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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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Promozione di lancio: SCONTO DEL 30%! Ci sono solo 3 vendite rimaste da acquistare al prezzo attuale. Prezzo successivo: $1033 Ricevi gratuitamente il US30 Scalper EA e il Quantum Algo EA -> contattami dopo l'acquisto Live signal: https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT5:  https://www.mql5.com/en/market/product/116010?source=Site+Market+Product+Page Storico delle transazio
TopBottomEA
lizhi fu
4.8 (54)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Oracle MT4
Stanislav Tomilov
4.38 (8)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Position Trader EA
LEE SAMSON
4.71 (7)
Trasforma qualsiasi strategia di trading in una strategia di trading di posizione o scambia le comprovate strategie di trading di posizione basate su RSI e ADR, incluso il sistema di controllo automatizzato del prelievo per le posizioni che si muovono contro di te. Questo EA è un'evoluzione e una semplificazione dell'MRA EA che è stato utilizzato per molti anni per le strategie di trading di posizione insegnate sul sito web Market Structure Trader. Vedi il mio profilo per un collegamento al sit
Quantum Gold Emperor MT4
Bogdan Ion Puscasu
5 (5)
Presentazione       Quantum Gold Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui scambi la prestigiosa coppia XAUUSD (GOLD)! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installazione e le istruzioni per la configurazione. ***Acquista Quantum Gold Emperor EA e potresti ottenere Quantum Trade EA gratis!*** Chiedi in privato per m
XG Gold Robot MT4
Marzena Maria Szmit
4.39 (23)
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
Bitcoin Wizard
Sugianto
3 (2)
Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum.   Why Bitcoin Wizard : Bitcoin Wizard is a fully automatic trade system, trade 24/7. Does not use any risky strategies such as hedging, martingale, grid or multiple orders. Every trade is protected by a stoploss of 100 pips. Real Signal | Real Signal 2 | Setfile :  Download here  | MT5 version | Backtest Report   |   Broker Spread Comparison SET U
Bandwagon
ADELYN CASTILLO
4.93 (27)
Guadagno del 240% al 22 mese. Puoi controllare l'account live Bandwagon con prestazioni di 2 anni Banwagon 2 anni o Bandwagon V2 . *NOTA: Ora con uno sconto del 50%! Ottieni subito la tua copia! Aspettatevi un aumento di prezzo ogni mese *ATTENZIONE: DIRE NO ALLA PIRATERIA. Fai attenzione agli utenti che chiedono di ottenere una copia di Bandwagon EA. Bandwagon è in grado di rilevare la pirateria e se il tuo account viene rilevato per fare tali cose, non posso promettere che EA funzionerà anco
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
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