Breakout of High/Low with a Re-test

[tfulls12]

Hi all,

I am struggling to build a Breakout re-test strategy. Simply, if the price breaks out of the previous low and then we see a retest, I was to create a sell order. Here is an illustration of what I am trying to accomplish.

I've successfully built a few other strategies on dreema but I have struggled to build this breakout and retest pattern. Any suggestions and feedback would be greatly appreciated!

[l'andorrà]

@tfulls12 This is an ambitious project because what can be easy to see on a chart for you and me as humans needs to be very accurately described for an EA. I strongly recommend you to find an indicator doing that instead of trying it yourself.

[tfulls12]

@l-andorrà that is what I was worried about. I've been trying to think through this for over a year and have made no headway. Is there a place you suggest I try to find an indicator that would be able to detect this kind of price action?

[l'andorrà]

@tfulls12 I cannot guarantee you will find exactly what you need but I would try on mql5.com. There you can ask for something like that.