RISK WARNING All Expert Advisors (Robots), Indiors, Trading Systems Published by me #8203;are Trading Tools Designed for Experimental purposes. Using any of these tools on a real account carries a high level of risk. I won't be held responsible for any losses incurred by any one utilizes these tools.
(ABO) Trading System is an automated trading platform (aka EA, bot, robot), that utilizes Average True Range (ATR) break out as an entry signal at the direction of the split out.
ABO is using Pending Cease Orders which are calculated based on ATR parameters at the beginning of new bar.
Un-triggered orders are deleted prior to placing new orders.
ABO robot has been born at the Robot Lab Project and proceeded to the dedied thread to grow on its own.
The machine utilizes ATR multipliers (same theory implemented in Substantial Candle) for Break Out, Stop Loss, Take Profit and Trailing Stop.
Position Size could be adjusted or automatically calculated based on Risk type and Stop reduction for each transaction.
MACD and RSI filters (suggested by auvergnat78) may be applied.
System Inputs:
Note: Default ATR period 50
Sample Evaluation Screen Shot:
Sample Evaluation EUR/USD H1 2015 with default settings.
VERSION CONTROL : Version 4: Post # 1. Version 5 (final): Post # 70. Version 6 (filters): Post Number 104 https://www.forexsoutheast.asia/atta...1707342332.ex4