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PZ Daily Breakout EA MT5

This EA trades daily breakouts placing bidirectional pending orders using the last day's trading range -or using market orders, as desired-, provided these price levels have not been yet tested. It offers many trading behaviors and flexible position management settings, plus a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Implements a martingale and inverse martingale features
  • Trading is NFA/FIFO Compliant
  • Built-in money management

Four different trading behaviors are available in the EA inputs:

  • Regular: The EA will buy at yesterday's high and sell at yesterday's low
  • Inverse: The EA will buy at yesterday's low and sell at yesterday's high
  • Only Buy: The EA will buy at both price levels
  • Only Sell: The EA will sell at both price levels

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade


Input Parameters

  • Trading Settings - Select trading behavior: regular, inverse, only buy or only sell.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, break-even behavior, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale and inverse martingale behavior. Trading can be NFA/FIFO compliant if selected.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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This Expert Advisor trades stock indices on any MT5 terminal. This Expert Advisor has to work on the VPS 24 hours a day. Its advantages are that it hedges stock indices in different directions. Therefore, trading becomes much safer than most other EA. Please note that you must use a netting account type. The EA will not work correctly on a hedge account. You need to set it on the chart of your DOW30 index and register the name of the second index in the EA settings. The second index is DAX I Ple
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Money Mind BTC
Money Mind BTC
Antonio Simon Del Vecchio
Money Mind BTC es un Expert Advisor que analiza los retrocesos en el precio que experimenta Bitcoin y aprovecha dichos retrocesos para entrar al mercado e ir por una cierta ganancia. Resta 1 copia. Próximo precio $180 Esta nueva versión le permite seleccionar el tipo de estrategia que más se ajuste a su nivel de riesgo: Estrategia Agresiva: Mayor tasa de retorno, asumiendo un riesgo alto.  Estrategia Moderada: Tasa de retorno moderada, asumiendo un riesgo moderado. Estrategia Conservadora: Baj
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YOLO Gold go go
YOLO Gold go go
INREXEA LIMITED
Now price is   1284 , Last 1 copy for this price .  Next Price will be   1525 * Last month performance  The Most valuable thing for YOLO is :   VIP Service   ,   Accurate daily prediction   and   trend change alert   . Will make the all information directly connect into my database to the coming version to protect the copyright and sharing .  So our VIP message and logic will be protected , only whom purchased on MQL can be used the service .  if you want to improve your manual trading skills
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Zion MT5
Zion MT5
Aliia Aleshkina
There are 9 copies of the advisor left at the price of  $149, the next price is $ 199 Hurry up to buy while the price is low enough! Zion       is a trading system based on the property of the market to correct itself at strong support / resistance levels. Two separate neural networks are used to generate a signal to open trades. The first neural network generates a signal, and the second analyzes the results of the first one and issues a confirmation to open a deal. The main principle of a tra
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Advanced Scalper MT5
Advanced Scalper MT5
Profalgo Limited
MORE THAN 3 YEARS OF TRADE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 CURRENTLY AT +70% DISCOUNT OF FINAL PRICE! ONLY 1 COPIES LEFT AT 390$!! NEW: Buy Advanced Scalper, and get 1 EA for free! (for 2 trade accounts) Final price -> 990$ !! READ SETUP GUIDE BEFORE RUNNING THE EA !!    ->  https://www.mql5.com/en/blogs/post/705899 Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a bu
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The Comeback Kid Manager EA
The Comeback Kid Manager EA
Ryan Brown
The Comeback Kid Manger EA is half EA and half trade manager. It's able to keep the trader profitable on complete  auto-pilot. You can also use the onscreen buttons to intervene with the EA to achieve a creative manual/algo collaboration. It's also capable of recovering losing trades by managing them into a small profit or break even. The user has a lot of control on how and when they would like to increase profit on good trades and recovery bad or losing trades.  I can't tell you happy I am w
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Checkpoint mt5
Checkpoint mt5
Vasiliy Strukov
Me complace darle la bienvenida a la página de mi producto: soy su autor Vasily strukov. La medianoche es la hora de cierre de la vela del día, es el tiempo de equilibrio entre vendedores y compradores. Es en este momento que el asesor abre dos órdenes en direcciones opuestas. También es posible abrir en el tiempo especificado por el usuario, o operar sin parar en el modo "enter right now". El asesor requiere un tipo de cuenta de cobertura. IMPORTANTE! Póngase en contacto conmigo inmediat
