Retracement Breakout Strategy - MT4 and MT5

[@ethanraiden]

Thank you for the video. I really like the format of this one, the live code session with you really helps understand more your thought processes and how everything fits together. Very helpful for a beginner.

[@OrchardForex]

Glad it was helpful!

[@mathewz7434]

thank you , i basically include retracements in my manual trading ..this is very helpful i dont take it for granted

[@OrchardForex]

You are welcome!

[@hamzavictor2385]

I am so pleased watching today's tutorial, your contents are always valuable and very much applicable. thank you, I want you to know that your works are much appreciated.

[@OrchardForex]

Thank you

[@vondarycrentsil9180]

Thank you man, I was basically waiting for such a video.

[@OrchardForex]

Glad I could help!

[@DittoSwitz]

This is superb 100%

[@OrchardForex]

Thank you

[@IanKayCey]

Thank you Orchard. Another Gem.

[@OrchardForex]

My pleasure!

[@startatrix]

Thanks so much. This is exactly what I was looking for. I'm still learning MQL5 and trying to put the pieces together. Love your videos. Could you please share the source code with the changes mentioned in the video. Keep up the great work

[@OrchardForex]

The source code for the original is available for download. For the changes you will have to follow along with the video.

[@yusufincemizrak730]

Hi Dear,did you compile whole codes?

[@XaviAndreu]

Thanks a lot for share

[@OrchardForex]

My pleasure

[@kurisa12]

Hello Orchard, thank you for these videos. Are you going to do a video on Order Blocks?

[@alexandravoicu6870]

Great tutorial, as always. Thank you! How can we use the breakout/pullback system at a simple support/resistance level? How can we define conditions to determine if a breakout or pullback has occurred, without relying on a time variable?

[@OrchardForex]

Without relying on time at all the only thing you can check is price moved outside then back inside, and that could be on the next tick.

[@alexandravoicu6870]

@@OrchardForex, thank you!

[@elijahchauke8021]

Great content, thanks for sharing your knowledge

[@OrchardForex]

My pleasure!

[@ch3f5956]

Orchard, your videos are invaluable. Thank you very much for taking the time to teach your skillset. Now, an elementary question (and please feel free to direct me to any video which may assist), is there a simple way to make the tp/sl ratio a variable input? I recall that the tp/sl ratio was formerly set to 1:1. Thank you again for all of efforts and assistance.

[@OrchardForex]

It's in the playlist linked to the video. kzbin.info/www/bejne/bnnCh6N4ltmShLs

[@Crusadex1995]

This is beautiful

[@OrchardForex]

Thank you

[@korekobayleir9473]

I cant use ShowRange whats problem my code?

[@donbangert]

Excellent!

[@OrchardForex]

Thank you

[@DeviCube]

thanks

[@TheCyberklutz]

Thanks for this functionality. Really makes a big difference to the strategy. Quick question: Is your link to the website broken? Can't access the files there. Also, not on GitHub. Thanks.

[@OrchardForex]

Yes it was broken, should be ok now.

[@TheCyberklutz]

@@OrchardForex You're an absolute star. Thanks for always being so responsive and for a real quality channel. They are far and few between these days.

[@Gameshow_360]

the code is not working. Could you update?

[@tahaminnigar7425]

Do you explain Breakout probability indicator of (Tradingview), i want to use it at mt4 but fail, can help me

[@OrchardForex]

No, I have never looked at the tradingview breakout probability indicator. There are a lot of indicators on tradingview and most are just not worth investigating.

[@NebojsaSladoje]

ShowRange isn't defined. Where should it be defined so that EA would show as yours. I didn't see where did you define it. Please help out.

[@OrchardForex]

I mentioned in the video, it is not part of the expert and I didn't show the code, it is only added to help with the demonstration.

[@cvzyl]

Hi, I'm just getting started with MQL5 programming and found your video very helpful. I found the source code on Github and copied that into MetaEditor. I saved the .mqh file in the Include folder and then tried compiling the .mq5 file but I get a whole bunch of errors. It almost looks like the .mqh file is not included. What could be the reason for this? Should it be possible to simply compile the source code from Github or do I have to do some stuff before it is usable? Thanks for the great videos.

[@OrchardForex]

The mqh file should be in the same folder as the mq5. Put files in the same folder where you find them on github.

[@45fletch1]

@@OrchardForex hi orchard i tried this but i get compile errors could you let me know what im doing wrong, i am using mt5 so i created the folders just like they are in github but i get 16 errors stating that trade.mql cannot be found in c drive

[@arthurmcalister1454]

@@45fletch1 Trade.mqh is supplied with MT5. If it cannot be found your MT5 installation has a problem or you have not set the path correctly

[@amirhoseinabbasi1494]

hello and thank you for your content. how do i can get the codes?

