EA Black Scorpion v10.79

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Content: Expert: EA Black Scorpion 10.79.ex4 (Unlocked-Unlimited), NO MANUAL.

✅ Breakout EA – User Guide

🔍 Strategy Overview

• Type: Breakout trading strategy

• Breakout Types Used:

  1. Support & Resistance Breakout

  2. Downtrend Breakout

  3. Uptrend Breakout

• Key Features:

  • Small Stop Loss (SL): Minimizes risk and protects equity.

  • Adaptive Trailing Stop: Adjusts dynamically to lock in profits.

  • Slippage Protection: Positions close during high slippage.

  • Built-in Statistics Panel: Displays real-time trade metrics.

  • Backtest Quality: 99.9% real tick accuracy with passed stress testing.

📈 Supported & Recommended Symbols/Timeframes

⚙️ Trading Requirements

• Broker Requirements:

  • Low Spread: 0.0–2.0 pips (0–20 points)

  • Stop Level: 0.0–0.5 pips (0–5 points)

  • Freeze Level: 0.0 pips

  • Execution: Fast, reliable

  • Leverage: Minimum 1:100

• Environment:

  • Use a VPS server with low latency to broker.

  • Ensure slippage control and stable internet.

🛡️ Safety Measures

• SL on Every Trade: Ensures limited risk per trade.

• Trailing Stop: Automatically locks in profits during trends.

• Slippage Handling: Avoids high-impact trades during volatile moments.

🧪 Before Live Use

1. Demo Test First: Try with minimal risk settings.

2. Broker Testing: Ensure compatibility with EA parameters (spread, stop level).

3. Use Unique Magic Numbers: If using multiple EAs on the same account.

📘 Final Notes

• This EA is optimized and stress-tested, but live performance depends on broker quality and market conditions.

• Always monitor performance periodically and adjust risk as needed.

Would you like:

• A .set file for EURUSD H1 with optimal default settings?

• A signal monitoring template to track EA performance?

• A MetaTrader-compatible summary info panel overlay?

Parameters

✅ Expert Advisor Configuration Summary

📊 Information Panel

• Show_Info_Panel:

  • true: Displays real-time trading stats.

  • false: Disables panel (recommended for faster strategy testing).

🔢 Trade Identification

• Magic: Unique trade identifier (must differ from other EAs).

• Order_Comment: Custom comment added to each order.

📉 Execution Conditions

• Slippage: Max allowed slippage (in points) before order triggers.

• Max_Spread: Max allowed spread (in points) before a pending order triggers.

🔁 Trade Direction

• Order_Type: Defines trade direction.
  (e.g., buy/sell/both depending on EA logic)

💰 Lot Size Settings

• Fixed_Lot:

  • Manual lot size (only used when Use_Risk_MM = false).

• Use_Risk_MM:

  • true: Enables dynamic lot sizing based on balance.

• Percentage_Risk:

  • Risk percentage per trade (used when Risk MM is enabled).

🎯 Profit & Loss

• Take_Profit: Take Profit level (in points).

• Stop_Loss: Stop Loss level (in points).

⚖️ Breakeven Settings

• Use_Break_Even:

  • true: Moves SL to breakeven at a profit threshold.

• Breakeven_Target_PipsInp:

  • Trigger value (price in profit before breakeven activates).

• Breakeven_Jump_PipsInp:

  • Distance moved when breakeven is applied.

📈 Trailing Stop

• Use_Trailing:

  • true: Enables trailing stop for locking profits.

• Trailing_Stop:

  • Trailing SL distance (in points).

• Trailing_Step:

  • Step interval for trailing updates.

🧠 Adaptive Trailing Stop

• Adaptive_Trailing_to_slippages: Enables trailing adapted to market slippage.

• Change_correction_coefficient: Sensitivity to price changes.

• Adaptive_by_Time: Enables time-based adaptive trailing.

• Time_Scale: Time interval for adaptive price evaluation.

🕒 Time-Based Trading

• Use_time:

  • true: Activates trading within a defined time window.

• Time_Setting:

  • Use server time or local PC time.

• GMT_mode:

  • Broker’s GMT offset. Set to 0 if not used.

• Every_Day_Start / Every_Day_End:

  • Define daily tra

  • ding window (format: hh:mm).

📆 Friday Trading Cutoff

• Disable_in_Friday:

  • Time to end operations on Friday (hh:mm).
    (Used when Use_time = true)

Would you like:

• A ready-to-use .set file for any specific pair/timeframe?

• Recommended optimal parameter values for a low-drawdown configuration?

• Visual mockup of how the info panel might look in MT4/MT5?