HLH4 Breakout System

The main idea of this strategy is:

1. Open a buy order if current price is above the Last high price of the previous bar (H4 time frame).
2. Open a sell order if current price is below the Last low price of the previous bar (H4 time frame).
3. Make a hedge order for all opened orders (martingale is not used by default).
4. Profit Locking for closing all orders is used on this system (target profit in account currencies).

Here is a brief of expert advisor properties:

• EA_Name = HLH4 BreakOut is a name of the EA.
• Set_1 = --Main Order--
• Magic_Number_Sell is a Magic number of the main sell order.
• Magic_Number_Buy is a Magic number of the main buy order.
• Max_Main_Order_Buy is a Max order of the main buy.
• Max_Main_Order_Sell is a Max order of the main sell.
• First_Lot is used for the first lot size of the main order (Bigger size implies higher risk).
• MM_Risk is an auto lot size based on total orders and equity (always use default setting, or lower than default).
• Set_2 = --Order step--
• note_jeh = --All set in Points--
• Step is an order step distance in points (1 pip = 10 points), use default 300 Points.
• Set_3 = --Profit Target In Currencies--
• Profit_Target is a profit target in account currencies for closing all orders.

This EA has trailingstop option too on parameter.