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ACB Breakout Arrows EA MT5

This is a 100% automated expert advisor based on our custom indicator named "ACB Breakout Arrows". The entries are based on a breakout pattern that constantly occurs in a bi-directional manner. The intensity of entry signals can be manipulated using the external input called "Signal Sensitivity".

MT4 Version is available here https://www.mql5.com/en/market/product/35769


Trades Confirmation

ACB Breakout Arrows EA provides an ability to filter the entries using our another custom indicator named ACB Trade Filter.

  • Strong Buy: Up Arrow + Green Histogram + Bullish Trend.
  • Strong Sell: Down Arrow + Red Histogram + Bearish Trend.
  • EA avoids a trade if the histogram is Gray and Trend is Sideways.
EA loads all indicators and dependencies in the background. Indicators will not be visible on the chart.


Key Features

  • Anticipated from a long time, now you can go fully automated with our ACB Breakout Arrows indicator.
  • ACB Trade Filter indicator also embedded in the EA to simulate the complete trading system.
  • No additional download is required. Indicators and dependencies are embedded in the EA.
  • Ability to fetch the stoploss and profit targets directly from the indicator.
  • Further boost the EA performance using the inbuilt filters like Session-Filter, MMI, Vortex, Volatility, Market Regime and more.
  • Three stages partial closing to capture the available profits on the able at the right moment.
  • Flexible stoploss trailing to prevent the winners from turning into losses.
  • Protection against the black swan events using the max. loss function.


Input Parameters

  • ----- Configure Trade Settings -----
  • Lot Size Method:  Fixed Lot Size | Auto Lot Size
  • Risk Per Trade: Risk percentage per trade.

  • ----- Set Indicator Parameters -----
  • Signal Sensitivity:  A value between 20 to 100 which decides the intensity of breakout arrows.
  • Bars for SL:  Number of bars that decides the stoploss line placed by the indicator.

  • ----- Choose Exit Settings -----
  • Use Stoploss:  true | false
  • Stop loss Method:  Pips | Volatility | From indicator
  • Use Take Profit:  true | false
  • Take Profit Method:  Pips | volatility | Quick Profit | First Target | Final Target
  • Use SL Trailing:  true | false
  • SL Trailing Method:  Pips | Volatility

  • ----- Set the Filters -----
  • Trading Sessions:  All | Asian | London | New York | Asian-London | London-New York | New York-Asian
  • ACB Trade Filter:  True | False 
  • Trend Filter:  True | False 
  • Volatility Filter:  True | False 
  • Vortex Filter:  True | False 
  • MMI Filter: True | False 

  • ----- Miscellaneous Settings -----
  • Max Loss Protection:  True | False 
  • Logging:  True | False  (EA logs all its operation in the journal tab)
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Experten
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Version 1.6 2023.04.18
-recompiled.
Version 1.5 2019.12.29
- added compatibility to trade mini-index Bovespa WING20
- added day trading filter
- new profitable set files for FX pairs.
Version 1.2 2019.11.04
- added a true/false switch for exit on opposite signals.