ZigzagBreakout

*****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.

On the other hand, we're pleased to announce that there is a MT5 version as well.

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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Bogdan Ion Puscasu
5 (6)
Quantum King EA — Poder Inteligente, Refinado para Cada Trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Preço especial de lançamento Sinal ao vivo:       CLIQUE AQUI Versão MT5:   CLIQUE AQUI Canal Quantum King:       Clique aqui ***Compre Quantum King MT4 e você poderá ganhar Quantum Queen X, Quantum Athena X, Quantum Commander, Quantum Emperor, Quantum Baron, Quantum OmniGold ou Quantum StarMan de gra
Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
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3.67 (3)
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AW Trading Software Limited
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Andriy Sydoruk
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Lachezar Krastev
5 (6)
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Shane Lee
5 (2)
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5 (4)
Bazooka EA – Expert Advisor de Tendência e Momentum para MT4 MT5:  https://www.mql5.com/en/market/product/163078 Importante:   Publicamos regularmente arquivos .set atualizados na seção de   Comentários . Certifique-se de usar a versão mais recente em seus backtests e operações reais para garantir o desempenho ideal diante da atual volatilidade do mercado. Bazooka EA é um Expert Advisor totalmente automatizado para MetaTrader 4 , desenvolvido para operar movimentos direcionais do mercado por mei
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Stanislav Tomilov
34448
Stanislav Tomilov 2023.10.13 17:11 

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Olga Snizhko
1047
Olga Snizhko 2023.09.18 11:24 

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