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Expert: Ultra_Breakout_fix.ex4 v1.0 (Unlocked), Document: UltraBreakoutsettings.txt.
Real Breakout Trading System EA for EURUSD H15
The Real Breakout Strategy Expert Advisor (EA) is designed to detect and capitalize on true market breakouts, using an intelligent calculation engine to minimize false signals. It is optimized specifically for EURUSD H15 and is simple to use while providing robust risk management features.
Key Features:
Breakout Strategy:
The EA uses a real breakout strategy, ensuring that only valid breakout signals are executed.
Protection Features:
Stop Loss on every trade to minimize risk.
Smart Trailing and Breakeven features to lock in profits as the trade moves in your favor.
Easy to Use:
The EA is user-friendly and doesn’t involve complex trading strategies.
No grid, no martingale, and no scalping are used in the strategy.
Recommended Broker Setup:
EURUSD H15 is the optimized time frame for the EA.
Use a broker with fixed spreads between 5 to 20 points, zero STOPLEVEL, and five-digit quotes.
Risk Management & Parameters:
Order Type: Defines the trade direction.
Invest More: If enabled, lot sizes increase with account growth (risk management based on balance).
Invest Risk: Controls how much the lot size will increase as a percentage of the account balance.
Lot Size: Set a fixed lot size if Invest More is disabled.
Smart StopLoss: Automatically adjusts stop loss based on price movement.
Take Profit: Set in points, the EA automatically locks profits at your target level.
Stop Loss: Defined in points, protecting trades from significant loss.
Trailing Stop: Activates when the position is in profit, moving the stop loss to follow the price.
Trailing Step: Sets the trailing step distance once the trade is in profit.
Break Even: Moves stop loss to breakeven when the price exceeds a certain point.
Breakeven Target Pips: The price target at which breakeven is triggered.
Breakeven Jump Pips: The distance from the price at which breakeven occurs.
Additional Settings:
Magic Number: Unique identifier for each order.
Slippage: Allows for slippage tolerance before an order is executed.
Max Spread: Maximum allowed spread before a pending order is triggered.
Trading Time Filter: Set time filters for when trading is active.
Use time server or time PC to set trade times.
Enter time intervals (e.g., 00:30, 18:30) to define trading hours.
This Real Breakout EA ensures trades are executed based on solid breakout signals, with built-in protection features to safeguard your capital and maximize profitability. It is an ideal tool for traders seeking a reliable, automated system for trading EURUSD on the H15 time frame.