens buy trade if current price breaks previous candle's high price, It opens sell trade if current price breaks previous candle's low price.
This EA works continuously, you can use time filter to reduce working hours. For example 03:00 - 15:00. EA uses current timeframe data, so if you will put this on H4 chart it will work with H4 candles, if you will put this on M30, so it will work with M30 candles. Possibly it may be profitable if the price keeps going down and down or keeps going up and up.
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