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Breakout Scalper is an environment friendly EA that trades on EU and US Market Open occasions. It assesses the power of the sign and decides to commerce with a hard and fast danger and revenue.
Finest outcomes are achieved on DJ30.
NO martingale, grid or averaging, every commerce begins with a Cease Loss.
Telegram group: _s2Pip-Cl3tiOWNk
Myfxbook account: myfxbook.com/portfolio/mt5-1189635/9539626
- Entry heaps (1): Specifies the lot measurement for every order.
- Slippage (1000): Specifies the utmost allowed slippage
- Cease Loss (0): Cease Loss pips
- Take Revenue (0): Fastened Take Revenue, if set to 0, computerized choice is lively.
- Market Open Hour in GMT (Technique tester would not assist GMT): Specifies the hour when the EU or US market opens
- Market Open Minute in GMT: Specifies the minutes when the EU or US market opens
- Offset from market open in seconds: Specifies the delay from market open time to open orders.
- Shut all trades and cease buying and selling if fairness reaches (0 – Disabled): if the overall account fairness reaches this absolute worth, trades shall be closed and the EA will cease working
- Magic Quantity: EA distinctive ID when working a number of cases on the identical account.
The algorithm was backtested with VantageFX dealer historic information.
The instrument on the screenshot is DJ30 on td365.
Advisable timeframe: 5M
Advisable brokers: symmetric slippage, tight spreads.
In case you are utilizing a number of charts on the identical account, keep in mind to vary the Magic Quantity for every EA.
You probably have any questions, please contact me by way of telegram @dmilicevic.
Futures and foreign currency trading accommodates substantial danger and isn’t for each investor.
An investor may probably lose all or greater than the preliminary funding.
Danger capital is cash that may be misplaced with out jeopardising ones’ monetary safety or life model.
Solely danger capital needs to be used for buying and selling and solely these with ample danger capital ought to contemplate buying and selling.
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12 August 2021
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I’ve been using Breakout Scalper for about a month now. It’s shown incredible results on US30 and some profit on NAS100 also. Unlike many EAs on the MQL Market, this EA places 1 trade, 1 stoploss, 1 take profit – no martingale or grid tactics that can blow your account quickly. The trades happen quickly on the US Open, so you are not left anxious with floating profit or drawdown. There is typically a maximum of 1-2 trades per day, but it will not force a trade if the probability of success is not high enough. I can highly recommend this EA for anyone who is looking to bring stability and structure to their trading.