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Breakout Algo

BREAKOUT ALGO is a game-changing trading algorithm designed to capitalize on price breakouts with unparalleled precision and efficiency. This innovative algorithm leverages the power of Fractals to identify key highs and lows in prices while utilizing the simple moving average indicator to determine trend directions with accuracy.

Breakout Algo is engineered to empower traders with the ability to seize breakout opportunities in the market, enabling them to make informed decisions and maximize profit potential. By combining advanced analytical techniques with cutting-edge technology, this algorithm provides a strategic advantage in navigating the complexities of the financial markets.

With customizable money management features, traders can tailor their risk management strategies to align with their individual trading preferences and goals. Additionally, Breakout Algo offers custom trading schedules and hours, allowing users to optimize their trading activities based on market conditions and personal preferences.

Take control of your trading journey with Breakout Algo and unlock a world of possibilities with full control over indicator settings. Embrace the future of trading innovation and embark on a path towards enhanced profitability and success in the dynamic world of finance. Experience the power of Breakout Algo and elevate your trading experience to new heights.


BENEFITS:

Precision Timing

By combining the Fractals and Simple Moving Average indicators with customizable settings, Breakout Algo can achieve precise timing for entering trades during breakouts, increasing the likelihood of capturing profitable opportunities.


Personalized Risk Management

Custom money management features empower Breakout Algo to manage risk effectively by tailoring position sizes, stop-loss levels, and risk-reward ratios to their individual risk appetite and trading goals.


Flexible Trading Experience

With custom trading schedules and hours, Breakout Algo can adapt to different market conditions, ensuring optimal performance and efficiency in trading activities.


Supports only 5 digit symbols: EURUSD, GBPUSD, AUDUSD and etc...

This EA can be used and optimized to work on other 5-digit currency pairs. The default setting is not optimized for any currency pair. I recommend that you experiment with different TP, SL, trading hours, and indicator settings to find the best setting for each currency pair. Breakout Algo is very simple to use, and it only uses two indicators to determine the best entry points.


New Update!

Breakout Algo v1.3 has a new trailing stop feature that significantly improves the win rate and profit factor. The new trailing stop feature is working perfectly.


If you are looking for a Pullback Strategy-based EA, consider exploring the Pullback Algo


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What is MACD? MACD is an acronym for Moving Average Convergence Divergence . This technical indicator is a tool that’s used to identify moving averages that are indicating a new trend, whether it’s bullish or bearish. There is a common misconception when it comes to the lines of the MACD. There are two lines: The " MACD Line " The " Signal Line " The two lines that are drawn are NOT moving averages of the price. The MACD Line is the difference (or distance) between two moving
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Candlesize Histogram is an indicator for monitoring candlestick sizes. This indicator is based on the high and low of a candle, also adopting the use of a histogram to easily determine the length of each candlestick bar. We can determine if the market is gaining momentum using this indicator. The histogram is calculated based on the size of the bars.  Key benefits     - Easily get the length of every candlestick     - Determine market condition if trending or not trending using the Candl
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chaitestea
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Gloria Sarpong
779
Gloria Sarpong 2024.04.09 11:42 
 

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Versione 1.3 2024.05.11
- added trailing stop
- higher profitability using trailing stop
Versione 1.2 2024.03.18
- improve code performance
Versione 1.1 2024.03.14
- improve code quality