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Exp TickSniper PRO FULL
Exp TickSniper PRO FULL
Vladislav Andruschenko
Exp-TickSniper: scalper de alta velocidad con selección automática de parámetros para cada par de divisas automáticamente. Sueña con un asesor que calculará automáticamente los parámetros comerciales? ¿Optimizado y sintonizado automáticamente? La versión completa del sistema para MetaTrader 4:    TickSniper  scalper   para MetaTrader 4 Desarrollador de herramientas forex  TickSniper - Full Description  + DEMO + PDF El EA se ha desarrollado en base a la experiencia adquirida en casi 10 años de
299 USD
Carousel Triple Correlation MT5
Carousel Triple Correlation MT5
Stanislau Siatsko
Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! Carousel_Triple_Correlation is a powerful tool that has no analogues on the market, and possibly the only automated system with an exclusive trading principle and with the capabilities that the system has. The Carousel_Triple_Correlation logic uses tripl
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PS Scalper EA MT5
PS Scalper EA MT5
Miguel Angel Vico Alba
Monitorización en vivo (señal):   https://www.mql5.com/en/signals/1154814 Chat grupal (Pathfinder Systems):   Privado. Una vez que compre el EA, se le invitará. Scalper basado en el par EURUSD. Solo una operación por señal. Todas las operaciones incorporan TakeProfit, StopLoss y Trailing Stop. Se agregarán nuevos pares en futuras actualizaciones. Características Scalper EURUSD. Solo una operación por señal. Todas las operaciones incorporan TakeProfit, StopLoss y Trailing Stop. Múltiples estrateg
199 USD
Gold Dragon mt5
Gold Dragon mt5
Evgenii Aksenov
Monitoring real deals:  G old Dragon EA      Gold Dragon+ Gold EAgle Buying this Expert Advisor you get personal gift! Details in the DM Price will be kept high to lower the number of users for this system! Gold Dragon MT4  created for  Gold (XAUUSD) H1  trading. By measuring the power of the trend of Daily candles Expert Advisor trades only according to the trend You will need at least one month to objectively assess it in full. The robot may not open transactions for several days waiting fo
1 250 USD
MAFiA Scalper PRO mt5
MAFiA Scalper PRO mt5
Andrey Dyachenko
MAFiA Scalper -Bill Williams (BW) expert advisor with a control panel for trading. !!! Advisor will work ONLY on accounts like HEDGE . The type of account can be seen in the upper left corner of the terminal. Example - there   Detailed instructions with illustrations in English, in PDF file format. - You will find a link to the instruction under the video - The video is in Russian, but you can turn on subtitles and choose the translation into your language. The main task of the advise
597 USD
SSScalper MT5
SSScalper MT5
Dmitry Fedorchenko
Monitoreo en tiempo real del Asesor Experto ejecutado en una cuenta real https://www.mql5.com/es/signals/950667 https://www.mql5.com/es/signals/1096100 Por favor envíenos un mensaje privado después de comprar el Asesor Experto. Le proporcionaremos un enlace al grupo. SSScalper es una de las mejores soluciones de scalping nocturno para el mercado de divisas. El sistema se compone de múltiples algoritmos y filtros seleccionados que ofrecen un alto grado de diversificación. El sistema está diseñado
299 USD
LittleCrazy MT5
LittleCrazy MT5
PAVEL UDOVICHENKO
LittleCrazy MT5 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $ 200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay MT5 PROFITABILITY AND RISK The expected estimated profitability according to the backtest data is about 200% - 400% per year. The expected maximum drawdown is ab
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PZ Reversal Fractals MT5
PZ Reversal Fractals MT5
PZ TRADING SLU
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PZ Trend Trading
PZ Trend Trading
PZ TRADING SLU
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PZ Day Trading MT5
PZ Day Trading MT5
PZ TRADING SLU
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PZ Harmonacci Patterns MT5
PZ Harmonacci Patterns MT5
PZ TRADING SLU
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PZ Harmonacci Patterns
PZ Harmonacci Patterns
PZ TRADING SLU
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PZ Support Resistance
PZ Support Resistance
PZ TRADING SLU
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PZ Swing Trading
PZ Swing Trading
PZ TRADING SLU
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PZ Lopez Pressure
PZ Lopez Pressure
PZ TRADING SLU
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PZ Wolfe Waves
PZ Wolfe Waves
PZ TRADING SLU
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PZ Wolfe Waves MT5
PZ Wolfe Waves MT5
PZ TRADING SLU
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PZ Candlestick Patterns
PZ Candlestick Patterns
PZ TRADING SLU
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PZ Swing Trading MT5
PZ Swing Trading MT5
PZ TRADING SLU
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PZ Candlestick Patterns MT5
PZ Candlestick Patterns MT5
PZ TRADING SLU
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PZ Pivot Points MT5
PZ Pivot Points MT5
PZ TRADING SLU
