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Extreme Breakout EA Lite

FREE

Published: 16 February 2019

Current version: 1.10

Extreme Breakout EA Lite

3.75

Experts
Robots4Forex Ltd
Version: 1.10
Updated: 31 July 2020

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.

View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

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.

more...

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!

6744

Miguel Jimenez Cordero 2021.04.03 13:17 #

Good job.

8664

sunnychow 2019.02.17 14:29 #

thanks for share

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The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate

FREE

The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more

FREE

The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://w

30 USD

The Flex Grid EA is a fully automated Expert Advisor that trades based on RSI. The EA trades using market orders with inivisible take profit and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD, USDJPY, EURUSD, USDCAD & GBPUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limite

FREE

The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea

FREE

The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I

FREE

The USDJPY Trader EA is an automated trend following system that is always in the market and trades using sell stop and buy stop orders with trailing stop losses to capture large movements in the market. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management and will work on any pair but works best on USDJPY M15. Vi

FREE

The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please no

FREE

The Candle Scalper EA is a fully automated Expert Advisor that trades based on price action. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom E

FREE

The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in

FREE

Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully

199 USD

FREE

Custom EA is a fully automated trading system designed to be customized to your specification in order to create unique trading strategies. This expertly coded EA is suitable for traders of all levels, from beginners to experienced traders. You can start trading using the built-in preset strategies or create your own using the fully customizable features. Custom EA uses an LSTM neural network with self-training capabilities to ensure the best performance. In addition, there are multiple preset s

199 USD

The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring

FREE

The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz

FREE

The Trend Venom EA is a fully automated Expert Advisor that trades based on Moving Average and RSI signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentr

FREE

Aeon is a fully automated Expert Advisor that trades multiple currencies. The EA trades using market orders and uses averaging to turn otherwise negative trades positive. This EA works best on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will

FREE

The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I c

FREE

The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/r

30 USD

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. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive

199 USD

The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More

30 USD

Filter:

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 .

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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!

6744

Miguel Jimenez Cordero 2021.04.03 13:17 #

Good job.

8664

sunnychow 2019.02.17 14:29 #

thanks for share

Version 1.10 2020.07.31

Version update

Version 1.9 2020.03.29

Added TakeProfitRiskRatio, TakeProfit50RiskRatio & TakeProfit50BreakEven options

Version 1.6 2020.03.25

Added CandleOpenEntry option.

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Reliability and usability
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