PZ Flexible Breakout EA

5

Trade donchian breakouts with complete freedom using the Flexible Breakout EA. It can trade any breakout period, any timeframe, with pending or market orders- as desired- and implements many other useful features for the exigent trader, like customizable trading sessions and a martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • Customizable trading direction
  • Customizable donchian breakout period
  • It can trade using pending or market orders
  • Customizable break-even, SL, TP and trailing-stop
  • Built-in money management
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Filter trading by forex sessions

The EA implements four different trading behaviors:

  • Regular: The EA will buy at bullish breakouts and sell at bearish breakouts
  • Inverse: The EA will sell at bullish breakouts and buy at bearish breakouts
  • Only Buy: The EA will buy at bullish breakouts and disregard bearish ones
  • Only Sell: The EA will sell at bearish breakouts and disregard bullish ones

Additionally, the EA implements four money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade

Input Parameters

  • Trading Settings - Select trading direction, trading mode (market orders or pending orders) and the donchian breakout period in bars for the EA trade.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips.
  • Sessions Settings - Enable or disable trading for the Assian, European or American sessions.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.


    Author

    Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


    İncelemeler 5
    Gytis Labanauskas
    134
    Gytis Labanauskas 2022.09.22 16:18 
     

    Great!!

    JANOSCH REICHERT
    1211
    JANOSCH REICHERT 2021.07.11 21:58 
     

    This seems to bee a very good Breakout Sytem with many options. I will post some XAUUSD (Gold) Set´s in the Discussion Section.

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    Marek Kvarda
    5 (1)
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    Mohamed Baseer Mohamed Sabraj
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    AW Trading Software Limited
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    Stanislav Tomilov
    4.6 (15)
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    Leonid Arkhipov
    4.94 (31)
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    Sergey Kasirenko
    4.65 (54)
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    Rodrigo Arana Garcia
    5 (1)
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    Live signal   (234% Profit in one month - Deposit 340$ profit 980$) - Final real price is 999$ - Discount and price is 199$,  Price will be increased after this week. Welcome, Gold GANN Expert opens automatically trade with Highly profit, Fixed small Stop loss. After purchase, You will receive one more EA for Free! Contact me for this BONUS! (BUY 1, GET 1 FREE) - Lifetime update free No Martingale, No Grid, No Scam I am focused on help my clients, not just earn. The Gann Gold EA
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    Dmitriq Evgenoeviz Ko
    5 (1)
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    PZ TRADING SLU
    4.53 (34)
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    PZ Trade Pad MT5
    PZ TRADING SLU
    4.41 (22)
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    PZ Trend Trading MT5
    PZ TRADING SLU
    3.8 (5)
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    PZ Day Trading MT5
    PZ TRADING SLU
    2.83 (6)
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    PZ TRADING SLU
    5 (3)
    Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
    This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
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    PZ TRADING SLU
    3.17 (6)
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    PZ TRADING SLU
    4.8 (5)
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    PZ TRADING SLU
    4.67 (6)
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    PZ Pivot Points MT5
    PZ TRADING SLU
    4.91 (22)
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    PZ TRADING SLU
    4.27 (11)
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    Identify precise entry and exit points with AB=CD patterns This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizable b
    PZ Three Drives
    PZ TRADING SLU
    5 (2)
    This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visual/s
    FREE
    PZ Inside Bars MT5
    PZ TRADING SLU
    4.5 (12)
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    FREE
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    FREE
    The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
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    PZ Pivot Points
    PZ TRADING SLU
    4.6 (10)
    This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indicator
    FREE
    PZ Turtle Trading
    PZ TRADING SLU
    3.8 (10)
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    FREE
    Filtrele:
    AscendCapital
    2364
    AscendCapital 2024.02.19 21:11 
     

    Kullanıcı incelemeye herhangi bir yorum bırakmadı

    Gytis Labanauskas
    134
    Gytis Labanauskas 2022.09.22 16:18 
     

    Great!!

    JANOSCH REICHERT
    1211
    JANOSCH REICHERT 2021.07.11 21:58 
     

    This seems to bee a very good Breakout Sytem with many options. I will post some XAUUSD (Gold) Set´s in the Discussion Section.

    Andrei Toader Micu
    603
    Andrei Toader Micu 2020.06.30 19:47 
     

    Kullanıcı incelemeye herhangi bir yorum bırakmadı

    Fernando F. Souto
    523
    Fernando F. Souto 2020.05.31 06:23 
     

    Kullanıcı incelemeye herhangi bir yorum bırakmadı

    İncelemeye yanıt