Breakout System EA
- Utilities
- NGUYEN NGHIEM DUY
- Version: 9.3
- Updated: 13 December 2023
- Activations: 5
Breakout System EA works based on HFT (high-frequency trading) algorithm and mini bar height. it open trades when bar height meets some indicators mathematical confirmation.
* Forex EA Features
– Allow compound interest or Fix lots by Users
– Spreads protection, using pending orders (stop order) without any market orders
– No grid. No martingale
– A small Stoploss for every trade
– Combine with RSI, Ichimoku and Awesome Oscillator indicators to balance the price
– Primitive Price Action Activities, Deep Learning
– Fixed Lots Size = 0.0 : If this > 0.0 that mean do not allow compound interest
– Lots Size Per $1,000 = 0.2 : This compound interest works if ‘Fixed Lots Size’ = 0.0
+ Greater than 0.3 If the leverage > 1:100, anything else please using this: Lots = Margin * Leverage / Contract
+ Ex: EURUSD, Lots = $ 1,000 * 30 / 100,000 = 0.3 lots (should be < 0.3 – the balance is $ 1,000, Leverage=1:30)
+ Recommended: Maximum 0.2 in any case
– Minimal Lots Size = 0.01
– Maximal Lots Size = 5.0
Protection
– Maximal spread to entry (PiP) = 20 (in pips)
Confirmation
– Awesome Oscillator
– RSI period (Fixed) = 50
– Ichimoku = 6, 10, 60
– Stoploss (PiP) = 3.0 (in pips)
* EA RECOMMENDATIONS
– Broker : ICMarket , Tickmill , Alpari (ECN account with very low spread & commision)
– Strong Pairs : XAUUSD, GBPUSD, EURUSD, GBPJPY, USDCHF, AUDJPY, USDJPY, EURJPY
– Timeframe : M1/ M5/ M15