Breakout Stops Ultimate
- Experts
- Version: 1.806
Breakout Stops Ultimate is a breakout Expert Advisor that places Buy Stop and Sell Stop orders around the current price and waits for a directional breakout.
When price breaks out, the corresponding pending order is activated. The opposite pending order can be deleted automatically. After a position is closed, new breakout orders can be recreated with a configurable delay.
Main features:
- Dual breakout entries (Buy Stop + Sell Stop)
- Configurable stop distance and minimum broker distance protection
- Optional Take Profit based on Risk/Reward ratio
- Trailing Stop with start and step in pips
- Session filter (London + New York hours)
- Spread filter and slippage control
- Periodic reload of pending orders (by bars or by minutes) to keep stops close to the market
- Optional pyramiding (add positions in profit)
- Optional multiple pending orders per side
- Floating on-chart control panel (BUY / SELL / CLOSE ALL / PAUSE)
- Works on the chart symbol (Forex, Gold, indices, etc.)
How it works:
- EA places Buy Stop above Ask and Sell Stop below Bid at a set distance.
- When one side is activated, the opposite pending order can be removed.
- Open positions are managed by trailing stop (if enabled).
- Pending orders can be periodically reloaded so the breakout levels stay tight to current price.
- After a trade closes, new pending orders can be recreated automatically.
Recommended use:
- Symbols with clear breakout behavior (XAUUSD, major FX pairs, indices)
- London and New York sessions
- M5–H1 timeframes (depending on your style)
- Always test on demo first and adjust stop distance / trailing to the symbol volatility
Inputs overview:
- Lot size, SL (pips), Risk/Reward, Take Profit on/off
- Breakout distance and minimum distance
- Trailing start and step
- Session hours filter
- Pending reload mode (every N bars or every N minutes)
- Pyramiding and multiple entries (optional)
- Magic number, max spread, slippage
- Floating dashboard on/off
Important: This EA does not guarantee profits. Past backtest results do not guarantee future performance. Always use proper risk management and test on a demo account before live trading.
