10 Breakout (Scalping) About
EA developer Reiwa no Dabu-rii here.
Today
“Breakout (scalping)”is about.
In discretionary trading,
you may rely on so-called “line trading.”
If that sounds familiar to you,
as if drawing a “horizontal line,”
an EA that enters when past highs and lows are breached,
using trailing stops and other methods to scalp, is the logic.
Predetermined “buystop” and “sellstop” stop orders are set.
Within a day’s price movement,
levels such as the previous day’s high and low tend to be watched closely,
and some traders place stops there.
Then from Asia time to Europe time to NY time,
there are moves that push the previous highs and lows to new levels,
that is, price moves aiming for “stop hunting.”
In such cases,
stops are swept when past highs and lows are breached,
and the rate jumps as a result.
That is what scalping is about.
Thus, the representative breakout (scalping) system is…
It speaks plainly,
and this EA is the first thing that comes to mind.
In fact, it might be the only one among GogojAN selling EAs.
…Someday I’d like to try making one myself (laugh).
Well then!
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【Reiwa no Dabu-rii EA Listing】
https://www.gogojungle.co.jp/users/112481/products
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【Reiwa no Dabu-rii’s Serialized Articles】
■ EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
■ No Bias! Gogojan Issues!
https://www.gogojungle.co.jp/finance/navi/series/1701
■ Dabu-rii FX Tales
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa no Dabu-rii’s Beliefs】
Develop EAs with proper methods, and
gain the love and trust of more people,
while maintaining a long-lasting WIN-WIN relationship,
aim to invigorate the EA market and raise literacy.
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