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Breakout Robot

4.5

Introducing the Breakout Robot Expert Advisor, a revolutionary tool designed to automate the highly sought-after EURJPY Breakout Strategy with unparalleled ease. This powerful EA features a simple yet effective system that effortlessly draws a box using high and low values between 22:00 - 02:00 GMT. It then automatically executes BUY/SELL orders when price breaks above/below the box, all optimized for the M15 time frame.

With complete customization capabilities, you have the flexibility to tailor the setup according to your preferences and run your own breakout strategy while adhering to the same rules. This makes the Breakout Robot Expert Advisor an ideal choice for traders of all levels of expertise. What sets this EA apart is its ability to filter breakout signals using popular indicators like CCI, RSI, Stochastic, and Moving Average, empowering you to trade like a seasoned pro.

Moreover, the profit protection system ensures that profits are locked in before trailing, providing you with peace of mind and minimizing potential losses. You also have the freedom to adjust the trailing step to suit your specific preferences, while each function can be easily enabled or disabled for optimal performance.


Parameters

  • Indicator Parameters
    • Start Time - Box begin time
    • End Time - Box end time
    • Session End Time - Trade session end time
    • Maximum Trade Range - Maximum box size by pips
    • Minimum Trade Range -Minimum box size by pips
    • Normal Box Color - Box color for normal trade range
    • Minimum Box Color - Box color for minimum trade range
    • Maximum Box Color - Box color for maximum trade range
    • Level Color - Color For Lines
  • Trading Parameters
    • Lots - Lot size.
    • Take Profit By Levels - Take profit by indicator levels
    • Take Profit By Pips - Enable/Disable take profit by pips
    • Take Profit - Take profit by pips
    • Stop Loss By Pips - Enable/Disable take profit by pips
    • Stop Loss - Stop loss by pips
    • Profit Protection - Enable/ Disable profit protection
    • Profit Protection Start In Pips - SL move in [x] pips
    • Profit Protection In Pips - SL move to [x] pips from order open level
    • Trailing - Enable/ Disable trailing
    • Trailing Start In Pips - Trailing start level by [x] pips
    • Trailing Step - SL move by [x] pips
    • Magic Number - Number for each symbol window and trade type that you run the EA simultaneously.
  • Basic Signal Filters - Trade range restrictions for open trades.
  • CCI Signal Filters  -  CCI indicator filter for trade signals.
  • RSI Signal Filters -  RSI indicator filter for trade signals.
  • Stochastic Signal Filters -  Stochastic indicator filter for trade signals.
  • Crossover Signal Filters -  Moving average crossover filter for trade signals.
    • Information Panel Display Parameters - Customization options for the information panel.
    Reviews 4
    Aravind Kolanupaka
    8860
    Aravind Kolanupaka 2020.11.27 22:41 
     

    Good EA

    EmilCarlsson
    164
    EmilCarlsson 2019.11.04 15:20 
     

    Forgot to add a review so here it comes. Easily the most stable and easy bot Ive ever used on mql5. My last 3 months results are 9%, 12%, 24% gain wich is absolute bonkers. This month Im currently up 1.7%. I run default settings with 0.01 lot per $50 (updated weekly). Hoovering around 70% winrate with a couple of big winners in there. Alot of bots on here is on cocain and overtrades like crazy while this one is 0-2 trades per day on avarage so if you are adrenaline junkie it might not be for you. I run another bot that has the single purpose of closing all trades at midnight (regardless of win/loss), this is becaus I dont want overlapping trades in different directions.

    Clear 5 star so far (3 months+ trading on VPN)

    CURTES
    146
    CURTES 2023.02.05 07:16 
     

    Hi, Could you pls add an option of risk percentage per capital? Thanks

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    CURTES
    146
    CURTES 2023.02.05 07:16 
     

    Hi, Could you pls add an option of risk percentage per capital? Thanks

    Thushara Dissanayake
    23878
    Reply from developer Thushara Dissanayake 2023.05.01 19:17
    Certainly! I can add an option for risk percentage per capital. Can you please provide more details about your specific requirements or how you would like this feature to work?
    Aravind Kolanupaka
    8860
    Aravind Kolanupaka 2020.11.27 22:41 
     

    Good EA

    Thushara Dissanayake
    23878
    Reply from developer Thushara Dissanayake 2023.05.01 19:18
    Thank you for the positive feedback!
    Matthew Todorovski
    13122
    Matthew Todorovski 2019.11.27 10:24 
     

    I see potential in this EA!

    I used a similar EA for Tokyo breakout on GBPUSD.

    Is it possible to adapt this EA for use on other currency pairs please?

    Hope you can also consider improving this EA to be one-chart / multi-currency trading!

    DISCLAIMER:

    My Review is my opinion. I am entitled to my opinion.

    I accept NO LIABILITY if you suffer any loss. I accept NO GRIEVANCE if you disagree.

    Abuse is against MQL5 policy: https://www.mql5.com/en/about/terms

    Thushara Dissanayake
    23878
    Reply from developer Thushara Dissanayake 2023.05.01 19:26
    I agree with you that the EA can be added to any chart, but it is important to note that the performance of the EA may vary depending on the currency pair and its specific market conditions. It is recommended to backtest the EA on the desired currency pair and conduct thorough analysis before using it in live trading. Additionally, it may be necessary to adjust the parameters or settings of the EA to optimize its performance on the new currency pair.
    EmilCarlsson
    164
    EmilCarlsson 2019.11.04 15:20 
     

    Forgot to add a review so here it comes. Easily the most stable and easy bot Ive ever used on mql5. My last 3 months results are 9%, 12%, 24% gain wich is absolute bonkers. This month Im currently up 1.7%. I run default settings with 0.01 lot per $50 (updated weekly). Hoovering around 70% winrate with a couple of big winners in there. Alot of bots on here is on cocain and overtrades like crazy while this one is 0-2 trades per day on avarage so if you are adrenaline junkie it might not be for you. I run another bot that has the single purpose of closing all trades at midnight (regardless of win/loss), this is becaus I dont want overlapping trades in different directions.

    Clear 5 star so far (3 months+ trading on VPN)

    Thushara Dissanayake
    23878
    Reply from developer Thushara Dissanayake 2023.05.01 19:24
    Thank you for sharing your experience with the bot! It's great to hear that it has been stable and easy to use, and has delivered impressive gains for you over the past few months. Your detailed description of your settings and results is very helpful for others considering using the bot. Lastly, it's interesting to hear about your use of another bot to close all trades at midnight to avoid overlapping trades in different directions. Thank you again for the thorough review and congratulations on your success with the bot!
    Reply to review
    Version 1.2 2023.05.05
    1. Product logo updated.
    2. Input feature added to control total orders per day.
    Version 1.1 2018.09.13
    1. Added new parameter to draw the box immediately.