Breakout Catcher EA

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:

• Customizable breakeven & trailing stop

• Dynamic stop-loss adjustment based on moving averages and price action

• No grid, martingale, or dangerous techniques

Recommended Settings

• Symbol: Cash Indices (S&P500, MSCI ACWI, etc.)

• Timeframe: M30

• Count (lookback candles): 80 (default)

• Lot size: Adjustable

• Magic number: Adjustable

• 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.