OPEN RANGE BREAKOUT AFL
Open Range breakout by Algofox is one of the most advanced and highly customisable strategy.
The Entry logic is simple : Buy if the High of the candle in defined range breaks, Short if the Low of the candle in defined range breaks.
Here are the advanced parameters :
Trade Type : High-low/ Open-Close/ Open
From Time : The time from which range will be marked
To time : The time till which range will be marked
Exit time : Square off open position
Target type : Points/Percentage
Target 1
Target 2
Stoploss
Trailing SL in % : % of difference between Entry price and Target 1
Max trades per day