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ZigzagBreakout MT5

***This is a MT5 version of ZigZag Breaout***

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*****Unlocking the Expertise: EA Source Code for Dedicated Learners
*****Commencing from November 2021, the "EA + source code" version is at your disposal,
*****allowing those who purchase (not rent) this EA to explore its inner workings.
*****To acquire the source code, kindly direct your request, along with purchase information by sending messages to me.
*****Upon confirming your purchase, the source code will be extended to you.

*****< Disclaimer >
*****We provide the source code exclusively for educational purposes, enabling those inclined to delve into the
*****intricacies of real functional code. It's essential to underscore that our team shall not offer any form of support,
*****enhancements, hints, or guidance for improvements. Additionally, reselling the exact source code remains prohibited
*****under all circumstances. 


Harnessing a Classic Strategy: Unveiling ZigZagBreakout

This EA adopts a traditional ZigZag strategy—a cornerstone in trading. When significant market movements occur, the EA promptly aligns itself with the prevailing trend, facilitating strategic orders.

Deconstructing the ZigZagBreakout Strategy

While the core concept of the ZigZag strategy is widely available, the EA's innovation lies in the ZigZagBreakout function. Achieving optimal outcomes entails implementation on EURUSD, particularly on the M15 and H1 time frames. Although it demonstrates prowess across various time frames, the recommended hierarchy stands as follows: M15, M30 or H1.

Distinguishing itself from numerous other breakout EAs, the EA's backtest results harmonize remarkably with those from demo and live accounts—an alignment seldom witnessed.

For those seeking deeper insights, I periodically share my ZigZagBreakout results on the community page. For comprehensive explanations, I invite you to explore our dedicated blog: TASFX Blog.


Configuration:

  • Magic: Assign a unique Magic Number.
  • EA Comment: Personalize comments for enhanced tracking.
  • Slippage: Define maximum permissible slippage.
  • OrderMode: Opt for StopOrder or NormalOrder, each dictating distinct execution methods.
  • UseAutoLots: Opt for True/False (False implies fixed lots).
  • Lots: Define lot size for fixed lots.
  • Risk: Input a percentage (recommended not exceeding 5).
  • Stoploss: Set stop loss in points.
  • EntryStoploss: Determine hard stop loss in points (recommended larger than Stoploss parameter).
  • TakeProfit: Specify take profit amount in points.
  • MaxSpread: Define maximum allowable spread.
  • AverageSpread: Specify the number of ticks for calculating average spread points.
  • StopHour: Halt EA between specified broker time (e.g., 01:00-02:59).
  • WeekEndDayOfWeek: Opt for Friday, Saturday, or DoNotUse.
  • WeekEndHour: Cease EA activities from 23:00 (broker time) on the chosen week-end day, including pending orders and existing positions.
  • StartTrailingStop: Set starting point for trailing in points.
  • TrailingDistance: Define trailing distance in 0 points.
  • UseBreakEven: Activate Break Even function (leave "true" if desired).
  • StartBreakEven: Modify stop loss parameter in points.
  • BreakEvenProfit: Set desired BreakEven benefit (in Points).
  • ZigzagDepth, ZigzagDeviation, ZigzagBackstep: Parameters for Zigzag indicators.
  • OrderBuffer: Gauge the point difference between Zigzag top and current price.
  • MinVolume: Set minimum parameter for the Volume indicator.
  • TimeToPauseAfterOrdering(s): Determine seconds to halt orders post last order (Default: 0, implying immediate execution).

With these configurations at your fingertips, you're empowered to navigate the intricacies of the EA, forging a path that aligns with your trading aspirations.



