Breakout Specialist

The tool is specialized in trading breakouts strategy, it is the easily way to trade breakouts. 

Works on Strategy Tester too. 

Usage: 

1. Draw the two lines the price is ranging (consolidating). 

2. Click on the "Trade-on=Breakout". 

3. The EA will monitor for price breakouts of the drawn lines. 

3. It will enter the trade automatically upon next confirmation candle. 

Other features: 

-- Either a fixed lot size or a dynamic calculated lot size based on risk percentage. 

-- Configurable Take-Profit and Stop-loss. 

-- Spread Protection, if spread is too high the system will skip the trade. 

-- Hedge protection, and second trade is entered if breakout fails. 

*Important, the hedge protection requires 5 times the initial lot-size. 

For example, if the entry trade has 1.0 lot size, the hedge protection will enter 2nd trade with lot size 5.0.