Breakout Intraday Expert

📚 Description

Breakout Intraday Expert Advisor

This EA is designed to identify high-probability trading opportunities when the price breaks above or below the previous week's high or low. It focuses on capturing strong momentum moves that often follow such breakouts.

💱 Recommended Pairs: GBPJPY | XAUUSD

"These pairs are selected due to their strong reactions around previous weekly highs and lows, making them ideal for breakout strategies."


📃 Parameters

  • Auto Start Bot
  • Risk per Trade (The amount of money to risk on each trade. Note: Lot size is calculated based on this amount.)
  • Daily Drawdown Limit (The maximum amount you’re willing to lose in a single day)
  • Maximum Drawdown Limit (The total allowable loss over the bot’s entire lifecycle)
  • Consecutive Losses (The number of losing trades in a row before the EA pauses or cools down)
  • Risk to Reward (Your preferred risk-to-reward ratio)
  • Use Breakeven (Option to use breakeven logic)
  • Use Trailing stop loss (Option to use trailing stop loss logic)

🛠️ How to Setup the Expert Advisor

Live Trading
  • Download EA and attach to your Chart
  • Fill EA inputs to achieve smart risk management
Back Testing
  • Ensure you set auto start input as "true"
  • Fill EA inputs

NOTE: Minimum starting balance $500 and above

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