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Ultimatum Breakout MT5

1

Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals.

The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven.

It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing.
  • No Martingale.
  • No arbitrage.
  • No other risky strategies.
  • No scalping.

Monitoring: https://www.mql5.com/en/signals/author/profi_mql

The EA is optimized for EURUSD H1 only.

МetaТrader 4 versionhttps://www.mql5.com/en/market/product/15702


Requirements and Recommendations

  1. Before using on a live account, test the EA with minimal risk.
  2. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
  3. Use VPS server with minimal network latency to the broker's server.
  4. Leverage of 1: 100 or more is recommended.


Parameters

  • Show_Info_Panel — Information panel. (at the value false - Speeds up the testing in the strategy tester).
  • Magic — Trades identifier.
  • Order_Comment — Comments to the order.
  • Slippage — Allowed slippage before an order triggers.
  • Max_Spread — Maximum Spread allowed before pending order is triggered.
  • Adaptive_Spread_for_trade — At the value 'true' the spread is added to trailing stop and stop loss.
  • Order_Type — trading direction.
  • Fixed_Lot — Fixed lot ( if "Use_Risk_MM" = false ).
  • Use_Risk_MM — At the value 'true' the lot size increases as the account balance grows.( Risk Management ).
  • Percentage_Risk — Increase the lot size based on balance.( Risk Management % ).
  • Take_Profit — Take profit level in points.
  • Stop_Loss — Stop loss in points.
  • Use_Smart_StopLoss— At the value 'true' the stop loss is adjusted according to the price movement.
  • Smart_StopLoss — Step of the smart stop loss.
  • Use_Break_Even — If this is true Stop loss price will be moved to breakeven when price is above target points.
  • Breakeven_Target_PipsInp — When price is above this value breakeven will be triggered.
  • Breakeven_Jump_PipsInp — Stop loss will be moved using this value to breakeven.
  • Use_Trailing — If this is true, profit will be protected with trailing stop.
  • Set Trailing Mod - 7 trailing stop modifications.
    • Trailing_modification_1 - modification 1.
    • ...
    • Trailing_modification_7 - modification 7.
  • Trailing_Stop — Trailing points, when the position is in profit.
  • Trailing_Step — Trailing step, when the position is in profit.
Trading within the week:
  • Monday - trade on Monday;
  • ...
  • Friday - trade on Friday.

Trading by time within the day:

  • Use time — If 'true' trading will be performed by time.
  • GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
  • Every_Day_Start — Operation start time (hh:mm).
  • Every_Day_End — Operation end time (hh:mm).

Operation end time on Friday:

  • Use time — If true trading will be performed by time.
  • Disable_in_Friday — Operation end time on Friday (hh:mm).


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Cayetano Martin Fernandez
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Cayetano Martin Fernandez 2021.08.03 12:56 
 

SCAM en Real desastre total.

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Versão 5.61 2020.04.28
Fixed minor bugs.