INSTANT DOWNLOAD!
Price: $9.00
Expert: EA Morpheus.ex4 v5.98 (Unlocked), EaMorpheusSettings.txt.
Breakout-Based Expert Advisor with Proven Performance and Smart Risk Management
This Expert Advisor is built on a powerful breakout strategy that detects market entry signals when the price breaks out of a defined range. It’s a reliable and time-tested system that aims to catch strong market moves while avoiding false breakouts.
Built on 15 Years of High-Quality Data
We’ve backtested the strategy using 15 years of historical data with 99.9% modeling quality. Only the most effective breakout signals were selected, and unreliable patterns were filtered out using advanced technical analysis. The result? A refined EA that focuses only on the best breakout setups.
Key Features:
Smart Signal Filtering: The EA automatically filters out weak or false breakouts, reducing the chances of bad trades.
Adaptive Trailing Stop: Dynamically adjusts the trailing stop to lock in profits based on market conditions.
Low-Risk Strategy: Uses a small Stop Loss to keep drawdowns minimal and protect your account.
Fully Automated: Once set up, it runs on autopilot and trades based on defined conditions—no manual intervention needed.
Live Performance Monitoring:
Track real-time results here:
🔗 View on MQL5
Recommendations for Best Performance
Broker: Choose one with low spreads and fast execution.
Pair/Timeframe: EURUSD on the M30 chart is recommended.
VPS: A reliable VPS ensures stable operation and minimal downtime.
Customizable Parameters:
Trade Settings:
Magic: Unique trade identifier.
Order Comment: Custom label for orders.
Slippage: Max slippage allowed for order execution.
Max Spread: Caps spread for trade entries.
Average Spread Ticks: Measures spread data for better trade timing.
Pending Order Filter: Automatically removes trades when spreads exceed limits.
Lot & Risk Management:
Fixed Lot: Set a specific lot size (when risk management is off).
Use Risk MM: Enables dynamic lot sizing based on account balance.
Percentage Risk: Controls how aggressively lot size scales with balance.
Exit & Safety Controls:
Take Profit / Stop Loss: Set in points for automated exits.
Breakeven Settings: Move stop loss to breakeven after a set number of pips.
Trailing Stop / Step: Automatically adjusts stop loss as price moves in your favor.
Slippage Protection: Closes trades during high slippage events.
Adaptive Trailing: Reacts to slippage and market changes in real time.
Advanced Trailing Options:
Correction Coefficient: Adjusts trailing sensitivity.
Time-Based Trailing: Analyzes price movement over time intervals for smarter trailing decisions.
Intraday Time Filters
Daily Trading Hours:
Use Time Filter: Enable trading only during set hours.
Server Time Settings: Syncs with your broker’s or system’s time.
Start/End Time: Define the daily trading window (hh:mm format).
Friday Session Control:
Friday End Time: Automatically stops trading at a specific time before the weekend.
If you’re looking for a breakout strategy that balances performance with risk control, this EA is an excellent choice for both novice and professional traders. With built-in safety measures, intelligent trailing logic, and a clear trading edge, you can trade confidently in today’s fast-moving forex markets.