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ZigzagBreakout

*****Unlocking the Expertise: EA Source Code for Dedicated Learners
 *****Commencing from November 2021, the "EA + source code" version is at your disposal,
*****allowing those who purchase (not rent) this EA to explore its inner workings.
*****To acquire the source code, kindly direct your request, along with purchase information by sending messages to me.
*****Upon confirming your purchase, the source code will be extended to you.

*****< Disclaimer >
*****We provide the source code exclusively for educational purposes, enabling those inclined to delve into the
*****intricacies of real functional code. It's essential to underscore that our team shall not offer any form of support,
*****enhancements, hints, or guidance for improvements. Additionally, reselling the exact source code remains prohibited
*****under all circumstances.

Harnessing a Classic Strategy: Unveiling ZigZagBreakout

This EA adopts a traditional ZigZag strategy—a cornerstone in trading. When significant market movements occur, the EA promptly aligns itself with the prevailing trend, facilitating strategic orders.

Deconstructing the ZigZagBreakout Strategy

While the core concept of the ZigZag strategy is widely available, the EA's innovation lies in the ZigZagBreakout function. Achieving optimal outcomes entails implementation on EURUSD, particularly on the M15 and H1 time frames. Although it demonstrates prowess across various time frames, the recommended hierarchy stands as follows: M15, M30 or H1.

Distinguishing itself from numerous other breakout EAs, the EA's backtest results harmonize remarkably with those from demo and live accounts—an alignment seldom witnessed.

For those seeking deeper insights, I periodically share my ZigZagBreakout results on the community page. For comprehensive explanations, I invite you to explore our dedicated blog: TASFX Blog.

On the other hand, we're pleased to announce that there is a MT5 version as well.

Configuration:

  • Magic: Assign a unique Magic Number.
  • EA Comment: Personalize comments for enhanced tracking.
  • Slippage: Define maximum permissible slippage.
  • OrderMode: Opt for StopOrder or NormalOrder, each dictating distinct execution methods.
  • UseAutoLots: Opt for True/False (False implies fixed lots).
  • Lots: Define lot size for fixed lots.
  • Risk: Input a percentage (recommended not exceeding 5).
  • Stoploss: Set stop loss in points.
  • EntryStoploss: Determine hard stop loss in points (recommended larger than Stoploss parameter).
  • TakeProfit: Specify take profit amount in points.
  • MaxSpread: Define maximum allowable spread.
  • AverageSpread: Specify the number of ticks for calculating average spread points.
  • StopHour: Halt EA between specified broker time (e.g., 01:00-02:59).
  • WeekEndDayOfWeek: Opt for Friday, Saturday, or DoNotUse.
  • WeekEndHour: Cease EA activities from 23:00 (broker time) on the chosen week-end day, including pending orders and existing positions.
  • StartTrailingStop: Set starting point for trailing in points.
  • TrailingDistance: Define trailing distance in 0 points.
  • UseBreakEven: Activate Break Even function (leave "true" if desired).
  • StartBreakEven: Modify stop loss parameter in points.
  • BreakEvenProfit: Set desired BreakEven benefit (in Points).
  • ZigzagDepth, ZigzagDeviation, ZigzagBackstep: Parameters for Zigzag indicators.
  • OrderBuffer: Gauge the point difference between Zigzag top and current price.
  • MinVolume: Set minimum parameter for the Volume indicator.
  • TimeToPauseAfterOrdering(s): Determine seconds to halt orders post last order (Default: 0, implying immediate execution).

With these configurations at your fingertips, you're empowered to navigate the intricacies of the EA, forging a path that aligns with your trading aspirations.


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Yu Mei Cheng
4.64 (14)
Experten
Hinweise Der EA enthält maximal 6 Einstiegspunkte, die Losgröße pro Trade entspricht der Order-Losgröße multipliziert mit 6, daher bitte keine zu hohe Losgröße verwenden. Die standardmäßige Losgrößenberechnung erfolgt nicht prozentual zum Kapital. Unsere Standardberechnung ist nicht von der Hebelwirkung beeinflusst und ermöglicht eine genauere Risikokontrolle.  Es wird empfohlen, Kapital über 1.000 US-Dollar einzusetzen, um die Risikobeständigkeit zu erhöhen. Bei gleichzeitiger Nutzung mehrerer
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Valeriia Mishchenko
4.31 (48)
Experten
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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4.69 (13)
Experten
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Nadiya Mirosh
Experten
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
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4.15 (13)
Experten
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5 (1)
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5 (1)
Experten
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Denis Kurnev
5 (5)
Experten
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Profalgo Limited
5 (2)
Experten
Willkommen bei Indicement! PROP FIRM READY! -> Set-Dateien   hier herunterladen Einführungsaktion: Nur noch wenige Exemplare zum aktuellen Preis verfügbar! Endpreis: 990 $ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Ultimativer Kombi-Deal     ->     hier klicken ÖFFENTLICHER GRUPPE BEITRETEN:   Klicken Sie hier   LIVE SIGNAL INDICEMENT   bringt meine 15-jährige Erfahrung in der Erstellung professioneller Handelsalgorithmen in die Indexmärkte ein. Der EA verwendet einen s
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5 (2)
Experten
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Arseny Potyekhin
5 (3)
Experten
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Stanislav Tomilov
22168
Stanislav Tomilov 2023.10.13 17:11 
 

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Olga Snizhko
980
Olga Snizhko 2023.09.18 11:24 
 

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Antwort auf eine Rezension
Version 2.9 2021.11.21
Some minor upgrade