Comments | Extreme Breakout EA Lite | Free Download Trading Robot (Expert Advisor) for MetaTrader 4

Market / MetaTrader 4 / Experts /

Extreme Breakout EA Lite

3.67

FREE

Published: 16 February 2019

Current version: 1.10

Didn't find a suitable robot?
Order your own one
on Freelance

Go to Freelance

How to buy а trading robot or an indicator

Run your EA on
virtual hosting

Test аn indicator/trading robot before buying

Want to earn in the Market?

How to present a product for a sell-through

Only users who purchased or rented the product can leave comments

1 2

Mark Penzer 2019.02.16 12:24 #1

Smart close set file for EURUSD (Same as default settings for Lite version).

Files:

ExtremeBreakout_EURUSD_M30_SC_v5.set 6 kb

Mark Penzer 2019.02.21 11:15 #2

Smart close set file for GBPUSD.

Files:

ExtremeBreakout_GBPUSD_M30_SC_v1.set 6 kb

Mark Penzer 2019.02.22 20:20 #3

Smart close set file for XAUUSD.

Files:

ExtremeBreakout_XAUUSD_M30_SC_v1.set 6 kb

Mark Penzer 2019.02.22 21:59 #4

Mark Penzer:
Smart close set file for XAUUSD.

Files:

ExtremeBreakout_XAUUSD_M30_SC_v2.set 6 kb

levsha_master 2019.03.02 21:08 #5

Hi Mark !!!

What is the minimum recommended deposit?

Mark Penzer 2019.03.03 01:18 #6

levsha_master:

Hi Mark !!!

What is the minimum recommended deposit?

£80 per pair minimum on a standard account with 0.01 lot positions. Have a look at my signal to get an idea on position size - https://www.mql5.com/en/signals/541230

startearning 2020.03.19 19:24 #7

Can this be set to only open a trade once a bar has closed outside the box?

Mark Penzer 2020.03.19 22:58 #8

startearning:
Can this be set to only open a trade once a bar has closed outside the box?

Not currently but could be added as an option. Please PM me with what you are trying to achieve.

startearning 2020.03.21 20:45 #9

Mark Penzer:

Not currently but could be added as an option. Please PM me with what you are trying to achieve.

PM sent! Thanks.

milneh 2020.05.19 14:09 #10

HI Mark - If my brokers time is 11am when its 8am GMT should the GMT offset be 3 or -3 in the settings?

Mark Penzer 2020.05.19 16:06 #11

milneh:

HI Mark - If my brokers time is 11am when its 8am GMT should the GMT offset be 3 or -3 in the settings?

No the offset should be 2 because it's summer time at the moment so your broker server is GMT+2 plus 1 hour for summer time, you ignore the DST when calculating the offset.

Timr89 2020.05.29 09:31 #12

Looks promising, I am testing the light version now.

What is the difference between:

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 - Number of previous bars to use for the breakout box from

start bar - Values 1 to 10.

Lets say for example I have(h1TF) start hour 4 end 6 and previous bars Would it measure the bars 0-4 and trade a breakout from that between 4-6?

Mark Penzer 2020.05.29 10:13 #13

Timr89:

Looks promising, I am testing the light version now.

What is the difference between:

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 - Number of previous bars to use for the breakout box from

start bar - Values 1 to 10.

Lets say for example I have(h1TF) start hour 4 end 6 and previous bars Would it measure the bars 0-4 and trade a breakout from that between 4-6?

StartHour is the candle hour the breakout positions are performed, EndHour is the hour the orders/positions are closed, StartMin and EndMin can be use to start/close mid hour, PreviousBarsForBOBox are the number of bars to calculate the breakout range. So for your example you would set StartHour to 6 and PreviousBarsForBOBox to 2 on the H1 time frame, EndHour is set to when you want the positions to close.

Krisma Freddy 2020.05.30 13:37 #14

Backtesting the light version using presets above but no trade at all

any suggestion?

Files:

tester.jpg 332 kb

Mark Penzer 2020.05.30 22:10 #15

Krisma Freddy:

Backtesting the light version using presets above but no trade at all

any suggestion?

You have spread set to current on a weekend when it's high, try setting it to a set value under the MaxSpread setting value which is in pips, tester value is in points.

ElisaP 2020.07.31 23:00 #16

your backtests are ridiculous

N / A quality is scam test you must present 90 99% quality

the profit factor must be> 4 (for slip & spread enlargements problem in to real etc)

gain work must be> 75%

i average loss trade <1 /2average profit

Files:

ice_screenshot_20200717-195427.png 64 kb

gbusd_1.png 59 kb

usdchf_4.90_003_multi_1.5.png 61 kb

bono_bono_1.png 64 kb

3rsi_eur_gbp.png 56 kb

3RSIM15_eurusd.png 62 kb

Mark Penzer 2020.08.01 11:51 #17

ElisaP:

your backtests are ridiculous

N / A quality is scam test you must present 90 99% quality

the profit factor must be> 4 (for slip & spread enlargements problem in to real etc)

gain work must be> 75%

i average loss trade <1 /2average profit

The tick data I use is from Dukascopy which is 99.9% quality, MT4 doesn't display the quality properly due to the script I use to import. Forward testing is more important than the backtests which is here: https://www.mql5.com/en/signals/author/robots4forex

MrQ 2023.01.23 17:51 #18

Hi there,

Is this ea still available..? I can't seem to download it,

Thanks!

Mark Penzer 2023.01.24 13:43 #19

MrQ #:
Hi there,

Is this ea still available..? I can't seem to download it,

Thanks!

Yes it's still available and you should be able to download it.

c3po 2023.06.05 16:30 #20

Hi there,

I have a question: why some stop orders (buy or sell) are automatically canceled and sometimes stop orders (buy or sell) are not set on some currency pairs ? Possibly which setting allows to change it ?

Can you explain it, please ?

Thanks.

Only users who purchased or rented the product can leave comments

1 2