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AW Breakout Catcher EA

4.5

Advisor trading on indicator signals AW Breakout Catcher,working on strategy breakoutof dynamic support and resistance levels. Orders have fixed StopLoss and TakeProfit. Optionally can use averaging. It has the ability to work on a selected period of time and three types of notifications. 

Advantages:

  • Works on all types of trading instruments and on any timeframe
  • It has the function of working on time, limiting slippage and maximum spread
  • Easy setup and intuitive panel interface
  • Suitable for tracking positions opened manually
  • Various customization options Stop Loss and Take Profit
  • Can optionally use averaging

Instructions and description -> Here / MT5 version -> Here 

Input settings:

Main settings

Success Rate - Success rate for opening an order. If the indicator is less than you specify, then the adviser will not open an order

Order lots - Order volume to open

Enable Autolot calculation - Use automatic lot calculation. This feature allows you to save risk settings when changing the deposit

Autolot deposit per 0.01 lots - Deposit amount per 0.01 lots when using autolot

Stop Loss Take profit settings

TakeProfit Mode - Choose a take profit strategy:

Close position on TP1

Close position on TP2

Use TP in Points

TakeProfit in Points (if used) - Fixed StopLoss for each individual order

StopLoss Mode - Choice of StopLoss strategy:

Exit on opposite signal

Use Fixed StopLoss

Use SL from Indicator

Without StopLoss

StopLoss in Points (if used) - Fixed StopLoss for each individual order

Grids settings

Use grids - Use open order baskets

Step between orders - Variable that regulates the step between orders, measured in points

Multiplier - Multiplier for orders. Each subsequent order opened by the EA in the grid of orders will be larger than the previous one by this coefficient

Orders Number Limit - The maximum number of orders of one direction in the basket

Breakout catcher settings

Range filtering - Coefficient for filtering market ranges. The more, the less the sensitivity of the indicator signals

Amplitude - The number of bars used to calculate the algorithm, the more, the lower the sensitivity of the indicator signals. The more, the less the sensitivity of the indicator signals, the less, the greater the sensitivity of the indicator signals

TakeProfits target - Coefficient for the purposes of TakeProfit 1 and TakeProfit 2. The higher the multiplier, the more profit from one trade, but the lower the percentage of successful signals

StopLoss Mode - Variable defining the StopLoss strategy

StopLoss target - Multiplier for StopLoss. The higher the value of the variable, the further from the opening price the StopLoss will be located

Maximum bars - Number of bars to calculate statistics

Working time settings 

Notifications settings 

Advisor settings

Orders Magic number - The main ID of the EA's orders

Comments for orders - EA orders comment

Slippage Limit - Maximum allowable slippage in points

Spread Limit - The maximum allowable spread for opening orders

Maximum size of orders - The maximum amount of the sum of all orders

Allow to open OP_BUY orders - Allow sending OP_BUY orders

Allow to open OP_SELL orders - Allow to send OP_SELL orders

Allow to open new orders after close - Allow to send new orders after all orders are closed

Font size in panels - Change the font size in the panel

Show panel - Show or hide the advisor panel

Reviews 6
Andrew
2838
Andrew 2023.06.19 22:18 
 

We purchased Breakout Catcher about 5 weeks ago and have run it on live and demo accounts over that period of time. We are beating Alexander's signal performance by a wide margin in our accounts. He is the complete developer in that he sells a high quality automated trading system and also support it well.

Shu Hao Li
1685
Shu Hao Li 2023.03.26 17:38 
 

best EA

Ttwinjimyeong
167
Ttwinjimyeong 2023.01.05 15:15 
 

I think best EA :) awesome

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Infelix
124
Infelix 2023.07.20 16:54 
 

Works great on EUR/USD for me

Andrew
2838
Andrew 2023.06.19 22:18 
 

We purchased Breakout Catcher about 5 weeks ago and have run it on live and demo accounts over that period of time. We are beating Alexander's signal performance by a wide margin in our accounts. He is the complete developer in that he sells a high quality automated trading system and also support it well.

Sound of dawn sqd
455
Sound of dawn sqd 2023.03.31 04:40 
 

炸,当玩具

Shu Hao Li
1685
Shu Hao Li 2023.03.26 17:38 
 

best EA

Ttwinjimyeong
167
Ttwinjimyeong 2023.01.05 15:15 
 

I think best EA :) awesome

Amedeo Trubbiani
511
Amedeo Trubbiani 2022.04.03 13:41 
 

Another good work of my friend Alexander Nechaev. I've tested in the pair EUR/USD, it seem move in a wrong movement, but it is important when it close the operation. You can change a little the parametres, as better for your decisions and the amount of the size. I'll follow always his works. Thanks and "ciao" from Italy, Amedeo (Ottimista)

Reply to review
Version 1.40 2023.11.06
- Fixed a bug in updating autolot values when there are open orders when the advisor is restarted
Version 1.30 2023.10.10
- Updated handlers of trade orders for opening and closing positions
- The advisor code has been optimized
Version 1.10 2023.04.06
- Added "Can EA work in both directions in the same time" variable. When activated, the EA will be able to simultaneously work in both directions when a signal appears while there are open orders.