RangeBreakOut Study is almost ready !

[Spin]

Hello fellow MW-traders,

I fequently got coding requests for a 'Range Breakout-Strategy', so I decided to program one that would be up for sale. (the others I made are custom-coded and sold to individuals / institutions at their request)

The "RBO-Strategy" places orders when the user-selected timeframe is complete, that way avoiding slippage or orders that get filled too late or not at all.
It has all the bells & whistles needed: StopLoss, 3 TakeProfits and a Breakeven-function. ???

And it has the option to switch between Tick & Pips (because sometimes instruments behave weird, see also this post )

I will post here when it's available on my site !

Enjoy this short sneak-peak:

 

[jacxia81]

awesome, looking fwd to it

 

[rvdesh]

Looks great!!

 

[Spin]

Too many hours of testing and 'finalizing' code

I added even more functionality:

• open a single trade once activated or multiple ones
• make the Strategy "feel" whether it's being placed on a chart during or after the (user-selected) timeframe, and place InitialOrders accordingly
• added extra loglines, so that traders can see 'what's going on behind the curtains' when RBO is active

I stress-tested the whole lot unitl my screen looked like this:



And that's when I decided to put it up for sale on my site:
RBO_V4 (a ton of information there !)

I hope it will bring many green pips to a lot of MW-traders ???