Thread: Expert 610 – Vertex FX Indicator Expert Advisor

Expert610_eng is a client side script robot that trades the breakouts above and below the previous candles.
If the difference between the previous High and current price is greater than THRESHOLD and likewise if the difference between the current price and previous Low is greater than the threshold, then it is a candidate for BUY-STOP and SELL-STOP orders. When the above condition is met, it implies that the current candle is engulfed by the previous candle.
A BUY-STOP order is placed at the previous High + BREAKOUT_POINTS if the current open is previous High.
A SELL-STOP order is placed at the previous Low - BREAKOUT_POINTS if the current open is above the previous Low.
The robot employs candlestick patterns and breakout strategy.