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Period Breakout EA

The Period Breakout EA is a powerful and versatile Expert Advisor designed to capture profitable trading opportunities by identifying key market breakouts. This EA works by determining the highest and lowest price points within a user-defined period. Once the price breaks out of this range, the EA automatically opens a trade in the breakout direction.

Key Features:

  • Customizable Period: Define the specific time period for calculating the highest and lowest prices, ensuring the strategy is tailored to your preferred trading hours.
  • Automated Breakout Trading: The EA automatically detects and trades breakouts as they occur, eliminating the need for manual intervention.
  • Money Management System: The Period Breakout EA includes a robust money management feature. If a trade results in a loss, the EA will double the lot size for the next trade, aiming to recover losses efficiently.
  • User-Friendly Interface: Simple and intuitive settings make it easy to configure and monitor the EA's performance.

How It Works:

  1. Period Definition: The EA calculates the highest and lowest prices within a predefined time period.
  2. Breakout Detection: When the price breaks above the highest point or below the lowest point, the EA opens a trade in the direction of the breakout.
  3. Lot Size Adjustment: If the EA encounters a loss, it will automatically double the lot size for the next trade, helping to recover previous losses while managing risk effectively.
This EA has undergone backtesting over the period from 2017 to June 2024 (over 7 years) on Pair XAUUSD/GOLD Timeframe H1.
It is recommended to use a broker with high leverage and low spreads.


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