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Breakout till Support and Resistance

BREAKOUT TILL SUPPORT AND RESISTANCE!!!!

PLEASE CHECK COMMENTS SECTION FOR SET FILES

(PLEASE DM me if you have any queries)

As the name suggests itself, the EA focuses on BREAKOUT entries. As the theory behind a BREAKOUT is STRONG, the EA uses entries based on a Breakout or Breakdown along with these FEATURES

ENTRIES:
Entry is based on a breakout of a range or a trend change. The EA includes the parameters for BREAKOUTS. Smaller inputs means AGGRESSIVE traders and larger inputs means DEFENSIVE traders. Please go through the details of the parameters given below

EXITS:
There are two different ways the EXITS are executed. 
1. The exits are determined by the TPs set as POINTS (three different TPs for different lots)
2. Nearest Support/Resistance. The EA would find the nearest resistance (in case of LONG) and nearest support (in case of SELL) for taking profits. TP1 would take place at the first resistance. TP2 at second and TP3 at third resistance. 
3. TRAILING STEP and BREAKEVEN options are also available in the EA
4. Moving Average crossovers and PSAR can also be used to close positions.

ADVANTAGES:
1. The Breakout entry itself is very powerful as the existence of a LARGE force is available at Breakouts. The internet is filled with strong theories of BREAKOUT strategies
2. Multiple EXITS strategies give this EA a huge benefit over other EAs. Any investor having good technical knowledge can gain massively from this EA.
3. The EA uses different FILTERS which can be used for further benefits. An investor can backtest them and gain better results using them.

LINK TO THE INPUT DETAILS:
https://www.mql5.com/en/blogs/post/728373 

FEEL FREE TO CONTACT ME FOR BETTER UNDERSTANDING OF THE EA



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Artem Minchuk
3.23 (48)
Experts
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Bogdan Ion Puscasu
4.79 (139)
Experts
Présentation       Quantum Trade EA   , le conseiller expert MQL5 révolutionnaire qui transforme la façon dont vous négociez la prestigieuse paire GBPUSD ! Développé par une équipe de traders expérimentés avec une expérience de trading de plus de 13 ans, Quantum Trade       EA est conçu pour propulser votre parcours commercial vers de nouveaux sommets grâce à sa stratégie de zone d'évasion innovante et dynamique. IMPORTANT! Après l'achat veuillez m'envoyer un message privé pour recevoir le man
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Antonio Simon Del Vecchio
5 (10)
Experts
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Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Experts
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de tradi
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Aleksandr Chebotaev
5 (4)
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Guillaume Duportal
4.92 (38)
Experts
Darwin SWING Prix de lancement 999 USD , futur prix 1490 USD DESCRIPTIONS : -- Pour comprendre le fonctionnement, venez lire le blog (Cet EA reflète ma philosophie du trading forex…Si vous aimez ma façon de voir les choses, alors vous aimerez mon EA. Prenez le temps de le faire !! (Le forex n’est pas une course) : https://www.mql5.com/en/blogs/post/745790 -- Pour voir les performances passées voici les liens des signaux Live et démo signals : https://www.mql5.com/en/users/tradedea
Big Forex Players MT5
Marzena Maria Szmit
4.79 (38)
Experts
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
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Ammar Yaseen
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