Index Daily Breakout
- Experts
- Cristian Alexander Aravena Danin
- Version: 1.0
- Activations: 10
NO MARTINGALE, NO GRID, NO ARBITRAGE, NO NEURAL NETWORKS
10+ YEARS TEST
Index Daily breakout is an EA that trades the US30/DowJones daily breakout; it doesn't use martingale or grid; It uses a real strategy and just makes a simple trade with a trailing stop loss.
You can set the desired risk per trade, using a flat amount in USD or using a percentage of the account equity. I recommend using the percentage risk and not using more than 1%. Keep in mind that a higher risk means a higher reward but also bigger drawdowns.
Brokers tested: ICMarkets, FPMarkets, Pepperstone, FusionMarkets (These are the brokers tested; it may work in others that I haven't tested yet) They had different performances; the one with the best performance was ICMarkets.
HOW TO USE:
The use of the ea is very simple; just use it in a US30 1H chart.
The ea has to be running at all times, so I recommend using a 24/7 VPS.
preferably use a low-spread account.
min deposit: $200 with 1:100 leverage (Keep in mind that using a low deposit can result in a higher risk than desired because the ea will have to trade with the broker's minimum lot size)
You can try to use a deposit of $100 at your own risk, because if you catch a drawdown period, you may run out of margin. But if you are lucky, you might catch a big trade at the beginning.
Recommended deposit: $500 1:100
PARAMETERS:
Magic Number: It's just a number to identify the trades made by the EA.
USD Risk: It's a fixed amount at risk per trade (set this to 0 to use the %Risk).
Percentage %Risk: It's a percentage of the account equity at risk per trade. (Recommended) (a value higher than 1% is very risky)
Allow Trade Short.
Allow Trade Long. ( I recommend allowing both long and short )
IMPORTANT!!
The screenshot that says experimental is just to show how the ea would perform without brokers lot size limitations.
