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PZ Daily Breakout EA

4.25

This EA trades daily breakouts placing bidirectional pending orders using the last day's trading range, provided these price levels have not been yet tested. It offers many trading behaviors and flexible position management settings, plus a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Implements a martingale and inverse martingale features
  • Trading is NFA/FIFO Compliant
  • Built-in money management

Four different trading behaviors are available in the EA inputs:

  • Regular: The EA will buy at yesterday's high and sell at yesterday's low
  • Inverse: The EA will buy at yesterday's low and sell at yesterday's high
  • Only Buy: The EA will buy at both price levels
  • Only Sell: The EA will sell at both price levels

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade


Input Parameters

  • Trading Settings - Select trading behavior: regular, inverse, only buy or only sell.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, break-even behavior, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale and inverse martingale behavior. Trading can be NFA/FIFO compliant if selected.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

    Author

    Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    리뷰 9
    Kibitez
    435
    Kibitez 2022.06.02 19:59 
     

    I don't know the developer..but his series of free ea It is very very good...for now I use this special daily braeakout Ea with very good result! Thanks Arturo very nice job

    timforgach
    352
    timforgach 2020.01.16 02:21 
     

    Highly recommend any product by PZ trading, first class

    Jan Veselý
    19
    Jan Veselý 2021.01.11 17:27 
     

    looks well, still testing... need to set on SAP500

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    필터:
    Kibitez
    435
    Kibitez 2022.06.02 19:59 
     

    I don't know the developer..but his series of free ea It is very very good...for now I use this special daily braeakout Ea with very good result! Thanks Arturo very nice job

    JANOSCH REICHERT
    1204
    JANOSCH REICHERT 2021.07.12 11:12 
     

    사용자가 평가에 대한 코멘트를 남기지 않았습니다

    Jan Veselý
    19
    Jan Veselý 2021.01.11 17:27 
     

    looks well, still testing... need to set on SAP500

    gao7779 Overby
    144
    gao7779 Overby 2020.08.27 19:06 
     

    Good

    jose manuel echague
    106
    jose manuel echague 2020.06.04 01:06 
     

    ok

    Fernando F. Souto
    524
    Fernando F. Souto 2020.05.31 06:10 
     

    사용자가 평가에 대한 코멘트를 남기지 않았습니다

    timforgach
    352
    timforgach 2020.01.16 02:21 
     

    Highly recommend any product by PZ trading, first class

    [삭제] 2019.12.16 23:16 
     

    사용자가 평가에 대한 코멘트를 남기지 않았습니다

    KEENBASE SOFTWARE SOLUTIONS
    47106
    Nitin Raj 2019.02.14 05:34 
     

    사용자가 평가에 대한 코멘트를 남기지 않았습니다

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