ZigzagBreakout MT5

***This is a MT5 version of ZigZag Breaout***

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*****Unlocking the Expertise: EA Source Code for Dedicated Learners
*****Commencing from November 2021, the "EA + source code" version is at your disposal,
*****allowing those who purchase (not rent) this EA to explore its inner workings.
*****To acquire the source code, kindly direct your request, along with purchase information by sending messages to me.
*****Upon confirming your purchase, the source code will be extended to you.

*****< Disclaimer >
*****We provide the source code exclusively for educational purposes, enabling those inclined to delve into the
*****intricacies of real functional code. It's essential to underscore that our team shall not offer any form of support,
*****enhancements, hints, or guidance for improvements. Additionally, reselling the exact source code remains prohibited
*****under all circumstances. 


Harnessing a Classic Strategy: Unveiling ZigZagBreakout

This EA adopts a traditional ZigZag strategy—a cornerstone in trading. When significant market movements occur, the EA promptly aligns itself with the prevailing trend, facilitating strategic orders.

Deconstructing the ZigZagBreakout Strategy

While the core concept of the ZigZag strategy is widely available, the EA's innovation lies in the ZigZagBreakout function. Achieving optimal outcomes entails implementation on EURUSD, particularly on the M15 and H1 time frames. Although it demonstrates prowess across various time frames, the recommended hierarchy stands as follows: M15, M30 or H1.

Distinguishing itself from numerous other breakout EAs, the EA's backtest results harmonize remarkably with those from demo and live accounts—an alignment seldom witnessed.

For those seeking deeper insights, I periodically share my ZigZagBreakout results on the community page. For comprehensive explanations, I invite you to explore our dedicated blog: TASFX Blog.


Configuration:

  • Magic: Assign a unique Magic Number.
  • EA Comment: Personalize comments for enhanced tracking.
  • Slippage: Define maximum permissible slippage.
  • OrderMode: Opt for StopOrder or NormalOrder, each dictating distinct execution methods.
  • UseAutoLots: Opt for True/False (False implies fixed lots).
  • Lots: Define lot size for fixed lots.
  • Risk: Input a percentage (recommended not exceeding 5).
  • Stoploss: Set stop loss in points.
  • EntryStoploss: Determine hard stop loss in points (recommended larger than Stoploss parameter).
  • TakeProfit: Specify take profit amount in points.
  • MaxSpread: Define maximum allowable spread.
  • AverageSpread: Specify the number of ticks for calculating average spread points.
  • StopHour: Halt EA between specified broker time (e.g., 01:00-02:59).
  • WeekEndDayOfWeek: Opt for Friday, Saturday, or DoNotUse.
  • WeekEndHour: Cease EA activities from 23:00 (broker time) on the chosen week-end day, including pending orders and existing positions.
  • StartTrailingStop: Set starting point for trailing in points.
  • TrailingDistance: Define trailing distance in 0 points.
  • UseBreakEven: Activate Break Even function (leave "true" if desired).
  • StartBreakEven: Modify stop loss parameter in points.
  • BreakEvenProfit: Set desired BreakEven benefit (in Points).
  • ZigzagDepth, ZigzagDeviation, ZigzagBackstep: Parameters for Zigzag indicators.
  • OrderBuffer: Gauge the point difference between Zigzag top and current price.
  • MinVolume: Set minimum parameter for the Volume indicator.
  • TimeToPauseAfterOrdering(s): Determine seconds to halt orders post last order (Default: 0, implying immediate execution).

With these configurations at your fingertips, you're empowered to navigate the intricacies of the EA, forging a path that aligns with your trading aspirations.



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EASY Insight AIO – A solução tudo-em-um para trading inteligente e sem esforço Visão geral Imagine analisar todo o mercado — Forex, Ouro, Cripto, Índices e até Ações — em segundos, sem precisar examinar gráficos manualmente, instalar indicadores ou lidar com configurações complicadas. EASY Insight AIO é sua ferramenta definitiva de exportação para trading com IA, pronta para usar. Ela oferece um panorama completo do mercado em um único arquivo CSV limpo — pronto para análise imediata no ChatGP
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Yury Kulikov
5 (2)
Attention: Demo version for review and testing can be downloaded here . It does not allow trading and can only be run on one chart. Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions
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Tsvetan Tsvetanov
5 (1)
Apresentando a versão mais recente do Dynamic Fibonacci Grid Dashboard para MT5. Agora repleto de muitos novos recursos, este novo painel transforma sua experiência de trading e permite que você veja o mercado e a ação do preço de uma perspectiva completamente diferente. Descubra novas possibilidades com a análise simultânea de múltiplos timeframes e múltiplos símbolos. Interface amigável para trading manual e gerenciamento de posições, além de uma capacidade ampliada para aplicar estratégias a
Mentfx Mmanage mt5
Anton Jere Calmes
4.25 (8)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
Unlimited Trade Copier Pro MT5 is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will n
GRat Crypto
Ivan Titov
4.5 (2)
Trade on crypto exchanges in MT5! GRat_Crypto is a tool for manual and automated trading , including ANY available EA, ANY  cryptocurrency  on most popular crypto exchanges in the familiar MT5 environment 24/7. Features 1. ALL instruments of the 9 most popular crypto exchanges are available: Binance, BingX, Bybit, Coinbase, CoinEx, Kraken,   KuCoin, MEXC and OKX . 2. The ability to place ANY type of order available in MT5, both market and pending, to modify orders and positions, to delete order
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Sergey Malysh
5 (1)
Uma série de produtos sob marca FiboPlusWave Um sistema comercial pronto baseado nas  ondas de Elliott e níveis de Fibonacci . Simples e de fácil acesso. Exibição de marcação das ondas de Elliott (opção geral ou alternativa) em um gráfico. Construção dos níveis horizontais, linhas de apoio e resistência, canal. Sobreposição dos níveis de Fibonacci para as ondas 1, 3, 5, A Sistema de alerta (no ecrã, E-Mail, Push notificações).    Particularidade s : sem se aprofundar na teoria das ondas de Ellio
Crystal Trade Manager – Advanced MT5 Risk and Trade Control Utility Overview Crystal Trade Manager (CTM) is a professional MetaTrader 5 utility designed for risk management, trade automation, and instant execution control. It provides traders with an integrated system for protecting equity, managing daily drawdowns, controlling lot sizes, and applying automation features such as automatic SL/TP, break-even, and trailing stop. The tool is suitable for manual traders, prop-firm challenge particip
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