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EURUSD Breakout EA that trades based on price movements

5.00 star(s) 1 Vote

Bmoreprofit

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EURUSD Breakout EA
  • Trades EURUSD breakouts on any time frame
  • Full control over trade volumes, stops and profit levels
  • Risk settings to control “frequency” of trading activity
  • Works alongside other trading strategies
Time Frames

The EA works best at shorter timeframes as these allow it to analyze price action at a more fundamental level. The one minute (M1), and five minute (M5) charts tend to be the most effective. Nevertheless, higher timeframes can also work.

Input Settings

Trade lot size: The lot size that will be traded
Maximum orders: Maximum simultaneous orders the EA can place
Min interval: Shortest interval between sending trade orders (in bars)
TP: The initial take profit
SL: The stop loss
Model sensitivity: 1=Normal; lower is more cautions; higher is more aggressive
Squeeze bars: Bars over which the EA will analyze for breakout signals
 

Attachments

  • EURUSD_Breakout_1.41.ex4
    61.9 KB · Views: 29

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