• It works on all types of trading instruments and on any timeframe
• It has the function of working on time, limiting slippage and maximum spread
• Easy setup and intuitive dashboard interface
• Suitable for tracking positions opened manually
• Different configuration optionsStopLoss and TakeProfit
• Optionally, it can use averaging

The indicator elements are visible only if the indicator is running – AW Breakout Catcher Indicator

Input settings

MAIN SETTINGS – the main settings of the Expert Advisor

• Success Rate – The success rate for opening an order. If the indicator is less than you specify, the Expert Advisor will not open an order
• Order lots – The volume of the order to open
• Enable Autolot calculation – Use automatic lot calculation. This function allows you to save the risk settings when changing the deposit
• Autolot deposit per 0.01 lots – The amount of the deposit for every 0.01 when using autolot

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STOP LOSS TAKE PROFIT SETTINGS

• TakeProfit Mode – Select a take profit strategy:
• Close position on TP1 
• Close position on TP2 
• Use TP in Points 
• TakeProfit in Points (if used) – Fixed StopLoss for each individual order
• StopLoss Mode-Strategy selection StopLoss:
• Exit on opposite signal 
• Use Fixed StopLoss 
• Use SL from Indicator 
• Without StopLoss 
• StopLoss in Points (if used) – Fixed StopLoss for each individual order

• Close position on TP1 
• Close position on TP2 
• Use TP in Points 

• Exit on opposite signal 
• Use Fixed StopLoss 
• Use SL from Indicator 
• Without StopLoss 

GRIDS SETTINGS

• Use grids – Use opening of order buckets
• Step between orders-Variable that regulates the step between orders, measured in points
• Multiplier – Multiplier for orders. Each subsequent order opened by the Expert Advisor in the order grid will be larger than the previous one by this coefficient
• Orders Number Limit – The maximum number of orders in one direction in the basket

 BREAKOUT CATCHER SETTINGS

• Range filtering – Coefficient for filtering market ranges. The higher the value, the lower the sensitivity of the indicator signals
• Amplitude – The number of bars used to calculate the algorithm, the more , the lower the sensitivity of the indicator signals. The higher, the lower the sensitivity of the indicator signals, the lower, the greater the sensitivity of the indicator signals
• TakeProfits target – Coefficient for TakeProfit 1 and TakeProfit 2 goals. The higher the multiplier, the greater the profit from a single trade, but the lower the success rate of the signals
• StopLoss Mode – Variable that defines the strategyStopLoss
• StopLoss target-Multiplier forStopLoss. The higher the value of the variable the further away from the opening price it will be locatedStopLoss
• Maximum bars – The number of bars for calculating statistics

• Work on Time 
• Start Time 
• End Time 

NOTIFICATIONS SETTINGS-notification settings section

• Send push notifications when close orders 
• Send mails when close orders 
• Send alerts when close orders 

ADVISOR SETTINGS  

• Orders Magic number – The main ID of the EA’s orders
• Comments for orders – Comments on the EA’s orders
• Slippage Limit – Maximum allowed slippage in points
• Spread Limit – The maximum allowed spread for opening orders
• Maximum size of orders – The maximum amount of the sum of all orders
• Allow to open OP_BUY orders – Allow sending OP_BUY orders
• Allow to open OP_SELL orders – Allow sending OP_SELL orders
• Allow to open new orders after close-Allow to send new orders after all orders are closed
• Font size in panels-Change the font size in the panel
• Show panel – Show or hide the Expert Advisor panel

Other developments of the author, MT4 version

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