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Extreme Breakout EA MT4

5

The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required.

Designed for USDJPY.

Features

  • Fully automated
  • Not sensitive to spread, high pip/low lot trades
  • No trades held overnight
  • Risk Money Management
  • Works on any account size
  • Always a stop loss in place
  • Only one trade open at any time per pair
  • Hedge and Net account compatible
  • This system is NFA/FIFO compliant
  • No Grids
  • No Martingale
  • $100 minimum account balance per pair
  • 1:30 minimum leverage, 1:100+ recommended
  • One chart per pair

Input Settings

  • MagicOrderNumber - Unique identity integer for the EA.
  • Lots - Lot size if MM is off. Values 0.01 to 200.0.
  • Slippage - Slippage in points. Values 1 to 10.
  • MoneyManagement - Turn on for MM auto lot size, true/false.
  • MoneyManagementRisk - Risk per trade if MM is on. Values 0.01(1%) to 0.1.
  • AllowNewTrades - Turn on to allow trading, true/false.
  • AccountProfitLock - Limit maximum draw down if MM is enabled (0.5 = 50% of account balance). Values 0.0 to 1.0.
  • TimeFrame - Timeframe selection that EA will use to trade.
  • MaxSpread - Max spread in pips that the EA will trade. Values 1.0 to 10.0.
  • TakeProfit - The take profit (0 disables) - Values 0 to 4000.
  • TakeProfitD1ATR - Take profit based on ATR (0 disables) - Values from 0.25 to 1.5.
  • GMTOffsetHours - GMT offset in hours for your broker's time zone - Values -12 to 12.
  • StartHour - Start bar hour - Values 0 to 24.
  • StartMin - Start bar minutes - Values 0 to 59.
  • EndHour - End bar hour - Values 0 to 24.
  • EndMin - End bar minutes - Values 0 to 59.
  • PreviousBarsForBOBox - Previous bars to use for the breakout box from start bar - Values 1 to 10.
  • BOBoxGap - Increase of breakout box size in pips - Values 0 to 10.
  • TrailingBars - Number of bars for trailing stop (0 disables trailing stops) - Values 0 to 10.
  • MinTrailingStopLoss - Minimum trailing stop loss size in pips - Values 0 to 50.
  • DeleteInactiveStopOrder - If enabled only trades breakout in one direction, true/false.
  • InvisibleStops - Enable to close positions using market orders, true/false.
  • EmergencyStopOffset - The offset in pips from the inivisible stop loss for the trade stop loss. Values 10 to 50.
  • BreakEven - When enabled, performs a break even, true/false .
  • BreakEvenStartPips - Pips in profit to perform the break even. Values 1 to 100.
  • BreakEvenPips - Stop loss pips when performing break even. Values 1 to 10.
  • BreakEvenBars - Number of bars of clearance of BreakEvenStartPips before performing breakeven, zero disables bar count feature. Values 0 to 10.
  • AdvancedExit - When enabled, uses ATR to adjust the take profit, true/false .
  • AdvancedExitThreshold - Maximum number of pips of profit that the advanced exit is active. Values 1 to 100.
  • AdvancedExitTiming - Minutes from the end bar, should be set to a bar time to work, e.g. for M30 timeframe 30,60,90 would work. Values 0 to 1000.
  • AdvancedExitATRPeriod - ATR period for the advance exit calculation. Values 1 to 100.
  • AdvancedExitATRMultiplier - ATR multiplier for the advance exit calculation. Values 1 to 10.
  • TradeOnSunday - Enabled trading on Sunday, true/false.
  • TradeOnMonday - Enabled trading on Monday, true/false.
  • TradeOnTuesday - Enabled trading on Tuesday, true/false.
  • TradeOnWednesday - Enabled trading on Wednesday, true/false.
  • TradeOnThursday - Enabled trading on Thursday, true/false.
  • TradeOnFriday - Enabled trading on Friday, true/false.


Reviews 1
Bernard Comas
70
Bernard Comas 2018.06.18 17:04 
 

Good strategy !. Recommendable 100%

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Luna
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Supply Demand EA Pro
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SUPPLY DEMAND EA PRO is offering a new way to trade any Financial Instrument you want. It is based on MTF Supply Demand indicator with much more features that are going elevate your trading experience and skyrocket your profits. You have the posibility to place Limit & Market Orders by ONE-CLICK . The EA is going to adjust the Lotsize of any trade automatically and it is going to manage the StopLoss at half or at BreakEven. My intetion was not to create an EA that will place random trades on all
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Waiting Night MT4
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R Factor EA
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R FACTOR Multi Strategy Expert Advisor with Proprietary Dynamic Portfolio Management System After 4 years of development and more than  3  years  of real positive results , R Factor is available for MQL5 community! It has always been important for us that the strategies performed positively for the creator before it could be shared.   Skin In The Game  is essential to demonstrate the belief in the strategy and also to provide a continuous improvement of it. Anyone who has been in this marke
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Live Monitoring , For Join the signal channel, link in my profile bio Brief about, gold/XAUUSD? Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Most commonly quoted in US Dollars is (XAU/USD). All the times in Forex, Hedge funders and big kids use gold to hedge their basket from market risk. and they use this gold as a hedge. For this reason, gold holds value well and makes it a reliable safe have
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Bernard Comas
70
Bernard Comas 2018.06.18 17:04 
 

Good strategy !. Recommendable 100%

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Version 1.10 2020.03.31
Added StopLossMinPips & StopLossMaxPips options.
Version 1.9 2020.03.29
Added TakeProfitRiskRatio, TakeProfit50RiskRatio, TakeProfit50BreakEven & CandleOpenEntry options
Version 1.8 2019.08.17
Added AdditionalStopLoss option.
Version 1.7 2019.07.08
Added TrailingStopTimeFrame, TrailingStopPSARStep & TrailingStopPSARMax. Added TrailingStopType options TRAILING_PSAR & TRAILING_LOW_HIGH.
Version 1.6 2019.04.30
Added PositionComment option.
Version 1.5 2019.02.14
Added SmartClose options.
Version 1.4 2018.08.07
Reduced sensitivity of margin check for trades to allow for new ESMA margin restrictions.
Version 1.3 2018.07.19
Added breakeven option, advanced exit option and week day filtering options.
Version 1.2 2018.06.25
Added invisible stop loss option.