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The Breakout Code

Introducing "The Breakout Code"- The ultimate trading bot for capitalising on breakouts in the market. This bot utilizes a powerful breakout system to identify and capitalize on market movements, ensuring that you never miss a profitable opportunity. With its advanced algorithms and real-time analysis, "The Breakout Code" is able to quickly and accurately identify key levels of support and resistance, allowing it to spot high probability trades. Whether you're a seasoned trader looking to reduce trading stress or just starting out, "The Breakout Code" is the perfect algorithm for extracting your edge from the market.


Introductory price: $450 - Will be raised after the first 10 purchases.


This algorithm does not use grid or martingale. It simply relies on identifying high probability setups with traditional risk management.

Whilst this algorithm will work on any pair, I highly suggest it's only applied to USDJPY as the logic has been developed specifically for this pair.

Usage notes:

  • Expert advisor works on the H1 timeframe.
  • Default risk is 1% per trade, though I personally run this at 4%. 
  • Working symbol USDJPY, however will work on all pairs
  • Some parameters of the Expert Advisor are open for adjustment to the end user, however most are embedded within the code.   
  • Parameters in place for passing prop firm challenges. (If you need something more complex, please let me know)
  • Works on all type of accounts
  • Always uses a fixed stop loss and take profit
  • No Grid trading
  • No Martingale methods
  • No averaging techniques
  • All trades will close before the end of the trading week

An explanation of the parameters are below:-

Finding Recent High Lookback: Looking forwards and backwards to determine the recent swing/how. Higher number is for more significant levels.

Risk: Amount of $$$ risked per trade as a % of the account balance. Default is 1%, though you could take this up to 4% if you are ok with risk.

StopLoss: Number of pips Stop Loss.

TakeProfit: Number of pips Take Profit.

Loss_Limit: Specify the daily loss limit. (Important for funded accounts)

Trail_Stop_Enable: Enable/disable the trailing stop.

Trailing_Stop: Number of pips to trail the stop by. Enables greater profits on strong breakouts.

Trailing_Step: Number of pips to use during step increments.

PipsEnableTrailStop: Number of pips before the trail stop is activated.

Equity_Cut_Out: Once account equity reached this value, the algorithm will close trades and disable itself. (Important for funded challenge targets)

Price_Offset_In_Pips: Pips to enter early, increase if you want to be more aggressive.

Magic Number: Unique number used by the algorithm to identify it's trades from other algorithms.

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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Boring Pips MT5
Thi Thu Ha Hoang
4.69 (26)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Dragon Multi EA MT5
Mansour Babasafary
4.46 (50)
3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : Can be used in the EURUSD , AUDUS
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Instigator 2023.03.13 23:07 
 

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Version 1.3 2023.02.16
Improved equity monitoring logic.
Version 1.2 2023.02.14
Updated max lot limit calculation and comments.
Version 1.1 2023.02.13
Updated html header address.