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Expert: EA Black Scorpion 10.79.ex4 (Unlocked MT4 Build1420+), NO MANUAL.
β Breakout EA β User Guide
π Strategy Overview
-
Type: Breakout trading strategy
-
Breakout Types Used:
-
Support & Resistance Breakout
-
Downtrend Breakout
-
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.
-
π Supported & Recommended Symbols/Timeframes
Symbol | Supported Timeframes | Recommended |
---|---|---|
EURUSD | M30, H1 | β H1 or M30 |
USDJPY | M30, H1 | β H1 or M30 |
GBPUSD | M30, H1 | β Not recommended for live use unless tested |
βοΈ Trading Requirements
-
Broker Requirements:
-
Low Spread: 0.0β2.0 pips (0β20 points)
-
Stop Level: 0.0β0.5 pips (0β5 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.
-
π‘οΈ 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.
π§ͺ Before Live Use
-
Demo Test First: Try with minimal risk settings.
-
Broker Testing: Ensure compatibility with EA parameters (spread, stop level).
-
Use Unique Magic Numbers: If using multiple EAs on the same account.
π 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
β Expert Advisor Configuration Summary
π Information Panel
-
Show_Info_Panel
:-
true
: Displays real-time trading stats. -
false
: Disables panel (recommended for faster strategy testing).
-
π’ Trade Identification
-
Magic
: Unique trade identifier (must differ from other EAs). -
Order_Comment
: Custom comment added to each order.
π Execution Conditions
-
Slippage
: Max allowed slippage (in points) before order triggers. -
Max_Spread
: Max allowed spread (in points) before a pending order triggers.
π Trade Direction
-
Order_Type
: Defines trade direction.
(e.g., buy/sell/both depending on EA logic)
π° 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).
-
π― Profit & Loss
-
Take_Profit
: Take Profit level (in points). -
Stop_Loss
: Stop Loss level (in points).
βοΈ 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.
-
π 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.
-
π§ 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.
π Time-Based Trading
-
Use_time
:-
true
: Activates trading within a defined time window.
-
-
Time_Setting
:-
Use server time or local PC time.
-
-
GMT_mode
:-
Brokerβs GMT offset. Set to
0
if not used.
-
-
Every_Day_Start
/Every_Day_End
:-
Define daily tra
-
ding window (format:
hh:mm
).
-
π Friday Trading Cutoff
-
Disable_in_Friday
:-
Time to end operations on Friday (
hh:mm
).
(Used whenUse_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?