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Daily Breakout Wizard

385 USD

Demo downloaded: 66

Published: 30 April 2024

Current version: 1.8

Daily Breakout Wizard

Experts
Roderick Steve Griffin
Version: 1.8
Updated: 21 July 2024
Activations: 10

LIMITED TIME OFFER: 50% Off Normal Price

The Daily Breakout Wizard is a highly intelligent and stable Expert Advisor for the MT5 platform. It uses a Breakout Strategy to place trades at the open start of the London, New York and Tokyo trading sessions. This E.A Trades 3 pairs (GBPUSD, EURUSD, USDJPY) on a daily basis placing an average of 21 trades per day. The Daily Breakout Wizard does not use Martingale, Grid, Hedging or any other risky trading methods. All trades have a 15 pip stop-loss and a highly intelligent smart trailing take-profit algorithm. Each trading session can be seen as a separate portfolio with its own characteristics and when the results of all sessions are combined together it simply becomes a powerful automated trading system. A reliable and safe E.A, the results speak for itself. Join us now and let the Magic begin!

IMPORTANT/COMPULSORY: After installing, please confirm your Broker's Server Time (GMT Offset) and select it from the 'Broker Server Time Settings' drop-down selection in E.A 'Inputs'. Trading start times need to be set correctly depending on your Broker Server Time so please ensure GMT-Offset is correct. This E.A uses GMT+3 server time by default. Also select 'Wizard_Mode_AUTO' in the ‘Trading Mode Settings’ inputs for the recommended trade settings. Please ‘Private Message’ me for complete setup instructions after purchasing and also request the link to the Daily Breakout Wizard MQL5 private chat group for general chat and support queries.

This E.A Does Not use Martingale.
This E.A Does Not use Grid.
This E.A Does Not use Hedging.
This E.A Does Not use any risky trading methods.
No Floating trades running long hours.
All trades have a 15 Pip Stop-Loss (Wizard Auto Mode).
All trades have a highly effective smart trailing take-profit algorithm.
Total average of 21 trades per day / 7 trades per breakout entry per session (Wizard Auto Mode).

The Daily Breakout Wizard is a full-time auto-trading system placing trades every trading day Monday to Friday 5 days a week and all 12 months January to December. No need to turn the E.A off during high impact news events or low trading volume days/months. The Daily Breakout Wizard is built to trade every trading day.

Very simple setup, ensure to select 'Wizard Mode AUTO' with the default settings. The other thing that may need changing is the GMT-Offset depending on your Broker Server time (The E.A default GMT-Offset is GMT+3, so if your broker uses a different GMT-Offset/server time then please select it in the 'Broker Server Time Settings' drop-down).

Trading Platform: Meta Trader 5 (MT5)
Timeframe: 5 minute Charts
Minimum Start Balance: 500 (Start balance can be a lower amount depending on your account leverage)
Minimum Leverage: 1:30 (All trades have a 15 pip stop-loss so low leverage does not affect trading performance and results due to the very low drawdown).

Recommended Trading Pairs: (Defaults)

London Session: GBPUSD
New York Session: EURUSD
Tokyo Session: USDJPY

Multi Session Chart Trading Mode (Wizard Auto Mode):

The Multi Chart Mode option simultaneously trades the London (GBPUSD), New York (EURUSD) and Tokyo Sessions (USDJPY). Just add the E.A to one of these charts only and it will automatically trade all 3 pairs.

Trading Modes (Wizard AUTO Mode or Manual Mode):

Wizard Mode-AUTO (Recommended #1):

This Wizard Mode is the Daily Breakout Wizard’s original and recommended trading mode. This Wizard mode strategically places 7 pending orders per entry at the open of the London, New York and Tokyo trading sessions at potential breakout levels. All trades have a fixed stop-loss of 15 pips and a smart trailing auto take-profit based on market volume and volatility. The Wizard trades the 5 minutes charts and automatically places trades on the following currency pairs by default; GBPUSD (London), EURUSD (New York) and USDJPY (Tokyo). Please refer to the setup instructions on how to setup correctly.

Manual Mode (OPTIONAL):

Manual Mode is based on user defined settings for single charts.

Recommended Broker Account Types:

Only use a Regulated Broker with Zero Spreads account type and low commissions/fees (ECN, Zero, Raw, Razor Accounts).

Please private message me for our recommended Brokers.

VPS Required:

Highly Recommended: Please use a VPS (Virtual Private Server) to run the Daily Breakout Wizard on the Meta Trader 5 platform 24/7.

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Version 1.8 2024.07.21

Improvement to Pending Order Expiry Time

Version 1.7 2024.07.15

• Improvement to Chart User Interface
• Improvement to Trailing Profit (Wizard Auto Mode)

Version 1.6 2024.06.29

• Improvements made to Chart User Interface
• Improvements made to Take-Profit Trailing Stop

Version 1.5 2024.06.21

• Improvements made to Take Profit Trailing Stop Condition (Wizard Auto Mode)
• Improvements made to Chart user interface

Version 1.4 2024.05.04

Minor fix to Knight-Mode

Version 1.3 2024.05.04

Minor fix to Knight-Mode

Version 1.2 2024.05.02

Improvements to 'Knight Mode-AUTO'
Improvements to Chart Data

Version 1.1 2024.05.01

Minor improvement to Chart Data