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PZ Daily Breakout EA MT5

This EA trades daily breakouts placing bidirectional pending orders using the last day's trading range -or using market orders, as desired-, provided these price levels have not been yet tested. It offers many trading behaviors and flexible position management settings, plus a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Implements a martingale and inverse martingale features
  • Trading is NFA/FIFO Compliant
  • Built-in money management

Four different trading behaviors are available in the EA inputs:

  • Regular: The EA will buy at yesterday's high and sell at yesterday's low
  • Inverse: The EA will buy at yesterday's low and sell at yesterday's high
  • Only Buy: The EA will buy at both price levels
  • Only Sell: The EA will sell at both price levels

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade


Input Parameters

  • Trading Settings - Select trading behavior: regular, inverse, only buy or only sell.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, break-even behavior, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale and inverse martingale behavior. Trading can be NFA/FIFO compliant if selected.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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Evgenii Aksenov
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Klondike EA MT5
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Dmitrii Golubev
ONLY 1 COPIES OUT OF 10 LEFT AT $499 The most reliable and secure gold adviser. Still in doubt to buy it or not? Then just have a look at the live signals of Klondike expert Advisor. If this did not help, just text to the people who left reviews, find out from them about trading, maybe then you will stop wasting your time fearing scammers at every corner   Next price $599  ====> Live Signal Conservative Risk:  https://www.mql5.com/en/signals/954865  ====> Live Signal Aggressive Ri
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Stock Trader Pro MT5
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Ivan Pochta
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Future Scalper MT5
Future Scalper MT5
Karolis Vaicekauskas
Future Scalper MT5 robot is fully automated scalper. No need for additional skills of trading to use this robot, so everyone will know how to use this robot, because robot already has settings for trading, also robot has clear input menu. This robot is based on Bollinger bands and Envelopes indicators. Robot trades at night when market is more flat. In this way, there is less risk to get trade during big movements. The robot doesn't use any risky strategy elements for trading, so your deposit is
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BlackQueen
BlackQueen
Mikhail Sergeev
Easy start: Everything is already set up. The minimum deposit is $ 50. User-friendly interface. BlackQueen   is a fully automatic, professional trading system. Stable entry points based on global price movements. Multi-currency trading, the ability to choose a strategy, unlimited customization potential for any trading tools. ️  The Expert Advisor implements 3 trading modes  ️ Auto - 7 pairs:   Multi-currency trading from one chart, using 7 currency pairs. No configuration required. Thi
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Naragot Portfolio MT5
Naragot Portfolio MT5
Alexander Mordashov
One-time flash SALE promo: only 10 copies available at $299! 5 copies left   out of 10 Next price --> $399, after the sale price will return to $499 This EA is a professional portfolio of trend-following multicurrency trading systems based on principles of volatility breakout and breakouts of support/resistance levels. Consists of 7 strategies chosen from a pool of many other which I trade myself   for a long time on real accounts with significant money on them MT4 version : https://www.mql5.co
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Joker EA mt5
Joker EA mt5
Evgenii Aksenov
Only 9 copies left for $299. Next prise is $399 I'm Evgeny Aksenov, I have been a developer of indicators, EAs and utilities for Meta Trader 4 and 5 since 2004 Based on my experience I can say that the concept of successful trading is mathematical predictability of trading results Too complicated trading robots don't guarantee better reliability, as they have lots of parameters affecting trading at a given time, which makes it difficult for most traders to understand and sett up these robots
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EA Golden Elephant MT5
EA Golden Elephant MT5
Vitali Vasilenka
Anger conquers fear from Thomas Shelby   LAST 2 OUT OF 10 COPIES AT $ 149 PRICE. The next price will be $ 249   The Expert Advisor cannot be tested on history due to the complex algorithm of actions for calculating volumes The intelligent algorithm of EA Golden Elephant  accurately determines the trend for the XAUUSD (Gold) trading pair, filters out market noise and generates entry and exit signals.  The Expert Advisor has aggressive management and trading methods, which allows you to g
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EurUsd Trend Hunter
EurUsd Trend Hunter
Salvatore Caligiuri
V6.1 Changelog: - As requested, strategy parameters are customable again - All automatic settings has been removed, now the expert is fully customable - Activated Fast recovery function - Small code errors solved Read carefully description and blog page for all details. Please report any bug at info@qfxteam.com New set file for USDSGD pair M5 timeframe: click here to download - Backtest report: click here . Thanks to user Oliver for the new set! Performance monitoring: MQL5 Sign
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GridMartin Conqueror MT5
GridMartin Conqueror MT5
Konstantin Kulikov
The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download sets in comment   #5:  https://www.mql5.com/en/market/product/64329#!tab=comments&page=1&comment=22166007 Monitoring:  https://www.mql5.com/en/signals/author/test-standart   Pay attention to the useful information in my profile:   https://www.mql5.com/en/users/test-standart Version for MT4:  https://www.mql5.com/en/market/product/32758 Highlights to pay attention to During live operation of the expert the GM
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True Range Pro MT5
True Range Pro MT5
Smart Forex Lab.
SALE 40% OFF ROI #1 in ZuluTrade TOP   Accurate Night/Intraday Scalping & Smart Grid System Expected perfomance 5-10% / mo (eurusd M5) 20-40% / mo (gbpusd M1) Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Optimized in 2016-2020 ( Weltrade  100% history quality) Backtesed in 2010-2020  ( Weltrade  100% history quality) True Range Pro MT4 >>  https://www.mql5.com/en/market/product/54575 Set fi
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Three in One
Three in One
Petros Shatakhtsyan
"Three in One" is a multifunctional trading robot for MT5, with automatic parameter settings ( Netting and Hedging ).  For MT4:   https://www.mql5.com/ru/market/product/36687 It is designed for both professionals and beginners. The program works in 3 modes: Robot , Advisor , Indicator . 1. Robot - works fully automatically, without intervention   (  Automatic  mode ) 2. Advisor - it tells you when and what operation to do, using the SELL, BUY and CLOSE buttons. ( Manual mode ) 3. Indicator for m
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Marcel Bühler
1090
Marcel Bühler 2021.03.04 22:12 
 

Fluctuates heavily, nothing for my small money heap.

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Version 3.2 2019.02.20
- Bug fix in pending orders