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Universal Breakout MT5

4.43

Universal Breakout is an Expert Advisor that trades on the classic price range breakout strategy. It can be set up for any strategy that involves price breaking out of the price band, which is set by the time interval.

For example: breakout of Asian, European or American trading session extremums, breakout of daily extremums or even the first H4 candle of Monday.

The new Expert Advisor Prop Master - test it in your trading terminal

https://www.mql5.com/en/market/product/115375

In the EA settings you set the time range over which the EA will search for the maximum and minimum price point. You also specify the hour when advisor will place pending orders. In this hour advisor will place two pending orders BUYSTOP and SELLSTOP on the levels of maximum and minimum price of the range.

In case the pending orders were not executed within a certain period of time (can be set in the settings), these orders will be deleted by advisor and is waiting for the next trading day.

To fix profits and possible losses Take Profit, StopLoss are used, as well as the transfer of positions to Breakeven, trailing stop, as well as the function of early closing of the transaction after a specified time interval.

The Expert Advisor has convenient settings money management, and thanks to the GMT parameter the settings can easily be transferred to any broker's terminal.


Description of Universal Breakout settings.

  • Monday, Tuesday, Wednesday, Thursday, Friday - On/Off for the day of the week
  • GMT - broker's time shift relative to GMT
  • Box start hour - the hour at which the Expert Advisor starts to search for extrema
  • Box size (candel) - number of candlesticks for identifying extrema
  • The hour of sending the order - the hour of pending order placing
  • Deviation from extremes - indent from extremes for placing pending orders
  • Order expiration time (0 - off) - time of pending orders lifetime in minutes
  • StopLoss type - stopLoss type
  • Fixed StopLoss - size of fixed stop
  • Offset from the opposite side - offset from an extremum when working with a dynamic stop
  • Take Profit type - Take Profit type
  • Fixed Take Profit - size of the fixed Take Profit
  • Coefficient from StopLoss - profit coefficient relative to StopLoss size
  • Breakeven type - selection of Breakeven or Safe
  • Breakeven distance - distance to Breakeven order
  • Breakeven profit - level to which the stop is shifted
  • Trailling type - selection of trailing stop function
  • Trailling distance - trailing stop distance
  • Trailling step - trailing stop step
  • Trailling min. profit - minimum profit size for trailing stop
  • Trailling candels timeframe - time frame for trailing candles
  • Number of candles - number of candles for trailing candles
  • Close order type - on/off function of early closing
  • Number of minutes from opening - number of minutes of waiting for closing by profit before the early close function is activated
  • Close with minimal profit - minimum profit in pips to close the order when the early close function is activated
  • Close orders on Friday - remove orders on Friday at the specified time
  • Closing time Friday - time of deleting pending orders on Friday
  • Lot calculation type - type of work lot calculation
  • Fixed lot - size of fixed lot
  • The amount of risk per transaction - amount of risk in % if dynamic lot is used
  • Percentage of the balance - lot calculation in % of the balance.

How to correctly set the GMT parameter in the EA settings?

This parameter defines the difference between the time of terminal and the GMT time. To determine the time of the terminal, open the "Data Window" in your terminal and in the header of this window you will see the time, let's say it is 11:05:21. We need a whole number of hours which is 11. Now we need to determine the GMT time for the current time. Open your browser and any search engine and write "GMT time", open any website and look what time it is now - let's say it is 09:05:21.

Then subtract the GMT time from your time 11-9=2 and we get the parameter, which should be specified in the Expert Advisor settings: +2 GMT. Set +2 GMT in the EA settings on all the charts that you are trading.


Account requirements.

  • Minimum deposit: 100$
  • Leverage: 1:10 or more (large is not required)
  • Instruments: Forex, stocks, indices, commodities
  • Account type: ECN, NDD

Use it, leave feedback and post in the discussion what additional features you would like to see in the Expert Advisor.


Reviews 20
August Tetteh
1202
August Tetteh 2024.04.25 11:03 
 

thanks bro

Calogero Vella
400
Calogero Vella 2024.04.23 14:30 
 

Works good!! Thank you

Farid MAATALANY
143
Farid MAATALANY 2024.03.08 00:20 
 

version for MT4?