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" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simpli
FTMO Protector 8
Vyacheslav Izvarin
PROTECT YOUR FTMO Account in a simplest way Must-Have Account Protector for any Prop-trading Account and Challenge MT4 / MT5 Expert Advisor that protects your Forex Prop Trading account from an unexpected drawdown! FTMO Protector  is a Tool that lets you manage trades and control your profit and loss across multiple Robots and currency pairs using a simple parameters and settings. Use as many EAs and Instruments you need, the Protector will: 1.   Calculate your midnight (01:00 System time) Balan
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Exper
Mt5 To InterativeBrokers Copier allows you to copy deals from MT5 account to Interactive Brokers. With this, you can run your EA strategy on a MT5 Demo/Real Account, then copy all the deals to Interactive Brokers account real time. Features: 1. Copy or Invert-Copy deals Realtime from MT5 to IB Account. 2. Synchronizing positions of both accounts periodicaly, in case any missing copying. 3. You can choose only Buy position or Sell position. Symbols Setup: General Format:  {MT Symbol} -> {
GRat Crypto
Ivan Titov
4.5 (2)
Trade on crypto exchanges in MT5! GRat_Crypto is a tool for manual and automated trading , including ANY available EA, ANY  cryptocurrency  on most popular crypto exchanges in the familiar MT5 environment 24/7. Features 1. ALL instruments of the 8 most popular crypto exchanges are available: Binance, BingX, Bybit, CommEX, Kraken,   KuCoin, MEXC and OKX . 2. The ability to place ANY type of order available in MT5, both market and pending, to modify orders and positions, to delete orders and clos
Bot Mt5 pour Binance Future (Expert) Le système fonctionne sur le marché Binance Future. Vous pouvez facilement l'intégrer dans votre propre code pour automatiser les opérations. Un panneau de commande manuel est disponible. Compatible avec le mod de haie. Toutes les opérations peuvent être effectuées manuellement depuis l'écran. C'est le moyen le plus efficace de contrôler plusieurs crypto-monnaies en même temps. L'écran est de type modèle avec écran binance. Vous pouvez téléchar
Live Forex Signals est conçu pour le commerce sur les signaux du site   https://live-forex-signals.com/en et https://foresignal.com/en . Live Forex Signal for MetaTrader 4   https://www.mql5.com/en/market/product/81445 Paramètres Username   et   Password   si vous avez un abonnement aux sites live-forex-signals.com/foresignal.com. ensuite, vous devez remplir ces paramètres avec vos informations d'identification; s'il n'y a pas d'abonnement, laissez les champs vides; Comment   commentaire sur
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This is a forex supporting tool for all manual traders. You can close positions immediately at once on the MT4 Terminal by a single click. CLOSE SELL: You can close SHORT positions of the target currency pair (same as the chart you’re using this EA). CLOSE BUY: Same as above but LONG positions will be closed. CLOSE ALL: All opened positions will be closed (no matter of currency pairs). You can select the closing method from CLOSE ALL or CLOSE ONE BY ONE. You can choose the positions to be close
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AutoOrderModify Free is a supporting tool for all Manual and System Forex Traders. It works perfectly for situations like: “I have a nice EA but lacks the Trailing and/or Break Even.” “I’m lazy to calculate SL and TP every time I open a position.” “I want to control all of my manual trades with Trailing/Break even” Anyone interested in this tool but want more function, please try the “ AutoOrderModifyEA Pro ”. The freeware version can’t manage positions by Magic Number but manage ALL positions.
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***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purchase information by sending messages to me. ***** Upon confirming your purchase, the source code will be extended to you. ***** < Disclaimer > ***** We provide the source cod
ScalTradeAssistPro: Empowering Manual Forex Traders with Enhanced Support The tool presents itself as a solution tailored to address specific scenarios, such as instances where brokers impose limitations on setting Stop Loss (SL) values in close proximity to the initial position value. Notably catering to the needs of scalping traders, ScalTradeAssistPro steps in with a unique capability—the ability to establish "virtual SL/TP" points. This innovative feature calculates both the Stop Loss and
Introducing Early Morning Scalper ATR: Precision Trading During Asian Forex Market A breakthrough in forex trading automation, the Early Morning Scalper ATR Expert Adviser offers a fully autonomous solution meticulously engineered for a specific window of opportunity—the early hours of the Asian Forex market. At its core, this innovative tool employs an advanced algorithm that orchestrates forex trading seamlessly. Augmenting its prowess are sophisticated internal indicators, which deftly ident
Manual Forex Trading with Enhanced Functionality "OneClickMagicTrader," a powerful tool designed to cater to the needs of forex traders by simplifying various trading actions. Drawing parallels with the familiar "One Click Trading" feature of the MT4 terminal, OneClickMagicTrader allows traders to swiftly execute BUY or SELL orders with a single click. This tool, a brainchild of an avid trader who identified room for improvement, has now been shared with the entire forex community. Taking a s
WildCycleEA
Hajime Tsuro
Unveiling WILD CYCLE EA: A Strategy for Dynamic Market Trends Adaptive Trading in Motion Embarking on the trading landscape from June 2021, the WILD CYCLE EA presents an evolutionary approach to market-trend following. Pioneering a relentless pursuit of profit, this EA deftly adapts to shifting market dynamics. Navigating the Core Strategy At its heart lies a fundamental approach—initiating positions in the direction of positive SWAP, such as the EURUSD SHORT. These positions are meticulously c
This is a standard version of ScalTradeAssist Pro . It will work perfectly for situations like: “Broker restricts to set StopLoss value to a very close point from the initial value of the opened position”. These demands are basically for scalping traders and   ScalTradeAssist   is developed to be able to set the “virtual StopLoss / TakeProfit”. Both StopLoss and TakeProfit are calculated internally. When the positions reach the virtual StopLoss/TakePforit,   ScalTradeAssit   closes them as norm
AutoOrderModifyEAPro: A Vital Aid for Forex Traders, Both Manual and System-based Catering to the diverse needs of forex traders, whether engaged in manual or system-based trading, AutoOrderModifyEAPro emerges as a pivotal tool in this intricate landscape. The tool's efficacy is most evident in scenarios such as: Enhancing EA Strategies: Addressing the common dilemma of lacking Trailing and/or Break Even mechanisms in otherwise promising EAs. Streamlining Position Management: Overcoming the hass
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