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Ultimate Daily Breakout

Ultimate Daily Breakout Expert Advisor

Many trading stratergies look to trade daily trend swings by defining levels based on the previous day's high and low on the daily chart.

When these levels are broken, price tends to trend in that direction sometimes for 100s of pips.

This EA is a tool to both look for these patterns though backtesting and then after being found to trade them live.

The Ultimate Daily Breakout EA can be optimised for and used on any currency pair, commodity, stocks or shares that MT4 can display on a chart!

The 200 EMA may be used as a filter too to make sure we are always the correct side of the major trend.

Default settings are for GBPUSD at broker GMT+3 time.

It is essential that you backtest/optimise to your broker's timezone for each pair!

See the screenshots for suggestions on how to optimise!

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Best on Trendy Pairs like EURUSD, GBPUSD, GPBJPY, USDJPY, USDZAR, GOLD(XAUUSD) etc.

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Expert Inputs:

magic - Magic number used by the EA.

stoploss/takeprofit - Default SL and TP in pips if ATR based slfactor/tpfactor is set = 0.

maxspread - maximum spread EA is allowed to trade in pips.

MinCandleBodySizePips - Minimum previous day candle body size to allow a trade today in pips. This value is replaced by a calculated value if atrMinCandleBodySizeFactor is not 0.

MaxExtraCandleBodySizePips - Pips more than MinCandleBodySizePips for maximum candle body size to allow a trade (helps to filter out news events from previous day making false signals). This value is replaced by a calculated value if atrMaxExtraCandleBodySizeFactor is not 0.

MinPipsInCorrectDirectionToOpen -  Pips above the body high from yesterday price must reach before BUY is opened. Pips below yesterday's body low price must reach before SELL is opened (this helps to filter support/resitance bounces).

starthour - The beginning of time allowed for trades to be opened (e.g. open of NY Market time).

endhour -  The end of time allowed for trades to be opened (e.g. end of NY Market time).

buy/sellAbove/BelowMA - Allow trades to be opened above/below the 200 EMA line (so that you dont trade against the major trend).

atrMinCandleBodySizeFactor - Use the ATR on D1 chart to set MinCandleBodySizePips. If it is set to 0, use the number of pips set as MinCandleBodySizePips.

atrMaxExtraCandleBodySizeFactor - Use the ATR on D1 chart to set MaxExtraCandleBodySizePips. If it is set to 0, use the number of pips set as MaxExtraCandleBodySizePips.

slfactor - SL used for each trade multiplied by ATR. If set = 0, use stoploss as the stop loss in pips.

tpfactor - TP used for each trade multiplied by ATR. If set = 0, use takeprofit as the take profit in pips.

stoplevel - Minimum SL and TP allowed if slfactor or tpfactor is not 0.

trailingstop - Pips used in trailing stop. 0 means no trailing stop.

trailingstart - Pips in profit before trailing stop is started.

mm - Use money management for lot size calculation based on size of SL.

risk - Percent of account risk to use per trade if mm is true.

lotdigits - How many digits lot sizes are allowed to be if using a penny account on Forex, or when trading indicies/CFDs. Default is 2. Set to 1 if trading shares/indicies/CFDs.

ecn - Set true if you use an ECN / NDD account.

hidesl/hidetp - Hide the SL or TP inside of the EA if you dont trust your broker and think they are stop-hunting you.

slippage -  Maximum pips of slippage between when order sent and order opened by broker. 0 is no limit on slippage.

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IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
EA Black Dragon
Ramil Minniakhmetov
4.75 (265)
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller    Recommendations  Inputs Value  ·          Open new series – True/False – EA will open another series of
99 USD
Gold Harmonic MT4
Renate Gerlinde Engelsberger
3.8 (54)
At the request of the people, 5 copies are sold at the previous price  (1 people left) : Next price: $ 400 An expert based on harmonic patterns For gold in time frame 5 and 15 minutes With a large number of signals Has a TP and a SL Without the use of dangerous strategies such as martingales and hedges After purchasing this expert, send me a message to join the buyer group  Symbol  Gold  Timeframes  M5 , M15  Minimum  Deposit  Minimum tested capital: 250$   Brokers  Any broke
220 USD
Advanced Scalper
Profalgo Limited
4.07 (108)
MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 NEW PROMO:   ONLY 1 COPY LEFT 249$ PRICE AFTER PROMO: 599$ New: choose 1 EA as bonus! (limited to 2 trade accounts) !! READ SETUP GUIDE BEFORE RUNNING THE EA !!  ->  https://www.mql5.com/en/blogs/post/705899 Live results: - high risk ->  https://www.mql5.com/en/signals/413850 - high risk B ->  https://www.mql5.com/en/signals/1014766 - low risk ->   https://www.mql5.com/en/signals/701905 Advanced
249 USD
Market Pulse EA
Evgenii Golovanets
5 (1)
Market Pulse simple and most effective way to trade, a strategy that always works, breakout level trading. If you noticed that 90% of authors in MQL have real monitoring of their experts is rarely more than $100-$500. But in strategy tester, their EAs bring millions of dollars in profit. However, nobody asks why they sell these EAs, if they can become a millionaire in one year. I offer you a different approach to forex trading, a realistic one. An approach that is suitable for professionals who
1 000 USD
The Golden Coup
Roman Erokhin
4.27 (30)
Golden Coup EA is the most efficient EA on the market. I spent a lot of time and effort to make this software sophisticated with possibilities of high potential returns while keeping the drawdown below 20%. The algorithms of the robot provide investors of any level of training with an investment opportunity that is both safe and aggressive. Golden Coup EA imitating the work of the brain, capable of learning and adapting to changing conditions and predicting situations. When applied to trading i
699 USD
Zig Zag Ultimate
Antonis Michos
5 (2)
JOIN the new CHANNEL Huge Upgrade in: Conditions of entry.(The same as before plus some restrictions for even better). Added Buttons for Pause and Restart EA from chart. Added input for Pause EA based on number of positions and restart the EA based on candle of 4H chart if it is back on trend! Added input for Trail Money. Live Monitoring Telegram group here Welcome. Zig Zag Ultimate uses a top notch strategy based on Zig Zg indicator among with candle reversal patterns.
547 USD
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