Index Breakout MT5
Do you want an EA with small stoploss? Do you want an EA that is just in and out of market?
This EA is acting on breakout for DAX (Germany index), or Dow Jones. It is ONLY buying when the market opens and with a window of 10 minutes or less.
This strategies (yes, it is 2 different strategies that can be used with 3 different charts) have tight stoplosses and a takeprofit that often will be reached within seconds!
The strategies are well proven. I have used them manually for years with good results. Set files can be found under comment section for the settings I use (feel free to change TP or SL if you find something better over time)
FEATURES OF THIS EA
- It only takes one trade per day and strategy (sometimes no trade)
- Uses TP and SL on all trades (built in the EA because the SL and TP are tight)
- Possible use of buy and sellstop orders
- NO Martingale
- NO Hedge
- NO Arbitrage
- NO Multiple trades
Promo price: $50. 2 buys left and the price increase to $100.
Final price: $499
Symbols: DAX (Strat 1 & 2) and Dow Jones (strat 3)
HOW TO SET UP THE EA
BE AWARE TO SET TP AND SL TO RIGHT VALUE; DEPENDING ON HOW MANY DECIMALS YOUR BROKER HAS!
If you have issues with big slippage, Adjust SL and TP to wider range! Example: 15 TP 10 SL (Still 2/3 ratio)
- Only use one strategy per chart (remember to change magic number for multiple charts)
- Strategy 1 & strategy 2 are made for DAX (GER30)
- Strategy 3 are made for Dow Jones (US30)
- Choose if you want the EA to place buy and sellstop orders (Need to have a good broker with small limits)
- EA is made for UTC timezone. If your MT4 are in a timezone with UTC+5, then type in 5 for timezone