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BreakOutScalper

This Scalper is based on Support/Resistance level that are identified using innovative algorithm. This is very simple EA to set it up.

Demo Accounts :

Growth Status as of 2/06/2020

TickMill - https://www.mql5.com/en/signals/620466         -- 105327% (Initial Deposit - 200 USD, Profit - 210654.42 USD)


Recommended Currency Pair to run - 

GBPUSD Renko 4 pips bar chart with Wicks generated for Back testing.

EURUSD Renko 4 pips bar chart with Wicks generated for Back testing.

EURUSD M15

Recommended Broker parameters -

ECN Broker

Preferable Spread :

EURUSD less than average 0.3 pips,

GBPUSD less than average 0.8 pips

commission less that $7 per lot round trip,

VPS with broker's Server delay less than 3ms.


Recommendation for Back-testing

Please use Tick Data with 99% or more accuracy to back test this EA.


Input Parameters -

mManage - True for dynamic lot management

               - False for specified (by parameter fixedLot) fixed Lot 

stopLoss  - tighter as much as possible to minimize Draw Downs by default 1.3 pips (optimized for EURUSD)

risk - Risk Index can be set from fractional value as low as 0.1 to 40.

fixedLot - by default to MODE_MINLOT of the broker.

stopWeekendMinutes - Minutes just before market closes for weekend.

                                  For Example Market Closes at 23:00 hours

                                  then EA can be shutdown at Hour 22:50 by specifying (22 * 60 )+50 minutes.

maxAllowedSpread - Allowed Spread by default 1.5 pips

magicNum - Any integer value that user want

OrdCommnets - Any String value that user want to comment on Orders placed by this EA.


Please see the screen shot attached to see default settings.


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The XC Pips EA MT4 is an advanced automated trading system meticulously designed for the specific dynamics of the   GBP/USD   currency pair. Utilizing advanced technical analysis, the robot assesses historical and real-time data to   identify potential trends , key support and resistance levels, and other relevant market signals specific to GBP/USD. XC Pips EA opens positions   every day,  from Monday to Friday, and   all positions are secured   with Take Profit, Stop Loss, Trailing Stop, we inc
CyberVision EA is a technology I developed during my undergraduate studies. CyberVision EA is not just an advisor, it is a high-speed computing machine that can generate historical data. CyberVision EA is not just an EA, it is a high-speed computing machine that works with recurrent neural network (RNN) and generative adversarial network (GAN), and my EA also uses data quantization. Live Signal High:  https://www.mql5.com/ru/signals/2221931 Live Signal:  https://www.mql5.com/en/signals/2218278 C
EA has a live track record with 48 month of stable trading with low drawdown: Live performance MT5 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timefra
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Versión 1.2 2019.08.08
Fixed the bug in end of the day disabling feature of EA.
Versión 1.1 2019.08.02
BreakOutScalper version 1.1 includes feature that disables EA trading for End Of the Day from 23:00 Hours and Enable at 02:00 hours of Server Time.