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Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
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Filter:
August Tetteh
1202
August Tetteh 2024.04.25 11:03 
 

thanks bro

Calogero Vella
400
Calogero Vella 2024.04.23 14:30 
 

Works good!! Thank you

Farid MAATALANY
143
Farid MAATALANY 2024.03.08 00:20 
 

version for MT4?

Shafi Goroo
72
Shafi Goroo 2023.12.27 14:01 
 

Amazing Expert advisor. It is money making machine. Love it, Thanks Shafi

[Deleted] 2023.12.11 11:00 
 

User didn't leave any comment to the rating

Sergey Ermolov
155326
Reply from developer Sergey Ermolov 2024.02.04 16:02
Hello. Link in the description
Fernando Alonso
903
Fernando Alonso 2023.11.13 21:52 
 

Muy bueno, excelente ¡¡¡¡¡ gracias

許富華
24
許富華 2023.10.27 08:22 
 

How can I get complet codes?

Sergey Ermolov
155326
Reply from developer Sergey Ermolov 2023.10.27 09:18
No, code is not available
Leonardo Auer
18
Leonardo Auer 2023.10.15 19:36 
 

Is the code available? I don't see it.

Sergey Ermolov
155326
Reply from developer Sergey Ermolov 2023.10.15 19:56
No, code is not available
mumeeza98
187
mumeeza98 2023.10.02 08:39 
 

Excellent EA

AlekseyVM
41
AlekseyVM 2023.09.26 18:14 
 

Хороший советник. Превосходный набор настроек. Как идея разработчику: добавить в настройки возможность одновременного открытия противоположных сделок с регулируемым отдельным SL для противоположной сделки. Тогда, если будет отскок от уровня и цена пойдет в противоположном направлении, то можно вовремя закрыться и уровнятся. Думаю, что получится супер.

nrhp
227
nrhp 2023.08.22 03:03 
 

One trade in a week on my Demo Account.

Sergey Ermolov
155326
Reply from developer Sergey Ermolov 2023.08.22 13:59
The number of transactions depends on many factors: 1. Market activity 2. Is the terminal turned on all the time 3. How many pairs do you trade 4. Do you use the recommended settings
Harvey Franco
76
Harvey Franco 2023.08.20 03:09 
 

What I can say is I haven’t seen any results yet. I only downloaded it Friday and no trades was executed. Will update

Nuno Filipe Pereira Cruz Pereira
239
Nuno Filipe Pereira Cruz Pereira 2023.08.13 08:24 
 

Its amazing, after otimizing for last 4 months its possible to get Otimized .set files to get 80% profit with 20drawndown, and 10% profit with 5% drawndown and 25% profit with 12% drawndow. Its amazing

aliceya2000 akuma
66
aliceya2000 akuma 2023.08.02 12:49 
 

good

Kraftsoff
47
Kraftsoff 2023.08.01 18:53 
 

Отлично сделано!

andresogorman
92
andresogorman 2023.08.01 10:37 
 

It works, it is a very clever program!

Pat Basbas
23
Pat Basbas 2023.07.31 13:58 
 

How does it work? I already installed in my PC but I dont see anything on my chart

Ramesh maurya
41
Ramesh maurya 2023.07.22 13:24 
 

low return

[Deleted] 2023.07.22 05:49 
 

User didn't leave any comment to the rating

[Deleted] 2023.07.21 06:35 
 

User didn't leave any comment to the rating

123
Reply to review
Version 1.9 2024.03.26
- Fixed the error of variable modification of sl when using two functions
- Settings update
Version 1.7 2023.09.15
- Added the ability to trade both on the breakout of daily extremes and on the rebound from extremes
Version 1.6 2023.04.15
Fixed a typo in the parameter description
Version 1.5 2023.03.30
- Added the ability to set the dimension of boxes in minutes
- Fixed the function of early closing of orders
- Added a function to prohibit opening if the level has been passed
Version 1.4 2023.02.20
- Fixed an error when calculating the lot
- Fixed bugs when using TakeProfit as a percentage of the box