Ultimatum Breakout MT5

Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals.

The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven.

• No Martingale.
• No arbitrage.
• No other risky strategies.
• No scalping.

Requirements and Recommendations

1. Before using on a live account, test the EA with minimal risk.
2. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
3. Use VPS server with minimal network latency to the broker's server.
4. Leverage of 1: 100 or more is recommended.

Parameters

• Show_Info_Panel — Information panel. (at the value false - Speeds up the testing in the strategy tester).
• Magic — Trades identifier.
• Order_Comment — Comments to the order.
• Slippage — Allowed slippage before an order triggers.
• Max_Spread — Maximum Spread allowed before pending order is triggered.
• Adaptive_Spread_for_trade — At the value 'true' the spread is added to trailing stop and stop loss.
• Order_Type — trading direction.
• Fixed_Lot — Fixed lot ( if "Use_Risk_MM" = false ).
• Use_Risk_MM — At the value 'true' the lot size increases as the account balance grows.( Risk Management ).
• Percentage_Risk — Increase the lot size based on balance.( Risk Management % ).
• Take_Profit — Take profit level in points.
• Stop_Loss — Stop loss in points.
• Use_Smart_StopLoss— At the value 'true' the stop loss is adjusted according to the price movement.
• Smart_StopLoss — Step of the smart stop loss.
• Use_Break_Even — If this is true Stop loss price will be moved to breakeven when price is above target points.
• Breakeven_Target_PipsInp — When price is above this value breakeven will be triggered.
• Breakeven_Jump_PipsInp — Stop loss will be moved using this value to breakeven.
• Use_Trailing — If this is true, profit will be protected with trailing stop.
• Set Trailing Mod - 7 trailing stop modifications.
• Trailing_modification_1 - modification 1.
• ...
• Trailing_modification_7 - modification 7.
• Trailing_Stop — Trailing points, when the position is in profit.
• Trailing_Step — Trailing step, when the position is in profit.

• Monday - trade on Monday;
• ...
• Friday - trade on Friday.

Trading by time within the day:

• Use time — If 'true' trading will be performed by time.
• GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
• Every_Day_Start — Operation start time (hh:mm).
• Every_Day_End — Operation end time (hh:mm).

Operation end time on Friday:

• Use time — If true trading will be performed by time.
• Disable_in_Friday — Operation end time on Friday (hh:mm).