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PZ Trendlines MT5
PZ Trendlines MT5
PZ TRADING SLU
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PZ Day Trading
PZ Day Trading
PZ TRADING SLU
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PZ Binary Options MT5
PZ Binary Options MT5
PZ TRADING SLU
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PZ Goldfinch Scalper EA MT5
PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
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PZ Support Resistance MT5
PZ Support Resistance MT5
PZ TRADING SLU
¿Cansado de trazar líneas de soporte y resistencia? La resistencia de soporte es un indicador de marco de tiempo múltiple que detecta y traza automáticamente los soportes y las líneas de resistencia en el gráfico con un giro muy interesante: a medida que los niveles de precios se prueban con el tiempo y aumenta su importancia, las líneas se vuelven más gruesas y oscuras. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Mejora tu análisis técnic
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PZ Inside Bars MT5
PZ Inside Bars MT5
PZ TRADING SLU
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PZ Pivot Points
PZ Pivot Points
PZ TRADING SLU
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
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PZ Three Drives
PZ Three Drives
PZ TRADING SLU
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
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PZ Goldfinch Scalper EA
PZ Goldfinch Scalper EA
PZ TRADING SLU
Esta es la última versión de mi famoso scalper, Goldfinch EA, publicado por primera vez hace casi una década. Escalifica el mercado en las expansiones repentinas de volatilidad que tienen lugar en cortos períodos de tiempo: asume e intenta capitalizar la inercia en el movimiento de los precios después de una aceleración repentina de los precios. Esta nueva versión se ha simplificado para permitir al operador utilizar la función de optimización del probador fácilmente para encontrar los mejores p
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PZ Trendlines
PZ Trendlines
PZ TRADING SLU
Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you!  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Support I am happy to provide free products but given my limited time, they come
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PZ Turtle Trading MT5
PZ Turtle Trading MT5
PZ TRADING SLU
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
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PZ Market Profile
PZ Market Profile
PZ TRADING SLU
The market profile indicator provides with an X-Ray vision into market activity, outlining the most important price levels, value area and control value of the daily trading session. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to understand and use Understand market dynamics easily Automatic timeframe selection Identify zones of trading value and discard others It is useful in all market conditions Effective for any trading strategy It implements three color
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PZ Sandwich Bars MT5
PZ Sandwich Bars MT5
PZ TRADING SLU
This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint The indicator could not b
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PZ Oscillator
PZ Oscillator
PZ TRADING SLU
Pz Oscillator es un sensible indicador que ofrece mucha información útil y detecta automáticamente las divergencias . Se puede utilizar esta herramienta como confirmación de la ejecución de la operación y para identificar la dirección y la fuerza de la tendencia. El indicador ha sido desarrollado como complemento a una serie de nuestras herramientas de trading. Dirección de la tendencia El oscilador dibuja dos medias móviles mostrando la dirección de la tendencia. Si la media móvil rápida está
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PZ Oscillator MT5
PZ Oscillator MT5
PZ TRADING SLU
Pz Oscillator es un sensible indicador que ofrece mucha información útil y detecta automáticamente las divergencias . Se puede utilizar esta herramienta como confirmación de la ejecución de la operación y para identificar la dirección y la fuerza de la tendencia. El indicador ha sido desarrollado como complemento a una serie de nuestras herramientas de trading. Dirección de la tendencia El oscilador dibuja dos medias móviles mostrando la dirección de la tendencia. Si la media móvil rápida está
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PZ Binary Options
PZ Binary Options
PZ TRADING SLU
This indicator analyzes price action patterns and helps you to make positive equity decisions in the binary options market. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Trade both call and put options No crystal ball and no predictions The indicator is non-repainting The only strategy suitable for binary options is applying a mathematical approach, like professional gamblers do. It is based on the following principles: Every binary option represents
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Filtro:
Marcel Bühler
1090
Marcel Bühler 2021.03.04 22:12 
 

Fluctuates heavily, nothing for my small money heap.

Respuesta al comentario
Versión 3.2 2019.02.20
- Bug fix in pending orders