BTC Breakout Engine

The Bitcoin Breakout Engine is a Portfolio of 4 different breakout strategies, all of them are trading Bitcoin. The Strategy has been stress tested and the results shown on the images below were tested using real ticks and a 2x spread of my brokers usual spread on BTCUSD. 

Backtests were conducted using IC Trading BTCUSD real tick data, with spreads artificially increased to ~0.04% to simulate pessimistic conditions.

This is not a high-frequency system. It is designed for long-term, statistically grounded trading.

This Expert Advisor works especially well in trending market conditions, whenever Bitcoin is rising or falling, as it exploits volatility clustering around major levels. It also trades on the weekends.

Minimum Account Size: 100$ (running only 1 strategy out of the 4) 

Works on most brokers. Performance depends on trading costs (spread, slippage, execution).

Backtesting

----Display

• Color Theme: Choose the color theme of the Graphical User Interface
• Chart Transformation: You can set this to make your chart have a modern look. The theme of the chart will be the same as your chosen Color Theme.
• Show open trades and orders: If set to true, you will see your pending orders & trades on the chart.

----General Settings

• Investment Type: You can choose between two investment methods: Balance percentage based, or Initial Monetary Investment. This decides, how your investment into strategies will be interpreted. You will be able to allocate your capital into strategies. If you choose Balance % you will be able to specify an amount based on the percentage of your current balance, if you choose initial monetary investment, you will be able to allocate any arbitrary amount of your deposit currency into the strategy. Check out the Manual for better understanding.
• Allowed Global Drawdown: The allowed drawdown of the whole portfolio, including all the strategies. It is calculated based on the sum of the equities of each strategy. (In percentage terms)
• Allowed Global Daily Drawdown: The allowed daily drawdown of the portfolio, including all the strategies. It is calculated based on the sum of the equities of each strategy. (In percentage terms)
• Risk Level: Choose between predefined risk levels. These determine the amount strategies risk on each trade. (From 0.4% to 4% of their own equity)
• Randomizer: Randomizer used for prop firm challenges. You can randomize the entry & exit levels within a point interval, you can define here. (Recommended Between 100-500 or 0)

----Strategy X (Generic for each strategy)

• Investment in "Strategy X": The amount you'd like to allocate to strategy one. Either in percentage of your balance or in exact monetary amount (based on the selected investment type). This will be the starting equity of the strategy.
• Drawdown limit of "Strategy X": The drawdown limit of the strategy, based on it's own simulated equity. (In percentage Terms)
• Daily Drawdown limit of "Strategy X": The daily drawdown limit of the strategy, based on it's own simulated equity. (In percentage Terms)
• Name and Comment of "Strategy X": The trades of this strategy will use this comment. In the layout selector combo box, you will see this as the strategies name.

Recommended Settings

The Number 1 priority of this EA is capital protection. This is why each strategy individually has it's own drawdown limit, as well as the whole portfolio.

It is recommended to run the EA with lower risk settings (below moderately aggressive) and lower drawdown limits aswell (around 30%), though this may vary based on account size.

For small account sizes only a reduced number of strategies are recommended. (Below 500$ running one of the strategies only)

Pros

• Capital Protection: Safest capital protection both strategy and portfolio wise.
• Easy to use: The interface and the EA itself is very easy to use and understand.
• Performance: Backtests show positive expectancy across long-term data (2017–present), even under increased trading costs.
• Control: A Graphical User Interface enables you to take control over the EA, if push comes to shove. You can also test this in the tester. (It is not recommended to overuse it)
• Diversification & Compatibility: This EA compliments other EAs exceptionally well. Besides being a portfolio on it's own, you can also invest only a part of your balance to this EA. It will not see your remaining balance, and other EAs.
• Flexible risk settings allow adaptation to different risk preferences. (From institutional to speculative)

Eventhough it is not very common here on the mql5 marketplace, I feel obligated to share the cons with you aswell.

Cons

• Trade Frequency: As previously stated in the description, this is not the regular scalping, every day in and out EA. It trades only major levels, and if the market is not moving, it is not uncommon for it not to trade for a week.
• Drawdowns: The EA does not use any recovery logic whatsoever. This means that drawdown periods can and will occur when using this EA. If the Crypto Market is choppy, it can have losses, but this is completely normal. This is why evaluating the performance of this EA over a very short time period is not telling anything about the long term characteristics of this EA.
• Small Account Sizes: The real diversification effect can not really take place with small account sizes. This is why defensive & diversified settings can not work with small account sizes. It is recommended to use a single strategy with a small account, as every single strategy works well on it's own.