High-Low Breakout
 $495 |
 Free! |
Description
The HighLowBreakout strategy takes a sample of prices over a time range specified by the user. The strategy computes the High and the Low prices over the time range. After the time range, if the price goes above the High, the strategy buys. If the price goes below the Low, the strategy sells short. If the strategy goes long, the Low is used as the Stop Loss. If the strategy goes short, the High is used as the Stop Loss. The user may set the strategy to Reverse the order at the Stop Loss with the quantity of the order a multiple of the original quantity.
If the strategy goes long, the profit target is set to the entry price + (High – Low). If the strategy goes short, the profit target is set to the entry price - (High – Low).
User Guide
- Installation Instructions for NT6.5
- Installation Instructions for NT7
- Getting Started
- Input Parameters
- Strategy in Action
- Manual vs. Automatic Trading
- Test Run on Historical Data
Features
- Up to three orders per entry, each with individual profit target stop loss.
- Profit target stop loss in ticks, percent, or price.
- Fully automated trading or manual, discretionary trading via alerts.
- Choose “Reverse At Stop Loss” to reverse your order if the market goes against you and “Reverse Multiplier” to multiply your bet upon reversal.
- *NEW* "Profit Target Stop Loss"
High-Low Opening
The HighLowBreakout Strategy works in up or down markets and can be tuned to trade any instrument (stocks, options, futures, etc.) on any time scale.