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Rocket Breakout EA

5

This Rocket Breakout Strategy for NASDAQ index is a trading strategy that focuses on breakouts from a range based on previous days, using a volatility filter to identify pre-breakout situations and a trend filter. This strategy employs a stop loss and profit target approach to manage risk, with higher profit targets for long entries and lower for short entries. The strategy also includes an end-of-week exit to avoid exposure to weekend news events. Percentage-based position sizing is used for optimal risk management, and a time filter is used for entry rather than relying on indicators.

PRICE REDUCED FOR LIMITED TIME! $97 ---> $49

FEATURES:

  • Profitable Volatility Breakout Strategy for Indices and Forex
  • Uses volatility and trend filters to identify pre-breakout market conditions
  • Minimum Indicators
  • Stop loss and profit target approach to manage risk
  • Higher profit target for long entries, lower for short entries
  • End-of-week exit to avoid exposure to weekend news events
  • Percentage-based position
  • NOT grid or martingale system

SETTINGS:

Suggested Symbol: NASDAQ index, i.e. NAS100 or USTEC, etc.

Suggested Timeframe : H1, but also works for (M30 to 2H)

Range Multiplier - Default: 0.5.Higher multiplier means wider range. 

Stop Loss Factor - Default: 6. Smaller stoploss factor means larger stoploss. 

Long Profit Target - Default: 4.5. Profit target multiplier for long entries. 

Short Profit Target - Default: 1. Profit target multiplier for short entries. 

Entry Hour - Default: 0. Hour of day to enable taking entry positions. 

Position Size - Default 1%.Position Size in percentage. 


Reviews 1
jorblain
26
jorblain 2024.08.19 23:19 
 

Good honest EA, that works on instruments like NASDAQ , and good reponsivenes from the author :) Thank you!

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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
XG Gold Robot MT5
Marzena Maria Szmit
4.35 (75)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
One Inch Slap MT5
Inrexea Limited
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No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
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jorblain
26
jorblain 2024.08.19 23:19 
 

Good honest EA, that works on instruments like NASDAQ , and good reponsivenes from the author :) Thank you!

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