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Experts

Simple Yet Effective Breakout Strategy - expert for MetaTrader 5

Anh Quan Duong
Views:
2122
Rating:
(4)
Published:
2024.04.17 12:12
Updated:
2024.04.17 13:15
Download as ZIP, How to download code from MetaEditor
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This breakout strategy is the base for our QAlpha StockTrend product: https://www.mql5.com/en/market/product/114875.

You can freely modify/add your own filters to create your own unique version of this strategy.

The basic premise of the strategy:

  • Buy/Cover as soon as the price breaks above n bars high
  • Short/sell as soon as the price breaks below n bars low

Backtested on USDJPY 2013-2023, let's see if you can improve the results even further!


Settings

USDJPY backtest results


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