ZScore Breakout EA
- Experts
- Version: 1.2
- Activations: 5
Z-Score Breakout EA
Z-Score Breakout EA is an automated MT5 trading system engineered to capture high-momentum market moves by detecting statistical price anomalies. Unlike traditional mean-reversion systems, this EA identifies explosive expansion phases when price action breaks beyond extreme standard deviation thresholds.
Key Technical Features
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Statistical Momentum Entry: Calculates the real-time $Z\text{-Score}$ based on Moving Average and Standard Deviation over a customizable period ($N$).
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Buy Signal: Triggered when $Z\text{-Score} \ge +2.0$ (Price breaking above upper statistical boundary).
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Sell Signal: Triggered when $Z\text{-Score} \le -2.0$ (Price breaking below lower statistical boundary).
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Strict Risk Management: Operates under a non-hedging logic with a strict Maximum 1 Open Position limit at any given time to eliminate over-exposure.
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Bar-Close Execution: Signals and calculations are processed exclusively on new bar openings to prevent re-painting and trade execution noise during high volatility.
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Pre-Defined Exit Rules: Every executed order is immediately protected by fixed Stop Loss and Take Profit targets set directly on the broker server.
Recommended Setup
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Trading Platform: MetaTrader 5 (MT5)
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Supported Assets: Majors, Gold (XAUUSD), and Volatile Indices
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Account Type: Hedging or Netting (EAC-compliant, single position execution)
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Timeframe: M15, H1, or H4
