Breakout Catcher EA
- Эксперты
- Версия: 1.0
Breakout Catcher EA — Free Edition
Optimized for Cash Indices | M30 Timeframe
Breakout Catcher EA is a simple yet effective trading tool designed to capture breakout movements on popular cash indices such as the S&P 500 and MSCI ACWI.
This Expert Advisor uses a breakout-based approach combined with smart trailing and breakeven management to help you trade trend continuations with precision.
Key Features
✅ Ideal for cash indices (SP500, MSCI ACWI)
✅ Works best on M30 timeframe
✅ Automatic breakout detection
✅ Advanced trailing stop and breakeven management
✅ No complicated parameters — easy to use
✅ Compatible with any broker
Strategy Overview
The EA identifies strong price movements by analyzing recent highs and volatility levels. When price breaks above a key resistance level (calculated over a user-defined range), a long position is opened. The EA includes robust risk management:
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Customizable breakeven & trailing stop
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Dynamic stop-loss adjustment based on moving averages and price action
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No grid, martingale, or dangerous techniques
Recommended Settings
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Symbol: Cash Indices (S&P500, MSCI ACWI, etc.)
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Timeframe: M30
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Count (lookback candles): 80 (default)
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Lot size: Adjustable
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Magic number: Adjustable
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Trailing / Breakeven: Adjustable
Why is this free?
This EA is offered completely free to showcase the quality of my work.
If you like it, take a look at my other premium EAs here on the MQL5 marketplace — for more powerful and versatile tools.
Disclaimer
As with any trading algorithm, always test on a demo account and use proper risk management.
Past performance does not guarantee future results.
