support and resistance

[ahmed61089]

hello

see the picture. thats how i trade manually. i draw the line of support and resistance and wait fora breakout to start a transaction.

is this something doable as an EA to determine the resistance and support? as for the entry point i know the conditions.

Iam not a beginner in programming just want to know if its doable and how to start

 

[trizzzzlez]

in the zip file, the private wealth ultra does EA ultra, you can check it out. make sure to put all the indicators in the indicator folder and ea in expert folder else it wont work

 

[ahmed61089]

this ea trade breakout?

 

[ahmed61089]

this ea trade breakout?

i found a video on youtube that explain. i appreciate your sharing. Are you having good result with it?

 

[blackking]

The most popular trading breakout is London breakout strategy
usually London session has higher volatile than Asian session although not always

 

[stadevata]

hello

see the picture. thats how i trade manually. i draw the line of support and resistance and wait fora breakout to start a transaction.

is this something doable as an EA to determine the resistance and support? as for the entry point i know the conditions.

Iam not a beginner in programming just want to know if its doable and how to start

i think its doable
let say u already have trendline on chart (by drawing it self or draw by indicator) and object name is "Trendline1234"

then we use object functions to get the value:
double trendlinevalue = ObjectGetValueByShift("Trendline1234", 1);

determine the action
if (Close[1]>trendlinevalue) {Buy/Sell code here ...... }