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EA Maximum Breakout Scalper MT5

2

"EA Maximum Breakout Scalper" - the scalper uses 2 breakout strategies.

1 - strategy for the breakdown of the nearest support and resistance levels. The system uses the search for extremes using smart technology to recognize high-quality and low-quality breakdowns, with support for filtering extremes. For the training of the adviser, the history of quotations for 22 years was used.

2 - strategy for the breakdown of the nearest candles. A smart technology is used to recognize high-quality and low-quality candlestick breakouts. For the training of the adviser, the history of quotations for 22 years was used.

The EA sets a protective stop order, so the trader does not have to worry that the robot will allow significant drawdowns.

The adviser is safe and does not require any settings from the user, just install it on the chart and you are ready.

The EA does not use Martingale, Grid and other strategies with an increase in the lot.

When creating the EA, the history of quotes based on real ticks was used.

МetaТrader 4 version: https://www.mql5.com/en/market/product/86206

Requirements and recommendations
  • Low spreads and high quality execution are important when choosing a broker.
  • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
  • Instructions for launching a custom symbol: https://www.mql5.com/ru/blogs/post/750726
  • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 50.
  • Leverage of 1: 100 or more is recommended.
  • The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to process all the ticks and this is bad for the adviser ).
  • Broker with 5-digit and 3-digit quotes.
  • We recommend using a VPS with minimal ping to your broker.
  • Attention! This EA is only for "hedging" accounts.
  • if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.
  • Download the Set file: 86205

For the Strategy Tester:

  • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
  • For testing, it is recommended to use:
    • Methods of modeling ticks:
      • All Ticks.

Symbols:
  1. EURUSD / M30
  2. GBPUSD / M30
  3. USDJPY / M30
Parameters:
  • EURUSD - if true, use EURUSD;
  • ...
  • USDJPY  - if true, use USDJPY;
  • Magic_Start / Magic_Finish - ID of EA's trades.
  • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
    • Use_Risk_MM — If this is true, the lot size will increase when account balance grows (Risk Management).
    • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
    • Fixed_Lot — Fixed lot (if Use_Risk_MM - false).
    • Order Type - trading direction;
    • Order Comment - comments to orders;
    • Slippage - allowed slippage before an order is triggered;
    • Show_Info_Panel - use the information panel (false - faster backtest);
    • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
    • Multi_Currency_BackTest:
      • true - use the multi-currency tester;
      • false - use the current currency and timeframe;
    • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
    • Max Spread - maximum allowed spread;
    • Stop trade - disable trade for a certain time (from 1 minutes to 24 hours) if the average spread exceeds Max_Spread;
    • Correct_Lot_by_Spread - adapt the lot by spread
    • Strategy Breakout / Strategy Smart Breakout - enabling/disabling strategies.
    Trading within the week:
    • Monday - trade on Monday;
    • ...
    • Friday - trade on Friday;
    Time trading within a day:
    • Use time - if true, the EA trades by time;
    • GMT setting - GMT settings;
    • Every_Day_Start - start time (hh:mm);
    • Every_Day_End - end time (hh:mm).
    Time to disable on Friday:
    • Use time - if true, the EA trades by time;
    • Disable_in_Friday - end time on Friday (hh:mm).

    -----------------------------------------------------

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    M.S
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    M.S 2022.11.23 19:39 
     

    The backtest and signal looks good, live performance is a little worse than Morhpeus, I paused it for now.

    Ruslan Pishun
    37086
    Reply from developer Ruslan Pishun 2022.11.23 19:49
    Thanks for the feedback!
    hunter101
    349
    hunter101 2022.09.26 11:59 
     

    68 trades today. Most are UJ. Commissions killed me. Close to 70 trades. Commissions ate all profits and kept on opening UJ trades when it failed/hit SL. Doing that every 10 seconds is an account killer. Be aware.

    Here are today's trades:

    https://imgur.com/a/uLa8RZK

    Reply to review
    Version 14.36 2022.11.01
    Minor bugs have been fixed.