EA has been optimized for the momentum driven 2020-2021. (during mid 2019, the market started to have more frequent successful breakouts)
Working symbol EURUSD Working Timeframe: H1 Min deposit: $200 , ECN Account . RECOMMENDED SETTINGS RISK 1% or 3% (RISK 30% image is just to show demonstration of maximum tolerances) Default is GMT3 for IC Markets broker. Pending orders opened at 11am (if Volatility is Accepted for Trading) (Dont use bucketshop brokers, their slippage will incur losses on your trades.) |
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Features:
- 1:500 leverage, Good ECN broker with low commission and spread
Tips:for breakout ea to work optimally
1. low latency from vps to broker datacenter. 2ms-10ms. Location of vps geographically must be near to broker servers.
2. vps must not be laggy. else orders are lagged, and can miss tp on fast candle moves.
3.low spread, low slippage broker.
some brokers have bad slippage so no matter what, breakout ea dont work on them.
- Backtested with Tick Data Suite real 99% tickdata, variable spreads and slippage.
- Easy to install
How to Install:
Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MASTERMIND X will appear there. Click Install.
Open MT4/Navigator Menu, Open an empty chart of EURUSD H1
Drag the EA at Navigator menu, to the EURUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.
Make sure that there are no errors in Experts/Journal tab
That’s it! Wait for Profit!
Settings:
- Trade Comment- Comment for EA’s orders
- Magic Number – unique identifier for EA’s orders
- Maxspread – If above this value, trade will not happen
- AutoMM Risk – Enable auto lots and risk setting.
- Manual Lot – Fixed Lotsize
- TP – In Pts
- Trailing Tp – Starts Trail in Pts
- Trail Step – Shifts TP by trailing
- SL – In Pts
- GMT – GMT of broker
- Start/End Hr – Periods where the EA will look for a trade (during high liquidity periods)
- HolidayShutdown- Stop EA during holiday low liquidity days
Below backtests are 2020-2021 autoMM 30%,10%, 5%, and fixed lot 2018-2021/2010-2021
[spoiler title=”Read More…”]
EA has been optimized for the momentum driven 2020-2021. (during mid 2019, the market started to have more frequent successful breakouts)
Features:
- 1:500 leverage, Good ECN broker with low commission and spread
Tips:for breakout ea to work optimally
1. low latency from vps to broker datacenter. 2ms-10ms. Location of vps geographically must be near to broker servers.
2. vps must not be laggy. else orders are lagged, and can miss tp on fast candle moves.
3.low spread, low slippage broker.
some brokers have bad slippage so no matter what, breakout ea dont work on them.
- Backtested with Tick Data Suite real 99% tickdata, variable spreads and slippage.
- Easy to install
How to Install:
Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MASTERMIND X will appear there. Click Install.
Open MT4/Navigator Menu, Open an empty chart of EURUSD H1
Drag the EA at Navigator menu, to the EURUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.
Make sure that there are no errors in Experts/Journal tab
That’s it! Wait for Profit!
Settings:
- Trade Comment- Comment for EA’s orders
- Magic Number – unique identifier for EA’s orders
- Maxspread – If above this value, trade will not happen
- AutoMM Risk – Enable auto lots and risk setting.
- Manual Lot – Fixed Lotsize
- TP – In Pts
- Trailing Tp – Starts Trail in Pts
- Trail Step – Shifts TP by trailing
- SL – In Pts
- GMT – GMT of broker
- Start/End Hr – Periods where the EA will look for a trade (during high liquidity periods)
- HolidayShutdown- Stop EA during holiday low liquidity days
- 1:500 leverage, Good ECN broker with low commission and spread
Tips:for breakout ea to work optimally
1. low latency from vps to broker datacenter. 2ms-10ms. Location of vps geographically must be near to broker servers.
2. vps must not be laggy. else orders are lagged, and can miss tp on fast candle moves.
3.low spread, low slippage broker.
some brokers have bad slippage so no matter what, breakout ea dont work on them.
- Backtested with Tick Data Suite real 99% tickdata, variable spreads and slippage.
- Easy to install
How to Install:
Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MASTERMIND X will appear there. Click Install.
Open MT4/Navigator Menu, Open an empty chart of EURUSD H1
Drag the EA at Navigator menu, to the EURUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.
Make sure that there are no errors in Experts/Journal tab
That’s it! Wait for Profit!
- 1:500 leverage, Good ECN broker with low commission and spread
Tips:for breakout ea to work optimally
1. low latency from vps to broker datacenter. 2ms-10ms. Location of vps geographically must be near to broker servers.
2. vps must not be laggy. else orders are lagged, and can miss tp on fast candle moves.
3.low spread, low slippage broker.
some brokers have bad slippage so no matter what, breakout ea dont work on them.
Tips:for breakout ea to work optimally
1. low latency from vps to broker datacenter. 2ms-10ms. Location of vps geographically must be near to broker servers.
2. vps must not be laggy. else orders are lagged, and can miss tp on fast candle moves.
3.low spread, low slippage broker.
some brokers have bad slippage so no matter what, breakout ea dont work on them.
How to Install:
Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MASTERMIND X will appear there. Click Install.
Open MT4/Navigator Menu, Open an empty chart of EURUSD H1
Drag the EA at Navigator menu, to the EURUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.
Make sure that there are no errors in Experts/Journal tab
That’s it! Wait for Profit!
Click Buy on MQL5, Log into your MQL5 account at MT4 Tools/Options/Community, then Go to Market Tab, Choose Purchased. MASTERMIND X will appear there. Click Install.
Open MT4/Navigator Menu, Open an empty chart of EURUSD H1
Drag the EA at Navigator menu, to the EURUSD chart. Make sure Autotrading turned on, Smiley appears on top right corner of Chart.
Make sure that there are no errors in Experts/Journal tab
That’s it! Wait for Profit!
Settings:
- Trade Comment- Comment for EA’s orders
- Magic Number – unique identifier for EA’s orders
- Maxspread – If above this value, trade will not happen
- AutoMM Risk – Enable auto lots and risk setting.
- Manual Lot – Fixed Lotsize
- TP – In Pts
- Trailing Tp – Starts Trail in Pts
- Trail Step – Shifts TP by trailing
- SL – In Pts
- GMT – GMT of broker
- Start/End Hr – Periods where the EA will look for a trade (during high liquidity periods)
- HolidayShutdown- Stop EA during holiday low liquidity days
Settings:
- Trade Comment- Comment for EA’s orders
- Magic Number – unique identifier for EA’s orders
- Maxspread – If above this value, trade will not happen
- AutoMM Risk – Enable auto lots and risk setting.
- Manual Lot – Fixed Lotsize
- TP – In Pts
- Trailing Tp – Starts Trail in Pts
- Trail Step – Shifts TP by trailing
- SL – In Pts
- GMT – GMT of broker
- Start/End Hr – Periods where the EA will look for a trade (during high liquidity periods)
- HolidayShutdown- Stop EA during holiday low liquidity days
Below backtests are 2020-2021 autoMM 30%,10%, 5%, and fixed lot 2018-2021/2010-2021
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