AW Breakout Catcher EA MT5

Important information:

Benefits:

• Works on all types of trading instruments and on any timeframe
• Has the function of working on time, limiting slippage and maximum spread
• Easy setup and intuitive panel interface
• Suitable for tracking positions opened manually
• Various customization options StopLoss and TakeProfit
• Optionally can use averaging

Input settings

MAIN SETTINGS - the main settings of the advisor

• Success Rate - The success rate for opening an order. If the indicator is less than you specify, the advisor will not open an order
• Order lots - Order volume to open
• Enable Autolot calculation - Use automatic lot calculation. This function allows you to save the risk settings when changing the deposit
• Autolot deposit per 0.01 lots - Deposit volume for every 0.01 when using autolot

STOP LOSS TAKE PROFIT SETTINGS

• TakeProfit Mode - Select a take profit strategy:
• Close position on TP1
• Close position on TP2
• Use TP in Points
• TakeProfit in Points (if used) - Fixed StopLoss for each individual order
• StopLoss Mode - Choosing a StopLoss strategy:
• Exit on opposite signal
• Use Fixed StopLoss
• Use SL from Indicator
• Without StopLoss  
• StopLoss in Points (if used) - Fixed StopLoss for each individual order

GRIDS SETTINGS

• Use grids - Use order baskets opening
• Step between orders - A variable that regulates the step between orders, measured in points
• Multiplier - Multiplier for orders. Each subsequent order opened by the Expert Advisor in the order grid will be larger than the previous one by a given coefficient
• Orders Number Limit - Maximum number of orders of one direction in the basket

  BREAKOUT CATCHER SETTINGS

• Range filtering - Coefficient for filtering market ranges . The more, the less the sensitivity of the indicator signals
• Amplitude - The number of bars used to calculate the algorithm , the more, the less sensitivity of the indicator signals. The more, the less the sensitivity of the indicator signals, the less, the more the sensitivity of the indicator signals
• TakeProfits target - Coefficient for goals   TakeProfit   1 and   TakeProfit   2 . The higher the multiplier, the more profit from one trade, but the lower the percentage of signal success
• StopLoss Mode - Variable defining strategy   StopLoss
• StopLoss target - Multiplier for   StopLoss . The higher the value of the variable, the further from the opening price will be located   StopLoss
• Maximum bars - The number of bars for calculating statistics

• Work on time
• Start time
• End time

NOTIFICATIONS SETTINGS - section for setting notifications

• Send push notifications when close orders
• Send mails when close orders
• Send alerts when close orders