Breakout and reversal strategies FOREX NZDUSD AUDNZD

Using the same code for both strategies, only reversing BUY with SELLSHORT and SELLSHORT with BUY.

– AUDNZD 4H Reversal
– NZDUSD 4H Breakout

You look in the system: daily closings, breaking a max or min of X days, range, strength of the candle, moving average.

if you find the best parameters for this strategy would be grateful! 🙂

I wrote this also thanks to the support of the staff of ProRealTime,

Gianluca

Italy(BS)

//BreakOut NZDUSD 4H
DEFPARAM CUMULATEORDERS=FALSE

max5 = HIGHEST[5](HIGH)
min5 = LOWEST[5](LOW)

REM posizione long
IF dclose(1)>dclose(2) and dclose(2)>dclose(3) and low=min5 and close>open and range>range[1] and close>((high+low)/2) THEN
 IF CLOSE>Average[100](close) THEN
  BUY 1 SHARE AT MARKET
 endif
endif

REM posizione short
if dclose(1)<dclose(2) and dclose(2)<dclose(3) and HIGH=max5 and close<open and range>range[1] and close<((high+low)/2) THEN
 IF CLOSE<Average[100](close) THEN
  sellSHORT 1 SHARE at market
 endif
endif

IF LONGONMARKET AND (BARINDEX - TRADEINDEX ) =6 THEN
 sell AT MARKET
ENDIF
IF SHORTONMARKET AND (BARINDEX - TRADEINDEX ) =6 THEN
 EXITSHORT AT MARKET
ENDIF

SET TARGET %PROFIT 1.5
SET STOP %LOSS 2.5