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Breakout Hero

2.64

Breakout Hero is a Multi Symbol, Auto Timeframe, Breakout Expert Advisor. It recognizes breakout patterns and will set pending trades. When triggered Breakout Hero will monitor trades and adjust the stop loss.

Breakout Hero is a multi symbol EA, it will trade EURUSD, GBPUSD, USDJPY and USDCAD. Also, Breakout Hero is auto timeframe. Just drop Breakout Hero on any chart and start trading. Only one chart is needed, Breakout Hero will trade the symbols you pick from the settings. You can monitor your progress with the status monitor on-screen.


Quick Start

Drop Breakout Hero on any chart of any timeframe, set your risk preference and run it. You just need Breakout Hero on one chart only.


Settings

To keep things simple, Breakout Hero has only a few simple settings

  • Magic number - Magic number.
  • Show status monitor? - Set to true to show status monitor on your chart.
  • Show results for - Pick today, this week, this month or this year for the results in the status monitor.
  • Fixed lot size - Set to the lot size you want to use.
  • Use risk based lot sizing? - Set to true if you want your lot size to depend on your balance.
  • Risk percent - Set to the risk in percent of your balance per trade.
  • Trade EURUSD - Set to true to trade EURUSD, Breakout Hero will add any postfix your broker has.
  • Trade GBPUSD - Set to true to trade GBPUSD, Breakout Hero will add any postfix your broker has.
  • Trade USDJPY - Set to true to trade USDJPY, Breakout Hero will add any postfix your broker has.
  • Trade USDCAD - Set to true to trade USDCAD, Breakout Hero will add any postfix your broker has.
  • Basket close on percent profit - Set to true to close all trades when the percentage profit has been reached.
  • Basket close on percent loss - Set to true to close all trades when the percentage loss has been reached.
  • Jump stop settings - Set to true to use a jumping stop to individual trades, the stop loss jumps each 'jumpin stop pips'.
  • Break even stop settings - Set to true to use a break even stop to individual trades, a stop loss is set to 'Break even pips' when 'Break even profit' is reached.
  • Trailing stop settings - Set to true to use a trailing stop to individual trades, trail the stop loss with 'Trailing stop pips' when 'Trailing stop minimum pips' is reached.
  • Basket jump stop percent - Set to true to use a jump stop for all trades, the locked percentage jumps each 'Basket jumping percentage'.
  • Basket break even percent - Set to true to use a break even for all trades, set the locked percentage to 'Basket break even percentage' when the 'Basket jumping percentage' is reached.
  • Basket trailing stop percent - Set to true to use a trailing stop for all trades, the locked percentage trails 'Basket trailing stop percentage'.


Free Demo

Breakout Hero will work in the Strategy Tester. However, only the symbol selected in the Strategy Tester is detected. This is a limitation of the Strategy Tester.


Odds & Ends

  • Breakout Hero is not resource hungry.
  • When backtesting in visual mode, please consider disabling the status monitor to speed things up.
  • You can delete pendings, close trades and adjust any stop loss or even add a take profit for any trade. It will not bother Breakout Hero.


Thank you

Do not hesitate to contact me. Let me know what you think of Breakout Hero. Only with your help, I can create better tools for MetaTrader 4.

Reviews 11
safetrader
473
safetrader 2018.06.14 18:41 
 

untill now very good

Mohamamd Rajaur Rahman
112
Mohamamd Rajaur Rahman 2018.06.05 14:26 
 

Rented the product yesterday based on it's great backtest result. Price is very very reasonable. I had the similar strategy in mind but couldn't find any EA until I saw breakout Hero. already look promising on Demo account. I will let it roll for a month and than update here again. I am hoping to purchase if result is good.

Morard Kevin
1506
Morard Kevin 2018.05.29 11:56 
 

Depuis la nouvelle version et le setfile de Paul, les résultats redeviennent bon

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Filter:
Daniel Strebel
733
Daniel Strebel 2022.02.01 16:18 
 

Nicht Brauchbar

philjfry
39
philjfry 2018.07.18 19:36 
 

За полтора месяца торговли на реальном счете слил 45 процентов депозита

hoseinezh
19
hoseinezh 2018.06.26 16:20 
 

useless just lost money in 2 weeks of trading for me. backtest is great but in real account it will lose

musallam
206
musallam 2018.06.20 10:33 
 

Started trading two days ago, out of 7 trades 6 losses and 1 win!! the account went down 7% by risking 2% per trade.

Today after 12 trades from day I started this EA I am almost breakeven.

Andrey Tsygankov
1595
Andrey Tsygankov 2018.06.14 23:32 
 

The author promptly corrects errors.

safetrader
473
safetrader 2018.06.14 18:41 
 

untill now very good

Francisco Guerra
522
Francisco Guerra 2018.06.14 15:51 
 

I do not recommend. Not lucrative. Too much time wasting. Loser Hero.

Friend Giuseppe Cacisi, in the back test running well, and in your account going bad, do you let EA keep losing in your account? I have patience to test any EA, but I do not have the money for that. I lost $ 40.00 n real account, for me it was enough. Now it will run until the end of the demo account rent.

I rented for three months, so far negative 8% in two weeks at 1% risk with all four pairs of active currencies. You are now in a demo account that will start today 2018.06.13 with a risk of 1%, if there are improvements to the end of the rent, you will have the stars you deserve.

I lost my money with the rent and lost with this EA in my real account.

Now I have a signal with a lucrative EA:

https://www.mql5.com/en/signals/451126

Giuseppe Cacisi
818
Giuseppe Cacisi 2018.06.14 15:20 
 

for now 2 stars because EA is not profitable. As soon as the developer will improve it I will put five stars.

DonkeyTrader
306
DonkeyTrader 2018.06.14 07:58 
 

Performing very poorly on a real account lost 35% since 4th of June (11 days since renting the EA) with risk 3 so it reflects the result Francisco Guerra below attained with risk 1.

I have reduced the risk to 1 and I will run it for few more weeks and report results. At the moment not looking very promising.

Mohamamd Rajaur Rahman
112
Mohamamd Rajaur Rahman 2018.06.05 14:26 
 

Rented the product yesterday based on it's great backtest result. Price is very very reasonable. I had the similar strategy in mind but couldn't find any EA until I saw breakout Hero. already look promising on Demo account. I will let it roll for a month and than update here again. I am hoping to purchase if result is good.

Morard Kevin
1506
Morard Kevin 2018.05.29 11:56 
 

Depuis la nouvelle version et le setfile de Paul, les résultats redeviennent bon

Reply to review
Version 1.3 2018.09.13
* Optimized Basket functions
* Small bug in broker pips functions resolved
Version 1.2 2018.07.06
Changes:
* Optimized symbol digits
* Added status message in monitor
* Added lock percentage in monitor
* Added basket close on profit percent
* Added basket close on loss percent
* Added basket jumping stop percent
* Added basket break even percent
* Added jumping stop
* Added break even stop
* Added trailing stop
Version 1.1 2018.05.09
Minor issue update. Changes are:
* Timeframe issue resolved. Run Breakout Hero on any timeframe.
* DPI check added, Breakout Hero now looks good on high DPI monitors also.