条件突破系统 (conditional breakout system)

I got an idea for a system that is a conditional breakout type of system.

We use the 5 min charts. When the daily high + 2 pips is reached an evaluation of the current 5 minute candle will begin. If the current price is greater than the 5 min open price by a value greater than the 100 pd-5 min avg true range....then a potential breakout is assumed and we buy.

opposite when selling of course.

If the high or low is reached and the above 5 min candle conditions are not met...then a trade of only minimal lots will be made.

I was thinking that a tp of 25 and a sl of 15 would be good. We could even run a trail stop on it. We could try any major with it.

Anyhow....if this gains some interest from you folks...I will provide the ea. It will include MM as well so it would be a total set and forget price action breakout system. I will also include max pip spread and max slippage levels which would be displayed on the chart.

It would trade once per day.

Just let me know. This thread may need to be moved to the programming forum. If so...my apologies.