[@OrchardForex]

Follow and copy from the video

[@emkyuelprog5880]

Thank you Orchard. is there a way to only load/draw objects [mainly text objects] via visible bars only and not draw all objects at once, making the platform slow because of too many objects drawn. does the solution to this involve via making classes, chart events, or recalculate based on the current start of the visible bars.

[@OrchardForex]

It can be done but far too complex for a simple comment reply.

[@emkyuelprog5880]

@@OrchardForex Good Day Orchard! Thank you for your reply. I am just a beginner in programming MQL4, and managed to program some simple indicators. No trouble using the 5 Drawing shape styles, but the challenge comes when i tried displaying texts for each bar available on the chart, if you load this type of indicator "Online" MT4 platform lags with just 1 open chart. If only i can make my indicator to only display objects based on visible bars and ignore the not seen data bars, i think MT4 platform will not lag.

[@OrchardForex]

@@emkyuelprog5880 The reason why you want to do this does not affect the complexity of the answer. It is still too complex for a simple comment response.

[@emkyuelprog5880]

@@OrchardForex I understand. Well I am still hoping you'll make a program/demonstration like this in your future videos. Thank you.

[@solaris4015]

Orchard, how can i compare if two candle tops are equal ? I want to make an EA, and there is a part to it thatI want a resistence line to be drawn between two touching candles ( I mean, the top of a candle and its next one). Thanks for the patience !

[@OrchardForex]

Maybe try this. kzbin.info/www/bejne/o3bEmqiorJpprbs

[@solaris4015]

@@OrchardForex Thank you so much for your goodwill and patience !

[@solaris4015]

@@OrchardForex Also, do u have any good videos on anything about double tops ? I can't seem to find any

[@OrchardForex]

@@solaris4015 Nothing like that.

[@jonathanmiles3806]

compiled correctly but won't execute trades, anyone else running into this problem or have any suggestions?

[@makeit707]

Would be great to do this for a certain signal… if an indicator gives an arrow then do this…

[@OrchardForex]

Just substitute the arrow for crossing the break line.

[@The.Oh1183]

Thank you for sharing! I am struggling coding the breakout and retracement back into the last high/low. I'm unsure how to keep the last high/low without it updating to the current breakout bar. For example: find the last high/low with a 5 bar shoulder, wait for the breakout candle close past that high/low, and trade the retracement. I'm able to code most of this, but when it breaks high, the previous high updates to the current high, even with the 5 bar shoulder requirement. Do you have any advise or maybe a previous video I may have missed? Thank you!

[@OrchardForex]

Store the high/low as it was when you opened the trade in a global or static variable.

[@The.Oh1183]

@@OrchardForex I will try this. Thank you for sharing your knowledge!

[@PolyuhovSA]

Hello!. Archive 220924_range_breakout_expert archive contains other files. Please update archive. Now in the archive are Experts/Orchard/Time Range Breakout.

[@OrchardForex]

There is no public archive for this video. I know the description has a note web and download, that was a mistake, but there is no link to a repo for this code.

[@weesintan3199]

trade.mph file and ShowRange function are missing, advise pls..

[@OrchardForex]

Trade is supplied with metatrader. The other functions are in the earlier video.

[@weesintan3199]

@@OrchardForex trade.mph is with metatrader 5 only? I'm using metatrader 4.. ShowRange function is not in the original source code

[@OrchardForex]

@@weesintan3199 and Trade.mqh is not used in the mt4 version of this expert. And I said in the video that I only added showrange to help visualise the demonstration, it is not part of the expert.

[@yusufincemizrak730]

"CloseAll" and "OpenTrade" functions have error as "Function not defined" PLS Help.

[@OrchardForex]

This video is part of a series, did you follow the earlier videos?

[@yusufincemizrak730]

@@OrchardForex didnt see earlier parts,tryin to find missing part

[@yusufincemizrak730]

@@OrchardForex could you please share link of earlier parts,thank you so much.

[@yusufincemizrak730]

@@OrchardForex sorry to disturbe you but i couldnt copile it,could you please provide compiled ex4,Thanks in Advance.

[@OrchardForex]

@@yusufincemizrak730 There is a link to the playlist in the description

[@Tchiffer]

Omg this stuff is difficult 😢

[@yusufincemizrak730]

Hi Guys,anyone could compile ? if you compiled could you please share the codes???

[@chandraam]

can i get the Source code ?

[@OrchardForex]

Only by copying from the video. The original source without retracement is available, links with the earlier video.

[@chandraam]

@@OrchardForex thx master

[@makeit707]

I copied the scripts but when i compile i get a lot of errors is this normal

[@vietnguyen9430]

Thank you for the video. error CloseAll()

[@OrchardForex]

CloseAll is one of the functions in the video, you might have missed it.