NEXA Breakout Guard Pro
- Experts
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Park Seongcheon
Hello,
My name is Park Sung Chan, a developer specializing in MetaTrader 5 algorithmic trading systems.
I design and research long-term, reliable automated trading models based on the structural characteristics and statistical patterns of financial markets. - Version: 1.0
- Activations: 5
NEXA Breakout Guard Pro
NEXA Breakout Guard Pro is an automated trading system designed to identify trading opportunities during price breakout conditions. The system evaluates market structure, volatility, and momentum, and executes trades only when predefined conditions are met.
Key Features
- Breakout Detection
Identifies potential trading zones based on price movement beyond defined levels or channels. - Trend and Momentum Filtering
Uses moving averages, momentum indicators, and volatility metrics to assess market direction and strength. - Volatility-Based Risk Management
Applies ATR-based stop loss and take profit levels to adapt to changing market conditions. - Trade Condition Control
Restricts trading based on time filters, spread conditions, and overall market environment. - Automated Position Management
Manages positions using predefined stop loss, take profit, and trailing mechanisms.
Input Parameters
The input parameters are organized into logical groups:
- General Settings: symbol selection, magic number, buy/sell permissions
- Risk Settings: risk percentage or fixed lot size
- Strategy Settings: trend evaluation and entry conditions
- Filter Settings: time, spread, and market condition filters
- Exit Settings: stop loss, take profit, and position management
All parameters include default values and can be adjusted based on user preferences.
How It Works
The system operates through the following steps:
- Market Analysis
Evaluates trend direction and volatility to determine whether trading conditions are suitable. - Entry Validation
Confirms breakout and indicator-based conditions before generating a trade signal. - Order Execution
Places trades automatically based on defined risk parameters. - Position Management
Manages open trades using stop loss, take profit, and trailing logic.
Environment
- Designed for MetaTrader 5 platform
- Delivered as a compiled EX5 file
- Operates independently without external libraries or connections
Notes
- The system is designed to trade only under specific market conditions, and trades may not occur continuously.
- Trading frequency and results depend on parameter configuration and market behavior.
- Continuous monitoring of market conditions is recommended when using automated trading systems.
