Extreme Breakout EA Lite

3.67

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

Lite version is limited to 0.01 lots without money management.

Designed for the following pairs:
AUDCHF, AUDJPY, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCHF, USDJPY & XAUUSD

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 4
Mr Sorin Alex Muresan
146
Mr Sorin Alex Muresan 2021.10.03 11:23 

A good EA, with a lot of settings to upgrade it for your need. A fair price and good communication with the creator. Recommend!

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.04.03 13:17 

Good job.

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Anatoliy Lukanin
Written for currency pairs: GBPUSD, USDJPY, XAUUSD There is a built-in function to return the stop to its place after slipping, an example of slipping in the last screenshot., in a similar situation, the function tries to return the stop to the place indicated when placing the order. The number of transactions in the strategy tester, demo account, real account is almost the same, the result depends on: the size of the spread, slippage, Stop Level and the speed of execution of the broker. Availab
FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
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Bogdan Ion Puscasu
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Quantum King EA — Intelligent Power, Refined for Every Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Special Launch Price Live Signal:   CLICK HERE MT5 version : CLICK HERE Quantum King channel:   Click Here ***Buy Quantum King MT4 and you could get Quantum Queen X or Quantum Athena X or Quantum Commander or Quantum Emperor or Quantum Baron or Quantum OmniGold or Quantum StarMan for free !*** Ask in
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forexfinder7
53
forexfinder7 2023.02.08 16:52 

eur usd & gbp usd .. extreme breakout (lite) ea Expert with the basic sittings, its results are 80% lost after trying it for about two weeks with these two pairs at my real cent account .. The question is? should i put my private settings for this expert to work better ? .... Thanks .

Mr Sorin Alex Muresan
146
Mr Sorin Alex Muresan 2021.10.03 11:23 

A good EA, with a lot of settings to upgrade it for your need. A fair price and good communication with the creator. Recommend!

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.04.03 13:17 

Good job.

sunnychow
9083
sunnychow 2019.02.17 14:29 

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