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Pattern Breakout

Pattern Breakout is a Trading System developed in years of study and tests. The System works by identifying specific bars patterns (No technical analysis, No indicators) and enters at the Daily bar breakout with Swing trades. This System work with Stop & Reverse logic and/or Friday close. There're No fixed Take Profit and Stop Loss.


    Notes

    Load the correct Set file related to the Symbol you want to trade on (Set files are in the Comments). The EA is scheduled to close its positions on Friday, so No over-weekend. You’ll see the Stop Loss and Take Profit at 0: this is normal, the EA will close the positions when it detects the closing conditions. For this reason, it is important that the EA stays always active: I recommend to use a VPS because if the EA is inactive/unable to trade, the positions may not be closed at the appropriate time. 

    This EA is intended to be used like a portfolio. The EA can be activated simultaneously in more than one Symbol splitting the risk. The activation on several charts does not interfere with the other EAs, since each one is working on its own, put a different MagicNumber on each chart.

    What you will NOT find with this EA: No Martingale, No Scalping, No Hedging, No Internal Autolot (You manage Your Money Management).


    Advantages:

    • Optimized on 100% Real Ticks for the period 2018-2023
    • Stop & Reverse Logic with Swing strategy
    • No Over-Weekend, No indicator

    Requirements:

    • Trading pairs: CADCHF, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, US30 (DOW JONES), US100 (NASDAQ), USDJPY.
    • Timeframe: Not relevant, is set in the Input tab.
    • Trading conditions: Hedging ECN account with low spread.


    This is the launch price. Prices will go up soon!

    I hope you can appreciate my work, feel free to contact me without hesitation! I will reply as soon as possible

    Enjoy!

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    Enrique Enguix
    4.45 (11)
    Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial not to concentra
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    Fabio Cavalloni
    5 (6)
    All explainations about the strategy:  https://www.mql5.com/en/blogs/post/747470 Live signals:  Main account:  https://www.mql5.com/en/signals/1416185 Second account:  https://www.mql5.com/en/signals/2111323 Here I will explain only the EA inputs part. This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day! Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and experience I'
    Forex Workstation
    Maryna Shulzhenko
    Forex Workstation is a powerful and efficient bot for trading on the Forex market. It is designed to use patterns, price delay levels, volatility analysis and market scaling. This bot provides unique opportunities for automated trading and optimization of strategies on various currency pairs. Let's look at the features and settings of Forex Workstation: Peculiarities: Multi-currency : Forex Workstation supports a wide range of currency pairs for trading, which allows you to diversify your por
    AI Nodiurnal EA is an advanced Forex robot that leverages cutting-edge machine learning technology to optimize trading strategies and enhance performance in the dynamic foreign exchange market. The term "Nodiurnal" reflects its ability to adapt and operate not only during the typical diurnal (daytime) trading hours but also during non-standard periods, providing a continuous and adaptive approach to forex trading. Settings : Default settings on Currency Pair :  EURUSD H1 . Special setting is onl
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