Ultimate Daily Breakout

Ultimate Daily Breakout Expert Advisor

Many trading stratergies look to trade daily trend swings by defining levels based on the previous day's high and low on the daily chart.

When these levels are broken, price tends to trend in that direction sometimes for 100s of pips.

This EA is a tool to both look for these patterns though backtesting and then after being found to trade them live.

The Ultimate Daily Breakout EA can be optimised for and used on any currency pair, commodity, stocks or shares that MT4 can display on a chart!

The 200 EMA may be used as a filter too to make sure we are always the correct side of the major trend.

Default settings are for GBPUSD at broker GMT+3 time.

It is essential that you backtest/optimise to your broker's timezone for each pair!

See the screenshots for suggestions on how to optimise!

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Best on Trendy Pairs like EURUSD, GBPUSD, GPBJPY, USDJPY, USDZAR, GOLD(XAUUSD) etc.

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Expert Inputs:

magic - Magic number used by the EA.

stoploss/takeprofit - Default SL and TP in pips if ATR based slfactor/tpfactor is set = 0.

maxspread - maximum spread EA is allowed to trade in pips.

MinCandleBodySizePips - Minimum previous day candle body size to allow a trade today in pips. This value is replaced by a calculated value if atrMinCandleBodySizeFactor is not 0.

MaxExtraCandleBodySizePips - Pips more than MinCandleBodySizePips for maximum candle body size to allow a trade (helps to filter out news events from previous day making false signals). This value is replaced by a calculated value if atrMaxExtraCandleBodySizeFactor is not 0.

MinPipsInCorrectDirectionToOpen -  Pips above the body high from yesterday price must reach before BUY is opened. Pips below yesterday's body low price must reach before SELL is opened (this helps to filter support/resitance bounces).

starthour - The beginning of time allowed for trades to be opened (e.g. open of NY Market time).

endhour -  The end of time allowed for trades to be opened (e.g. end of NY Market time).

buy/sellAbove/BelowMA - Allow trades to be opened above/below the 200 EMA line (so that you dont trade against the major trend).

atrMinCandleBodySizeFactor - Use the ATR on D1 chart to set MinCandleBodySizePips. If it is set to 0, use the number of pips set as MinCandleBodySizePips.

atrMaxExtraCandleBodySizeFactor - Use the ATR on D1 chart to set MaxExtraCandleBodySizePips. If it is set to 0, use the number of pips set as MaxExtraCandleBodySizePips.

slfactor - SL used for each trade multiplied by ATR. If set = 0, use stoploss as the stop loss in pips.

tpfactor - TP used for each trade multiplied by ATR. If set = 0, use takeprofit as the take profit in pips.

stoplevel - Minimum SL and TP allowed if slfactor or tpfactor is not 0.

trailingstop - Pips used in trailing stop. 0 means no trailing stop.

trailingstart - Pips in profit before trailing stop is started.

mm - Use money management for lot size calculation based on size of SL.

risk - Percent of account risk to use per trade if mm is true.

lotdigits - How many digits lot sizes are allowed to be if using a penny account on Forex, or when trading indicies/CFDs. Default is 2. Set to 1 if trading shares/indicies/CFDs.

ecn - Set true if you use an ECN / NDD account.

hidesl/hidetp - Hide the SL or TP inside of the EA if you dont trust your broker and think they are stop-hunting you.

slippage -  Maximum pips of slippage between when order sent and order opened by broker. 0 is no limit on slippage.

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Professional automatic advisor with high performance. The advisor has preset settings, trades automatically calculated or fixed lot. You can use default settings or use your preferences. The Monopolist expert uses the author's, multi-component algorithm for fast processing of market data in real time, to open short-term transactions on dynamic instruments with a small spread. The advisor's strategy is based on price action, transactions are opened with a minimum waiting time for a decision, whic
Daytrade Pro Algo
Profalgo Limited
5 (5)
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente d
GoldPro
Sergey Batudayev
5 (2)
GoldPro (MT4) — Consulente esperto XAUUSD con 2 modalità selezionabili: Classica e Scalping GoldPro è un sistema di trading automatizzato per   XAUUSD (oro)   pensato per i trader che desiderano struttura, chiari controlli del rischio e un EA in grado di funzionare in diversi ritmi di mercato. All'interno di un EA puoi scegliere   come operare   : 1) Modalità classica: logica calma per swing e pullback Un approccio classico incentrato sul comportamento di inversione/reversione alla media (ingres
Trend AI EA
Ramil Minniakhmetov
4.07 (57)
L'EA Trend Ai è progettato per funzionare con l'indicatore Trend Ai, che eseguirà la propria analisi di mercato combinando l'identificazione del trend con punti di ingresso e avvisi di inversione attivabili, e acquisirà tutti i segnali dell'indicatore in modo completamente automatico! L'EA contiene una serie di parametri esterni completamente regolabili che consentono al trader di personalizzare l'expert in base alle proprie preferenze. Non appena appare il punto verde, l'EA si preparerà per u
Quantum Dark Gold
Nguyen Hang Hai Ha
3.33 (9)
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
Prestige 4
M Ardiansyah
Prestige EA   is a powerful, intelligent trend‑detection trading robot built using advanced mathematical and statistical models. It is designed to identify high‑probability market movements with precision while maintaining strict risk control. The EA uses refined entry filters with advanced correction logic to ensure accurate and reliable trade entries. Every trade is protected by Take Profit and Stop Loss, ensuring disciplined risk management. In addition, the EA includes smart internal algori
XG Gold Robot MT4
MQL TOOLS SL
4.3 (37)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
AW Scalping Dynamics EA
AW Trading Software Limited
4.67 (12)
Robot di trading avanzato completamente automatico che funziona in base alle inversioni di tendenza. Se necessario, è possibile utilizzare una strategia a griglia. 3 tipi di notifiche integrati e blocco della posizione quando viene raggiunto il carico massimo del carrello. Le impostazioni predefinite sono consigliate per EURUSD nell'intervallo di tempo M15. Caratteristiche e vantaggi: Capacità di lavorare in due direzioni contemporaneamente Capacità incorporata di lavorare in tempo in più fasi
Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
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