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Extreme Breakout EA Lite

3.75

The Extreme Breakout EA Lite is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA Lite trades using pending orders and has the option to enter using market orders if required.

Lite version is limited to 0.01 lots without money management.

View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Designed for the following pairs:
AUDCHF, AUDJPY, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCHF, USDJPY & XAUUSD

Features

  • Fully automated
  • Not sensitive to spread, high pip/low lot trades
  • No trades held overnight
  • Risk Money Management
  • Works on any account size
  • Always a stop loss in place
  • Only one trade open at any time per pair
  • Hedge and Net account compatible
  • This system is NFA/FIFO compliant
  • No Grids
  • No Martingale
  • $100 minimum account balance per pair
  • 1:30 minimum leverage, 1:100+ recommended
  • One chart per pair

Input Settings

  • MagicOrderNumber - Unique identity integer for the EA.
  • Lots - Lot size if MM is off. Values 0.01 to 200.0.
  • Slippage - Slippage in points. Values 1 to 10.
  • MoneyManagement - Turn on for MM auto lot size, true/false.
  • MoneyManagementRisk - Risk per trade if MM is on. Values 0.01(1%) to 0.1.
  • AllowNewTrades - Turn on to allow trading, true/false.
  • AccountProfitLock - Limit maximum draw down if MM is enabled (0.5 = 50% of account balance). Values 0.0 to 1.0.
  • TimeFrame - Timeframe selection that EA will use to trade.
  • MaxSpread - Max spread in pips that the EA will trade. Values 1.0 to 10.0.
  • TakeProfit - The take profit (0 disables) - Values 0 to 4000.
  • TakeProfitD1ATR - Take profit based on ATR (0 disables) - Values from 0.25 to 1.5.
  • GMTOffsetHours - GMT offset in hours for your broker's time zone - Values -12 to 12.
  • StartHour - Start bar hour - Values 0 to 24.
  • StartMin - Start bar minutes - Values 0 to 59.
  • EndHour - End bar hour - Values 0 to 24.
  • EndMin - End bar minutes - Values 0 to 59.
  • PreviousBarsForBOBox - Previous bars to use for the breakout box from start bar - Values 1 to 10.
  • BOBoxGap - Increase of breakout box size in pips - Values 0 to 10.
  • TrailingBars - Number of bars for trailing stop (0 disables trailing stops) - Values 0 to 10.
  • MinTrailingStopLoss - Minimum trailing stop loss size in pips - Values 0 to 50.
  • DeleteInactiveStopOrder - If enabled only trades breakout in one direction, true/false.
  • InvisibleStops - Enable to close positions using market orders, true/false.
  • EmergencyStopOffset - The offset in pips from the inivisible stop loss for the trade stop loss. Values 10 to 50.
  • BreakEven - When enabled, performs a break even, true/false .
  • BreakEvenStartPips - Pips in profit to perform the break even. Values 1 to 100.
  • BreakEvenPips - Stop loss pips when performing break even. Values 1 to 10.
  • BreakEvenBars - Number of bars of clearance of BreakEvenStartPips before performing breakeven, zero disables bar count feature. Values 0 to 10.
  • AdvancedExit - When enabled, uses ATR to adjust the take profit, true/false .
  • AdvancedExitThreshold - Maximum number of pips of profit that the advanced exit is active. Values 1 to 100.
  • AdvancedExitTiming - Minutes from the end bar, should be set to a bar time to work, e.g. for M30 timeframe 30,60,90 would work. Values 0 to 1000.
  • AdvancedExitATRPeriod - ATR period for the advance exit calculation. Values 1 to 100.
  • AdvancedExitATRMultiplier - ATR multiplier for the advance exit calculation. Values 1 to 10.
  • TradeOnSunday - Enabled trading on Sunday, true/false.
  • TradeOnMonday - Enabled trading on Monday, true/false.
  • TradeOnTuesday - Enabled trading on Tuesday, true/false.
  • TradeOnWednesday - Enabled trading on Wednesday, true/false.
  • TradeOnThursday - Enabled trading on Thursday, true/false.
  • TradeOnFriday - Enabled trading on Friday, true/false.



Reviews 4
Mr Sorin Alex Muresan
146
Mr Sorin Alex Muresan 2021.10.03 11:23 
 

A good EA, with a lot of settings to upgrade it for your need. A fair price and good communication with the creator. Recommend!

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.04.03 13:17 
 

Good job.

sunnychow
8902
sunnychow 2019.02.17 14:29 
 

thanks for share

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Experts
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Experts
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Experts
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The King Advisor MT4
Guillem Boix Martin
4.83 (6)
Experts
The King Advisor   is a highly advanced   neural network   algorithm. Its strategy is based on the identification of support levels, resistance and trend lines through a   sophisticated self-learning   system and a   trading system   devised with years of experience and work. Developed by a team of experienced traders. PLEASE NOTE THAT THERE WILL BE A LIMIT OF 200 EXEMPLARS --> Total copies sold updated: 80 Last Units At Current Price ($499) New Live Signal:   https://www.mql5.com/en/signals/225
News EA MT4
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5 (4)
Experts
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Ho Tuan Thang
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Experts
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Experts
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Only 2 copiers left at this price, the next price is $1533 Check out the live results here: $50K Personal signal:   [Click Here] Small Personal signal: [Click Here] Prop firm live signal:   [Click Here] MT5 version here:   [Click Here] Welcome to   Quantum Algo Trading MT4 EA . This EA is designed to be more than just a mechanical system; it will be your companion on your trading journey throughout your life. The EA utilizes a breakout system with an algorithm optimized by someone with ov
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Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
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forexfinder7
18
forexfinder7 2023.02.08 16:52 
 

eur usd & gbp usd .. extreme breakout (lite) ea Expert with the basic sittings, its results are 80% lost after trying it for about two weeks with these two pairs at my real cent account .. The question is? should i put my private settings for this expert to work better ? .... Thanks .

Mr Sorin Alex Muresan
146
Mr Sorin Alex Muresan 2021.10.03 11:23 
 

A good EA, with a lot of settings to upgrade it for your need. A fair price and good communication with the creator. Recommend!

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.04.03 13:17 
 

Good job.

sunnychow
8902
sunnychow 2019.02.17 14:29 
 

thanks for share

Reply to review
Version 1.10 2020.07.31
Version update
Version 1.9 2020.03.29
Added TakeProfitRiskRatio, TakeProfit50RiskRatio & TakeProfit50BreakEven options
Version 1.6 2020.03.25
Added CandleOpenEntry option.