Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses an adaptive trailing stop algorithm. The EA uses a system of closing positions during slippages. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the algorithm of statistics collection with output on the information panel. pair/timeframe: EURUSD M30, EURUSD H1, USDJPY M30, USDJPY H1, GBPUSD M30, GBPUSD H1.
Recommended pair/timeframe: EURUSD H1 , USDJPY H1 or EURUSD M30 , USDJPY M30 |