Breakout – trading on the breakout of the daily level

Low-risk conservative trading. The main entry criterion is the breakout of the daily extremum. No risky strategies. No indicators. Trading is performed based on accurate calculations and forecasts. Trades are protected by stop loss. You can work with a minimum deposit of $ 10.

There are two variants of the robot: for the MT4 terminal and for the MT5 terminal.

Strategy

The extremes of the daily price movement are strong support / resistance levels. Therefore, in the event of a breakout, the price usually travels a considerable distance. This property of the markets is used by the Breakout robot to make a profit. The robot monitors the current price, and when it crosses the high or low level of the previous day, it makes a deal in the corresponding direction. When the price moves in the direction of profit, the position is trailed by moving the stop loss. First, the transfer is performed to the breakeven point, and then the stop loss moves following the price in accordance with the adaptive trailing algorithm. Positions are closed by stop loss when the price moves in reverse. At the option of the user, positions can be closed at the end of the day.

Parameters

  • Comment — comments on the settings (any text) ;
  • Magic — magic number for positions;
  • Language — message language of the robot (Eng / Rus) ;
  • Opening hour for trading — start of trading, (6-10) hour;
  • Closing hour for trading — end of trading, (16-19) hour;
  • Lot selection — lot management method (Automatic money management/ Fixed lot);
  • Lot for 1000 units of free margin — lot per 1000 units of available funds of the base currency (for automatic money management);
  • Fixed lot — fixed lot for work without money management;
  • Break Even — break-even point, points;
  • Activation for Break Even — activation of the break-even point (points after the break-even point);
  • End of day closing method — method of closing trades at the end of the day (0 – do not close, 1 – close at the end of the day in any case, 2 – close at the end of the day in case of profit, 3 – close at the end of the day in case of loss);
  • End of the trading day — end of the trading day, when you need to close the position, (20-23) hour;
  • Initial stop loss — initial stop loss, points;
  • Interval for calculating the trailing stop — interval for calculating trailing stop, minutes;
  • Minimum trailing stop (points) — minimum value of trailing stop, points;
  • Clearance — clearance behind characteristic levels, points.

Features of use

The timeframe can be any, the trading results do not depend on it. The minimum deposit is from $ 10, but for a quick acceleration, it is desirable to $ 300. Default parameters are set for GBPJPY.

Simultaneous trading on several currency pairs is recommended, this provides a more stable trading with less risks. In this case, it is desirable to decrease the Lot for 1000 units of free margin parameter, it is divided by the number of pairs.

For each currency pair, use the corresponding set-file with settings. New set files will be uploaded here on the page. The robot is easily optimized for other currency pairs and timeframes.

Use only the MT5 strategy tester. Trading on the same type of MT4 and MT5 accounts will be the same.


Download demo version 1.0. for terminal MetaTrader 4.

Download demo version 1.0. for terminal MetaTrader 5.

Buy a robot   $200


Set-files of optimal parameters of the Breakout robot

Optimization date: 2021.03.03

set-files for the Breakout MT4 robot version 1.0:
Received on real quotes by IC Markets broker with 100% quality. Account Type: Raw Spread. Timeframe: H1.
MT4 CMarkets EURGBP 2021_06_10.set
MT4 ICMarkets EURUSD 2021_06_10.set
MT4 ICMarkets GBPJPY 2021_06_10.set
MT4 ICMarkets GBPUSD 2021_06_10.set
MT4 ICMarkets USDJPY 2021_06_10.set

set-files for the Breakout MT5 robot version 1.0:
Received on real quotes by IC Markets broker with 100% quality. Account Type: Raw Spread. Timeframe: H1.
MT5 ICMarkets EURGBP 2021_06_10.set
MT5 ICMarkets EURUSD 2021_06_10.set
MT5 ICMarkets GBPJPY 2021_06_10.set
MT5 ICMarkets GBPUSD 2021_06_10.set
MT5 ICMarkets USDJPY 2021_06_10.set


Download demo version 1.0. for terminal MetaTrader 4.

Download demo version 1.0. for terminal MetaTrader 5.

Buy a robot $200