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THE Daily breakout

THE DAILY BREAKOUT 

The simple and efficient way.


⚠️ No martingale

⚠️ No Grid system

⚠️ No overcrowded charts 


✅  I recommend pairs with low spread such as EUR/USD or AUD/USD.

✅  THE Daily BreakOut work well too on indices such as SP500 or CAC40.

✅  You should be using EA Daily BreakOut on a daily timeframe but is suitable for other TF as well with the right settings.


HOW IT WORKS

👉 First of all this EA is based on the daily breakout which means that as soon as the price is lower/higher than the last day, THE Daily BreakOut will place an order automatically for you.

👉 No martingale / grid system are used in this strategy, the reason is I don't believe in this kind of strategies and personally think that they are not suitable at all for low capital and even with a big capital this kind of strategies will always end up by blowing your account.

👉 THE Daily BreakOut is limited at one trade per bar.


SETTINGS

 
  • Magic Number : Allow you to use THE Daily BreakOut on several charts in the same time.

  • Fixed / Auto lot : Auto lot is based on the risk which is represented such as 1 is equivalent to 0.01 Lot for 1K of your account currency.
  • Stop loss / Take profit : SL can be either a trailing stop or set manually, if set manually you can also add a breakeven on it which will close half your order when breakeven reached.
  • Object On Charts : Simply display Logo / trading information.

You can find some screenshots of my previous backtest, I normally do my backtest on a period of 1 year and normally the last year as I think it would be the most representative of the current market.


THE Daily BreakOut is an expert advisor that can be profitable if used properly.




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This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
Quantum Quotient MT4
Mohammadmahdi Sanei
Special offer is available at 79$   Quantum price will be increased after 24 hours Introducing the Quantum Quotient for Traders and PropFirms aspirants. This automated trading system implements a strategy without MARTINGALE and GRID tactics , meticulously constructed using proprietary technical and fundamental indicators. These methodologies have undergone rigorous testing and refinement for over a year. The Quantum Quotient strategy encompasses four key steps: 1. Supply and Demand Analysi
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Version 2.0 2022.07.04
New Objects made on chart / Icon changed.
No order place on first candle added.