ZScore Breakout EA

Z-Score Breakout EA

Z-Score Breakout EA is an automated MT5 trading system engineered to capture high-momentum market moves by detecting statistical price anomalies. Unlike traditional mean-reversion systems, this EA identifies explosive expansion phases when price action breaks beyond extreme standard deviation thresholds.

Key Technical Features

• Statistical Momentum Entry: Calculates the real-time $Z\text{-Score}$ based on Moving Average and Standard Deviation over a customizable period ($N$).

  • Buy Signal: Triggered when $Z\text{-Score} \ge +2.0$ (Price breaking above upper statistical boundary).

  • Sell Signal: Triggered when $Z\text{-Score} \le -2.0$ (Price breaking below lower statistical boundary).

• Strict Risk Management: Operates under a non-hedging logic with a strict Maximum 1 Open Position limit at any given time to eliminate over-exposure.

• Bar-Close Execution: Signals and calculations are processed exclusively on new bar openings to prevent re-painting and trade execution noise during high volatility.

• Pre-Defined Exit Rules: Every executed order is immediately protected by fixed Stop Loss and Take Profit targets set directly on the broker server.

Recommended Setup

• Trading Platform: MetaTrader 5 (MT5)

• Supported Assets: Majors, Gold (XAUUSD), and Volatile Indices

• Account Type: Hedging or Netting (EAC-compliant, single position execution)

• Timeframe: M15, H1, or H4