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Happy Breakout

The expert advisor uses the strategy based on the breakdown of the most important support and resistance levels. Is optimized using real ticks with 99.90% model quality.

Please see product signals here: https://www.mql5.com/en/users/happyforex/seller


Parameters

  • Name_EA - a comment to trades;
  • Magic - used to identify an order;
  • LotVar - when you set the LotVar at 0 EA will use FixLot;
  • Risk - The percentage of your account risked per trade based on account;
    (Setting: 0.01% low - 0.05% medium - 0.1% high)
  • FixLot - size of the first open lot;
  • UseTrailingStop - if this is true, profit will be protected with trailing stop;
  • TrailingStop - allows you to automatically protect the profits with your positions;
  • UseBreakEven - if this is true stoploss price will be moved to breakeven when price is above target points;
  • BreakEven - profit protected by breakeven;
  • BEpoint - fix point to move SL to breakeven;
  • StopLoss - Stop Loss for each individual order;
  • TakeProfit - Take Profit of each individual order;
  • Operation Days:
    • GMT_Offset - according to your broker
    • Monday - true
    • Tuesday - true
    • Wednesday - true
    • Thursday - true
    • Friday - true
    • Saturday - false
    • Sunday - false
  • Operation hours:
    • StartTimeMon - 06:00
    • StopTimeMon - 24:00
    • StartTimeTue - 06:00
    • StopTimeTue - 24:00
    • StartTimeWed - 06:00
    • StopTimeWed - 24:00
    • StartTimeThu - 06:00
    • StopTimeThu - 24:00
    • StartTimeFri - 06:00
    • StopTimeFri - 24:00
    • StartTimeSat - 06:00
    • StopTimeSat - 24:00
    • StartTimeSun - 06:00
    • StopTimeSun - 24:00

Happy Breakout Features

  • Supports ECN brokers.
  • Autodetection of 4 or 5 digit quotes.
  • 100% automated
  • No grid
  • No hedging
  • No arbitrage
  • No martingale


Recommendations

  1. Before using on a live account, test the EA with minimal risk.
  2. Use VPS or hosting server with minimal network latency to the broker's server.
  3. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
  4. EURUSD, GBPUSD
  5. Timeframe H1.
  6. Maximum Spread is 10 points.
  7. Maximum Stop Level under 10 points.
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Versión 1.1 2016.09.08
Fixed problem with 3 Digits for currency pair USDJPY.