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Breakdown of the Flat

Breakdown of the Flat

The Breakdown of the Flat Expert Advisor is based on the level breakdown (maximum and minimum) for a specified period. The robot uses pending stop orders and shows good results on highly volatile news affecting a short-term (mid-term) trend direction.


Trader level: beginner, trader, experienced trader.

Leverage: 1:100 or higher.

Minimum deposit: $10 (1 000 cents) for cent accounts and $1 000 for USD accounts.

The robot can be reloaded within a day if the first pending orders were placed that day.

Settings and Inputs

By default, the EA has been optimized for trading EURUSD H1 for 4-digit quotes. To trade 5-digit quotes, multiply the inputs (3, 4, 6, 10, and 11) by 10.

----- Main settings -----

  • Lot - initial lot for a stop order
  • DigitsLot (decimal places) - lot rounding
  • TakeProfit (0 - no TP) - take profit (in points)
  • StopLoss (0 - no SL) - stop loss (in points)
  • K_Lot (multiplication of the Lot) - multiplying a lot in case of a loss-making deal
  • Slippage - slippage
  • Additive to STOPLEVEL - addition to a stop level (to guarantee placing pending orders, set > 0)

----- Data analysis ------

  • Bars for analysis - amount of the last bars for analysis (if 0, orders are placed according to the current price)
  • Order place time (Hour) - pending order placement time
  • Order price shift (pips) from High/Low price - shift from the channel to place pending orders
  • Maximum width of the channel (pips) - maximum channel width (no orders are placed if the channel is wider)


  1. Analyze active pending orders daily;
  2. Change the parameters if necessary;
  3. It is recommended that you close open positions on Friday evening.

You will not obtain a desired result in the strategy tester. Test the product on a demo or real account before purchasing it!

Good luck!

No reviews
Version 2.6 - 2015.12.10
+ Added the levels, upon reaching which pending orders are placed (the levels can also be support/resistance ones). If the levels exceed 0.0, time is ignored.
Version 2.4 - 2015.09.24
+ Added logging of the following events: buystop opened, sellstop opened, buy(sell) closed[SL], buy(sell) closed[TP]
+ Changed the algorithm of handling the closed[SL] and closed[TP] events
Version 2.3 - 2015.09.01
- Improved algorithm for handling events [sl/gap][tp/gap]