GOLD Buzz Advanced Daily Breakout
GOLD Buzz – Advanced Daily Breakout EA
GOLD Buzz is a sophisticated Expert Advisor engineered for the MQL5 market, designed to capture daily breakout opportunities with precision and robust risk management. Below is an overview of its standout features:
//----Update these Input parameters
input bool EnableTrading = true; // Global on/off switch for trading
input int MarketOpenHour = 18; // Market open hour (server time)
input int MarketOpenMinute = 30; // Market open minute
input double StopLossPoints = 101; // Stop loss in points (distance from order trigger)
input double TakeProfitPoints = 100; // Take profit in points (distance from order trigger)
input double OrderBufferPips = 0; // Buffer in points to add/subtract from previous day's high/low
// Risk management inputs:
input bool EnableRiskManagement = true; // Enable risk management & auto lot sizing
input double ManualLotSize = 0.2; // Manual lot size (used if risk management is disabled)
// Trailing Stop inputs:
input bool EnableTrailingStop = true; // Enable trailing stop functionality on open positions
input double Trailing Distance Points = 23; // Minimum profit in points before trailing stop becomes active
input double TrailingDistancePoints = 10; // Trailing distance in points (the stop is adjusted to trail by this distance)
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Advanced Breakout Strategy:
The EA monitors the previous day’s high and low to set optimal buy and sell stop orders, aiming to capture significant market movements when a breakout occurs. -
Customizable Trading Schedule:
You have the flexibility to manually set the ideal breakout time using configurable parameters for market opening hours and minutes. This enables the EA to align with your preferred trading session, accommodating different market conditions and time zones. -
Risk & Money Management:
GOLD Buzz incorporates automated risk management that calculates the optimal lot size based on a fixed risk percentage (hidden from external inputs). For traders who prefer a more hands-on approach, a manual lot size can also be specified. -
Trailing Stop Functionality:
The EA features a dynamic trailing stop system that activates once a predefined profit threshold is achieved, helping to secure profits while providing sufficient room for market fluctuations. -
Robust Order Validation:
Built-in order checks ensure that stop loss and take profit levels adhere to your broker’s minimum requirements, reducing the risk of order rejections and ensuring smooth execution. -
Enhanced Flexibility:
With on/off options for trading, risk management, and trailing stops, GOLD Buzz is highly adaptable to various trading styles and risk appetites.
For the best settings and optimal performance tailored to your trading style, please contact us directly. Our team of experts is available to provide personalized recommendations and support, ensuring you get the most out of GOLD Buzz.
Elevate your trading strategy with GOLD Buzz and experience a new level of automated trading efficiency.
Trading in financial markets carries a high level of risk and may not be suitable for all investors. The performance of GOLD Buzz – Advanced Daily Breakout EA is not guaranteed and past performance is not indicative of future results. Users should test this Expert Advisor on a demo account before employing it on a live trading environment. We are not responsible for any losses incurred as a result of using this EA. Please ensure you fully understand the risks involved and seek independent financial advice if necessary.
