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THE Daily breakout

THE DAILY BREAKOUT 

The simple and efficient way.


⚠️ No martingale

⚠️ No Grid system

⚠️ No overcrowded charts 


✅  I recommend pairs with low spread such as EUR/USD or AUD/USD.

✅  THE Daily BreakOut work well too on indices such as SP500 or CAC40.

✅  You should be using EA Daily BreakOut on a daily timeframe but is suitable for other TF as well with the right settings.


HOW IT WORKS

👉 First of all this EA is based on the daily breakout which means that as soon as the price is lower/higher than the last day, THE Daily BreakOut will place an order automatically for you.

👉 No martingale / grid system are used in this strategy, the reason is I don't believe in this kind of strategies and personally think that they are not suitable at all for low capital and even with a big capital this kind of strategies will always end up by blowing your account.

👉 THE Daily BreakOut is limited at one trade per bar.


SETTINGS

 
  • Magic Number : Allow you to use THE Daily BreakOut on several charts in the same time.

  • Fixed / Auto lot : Auto lot is based on the risk which is represented such as 1 is equivalent to 0.01 Lot for 1K of your account currency.
  • Stop loss / Take profit : SL can be either a trailing stop or set manually, if set manually you can also add a breakeven on it which will close half your order when breakeven reached.
  • Object On Charts : Simply display Logo / trading information.

You can find some screenshots of my previous backtest, I normally do my backtest on a period of 1 year and normally the last year as I think it would be the most representative of the current market.


THE Daily BreakOut is an expert advisor that can be profitable if used properly.




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Abhimanyu Hans
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Profalgo Limited
5 (3)
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AW Classic MACD EA
AW Trading Software Limited
3.67 (3)
Sistema de negociação totalmente automatizado. Um indicador clássico é usado como sinais       MACD   , que combina um indicador de tendência com um oscilador para detectar pontos de entrada. Utiliza a média, a função de fechar o primeiro e o último pedido da cesta e a função de cálculo automático do lote. Possui um painel avançado e três tipos de notificações. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefícios: Sistema de negociação totalmente automati
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Versão 2.0 2022.07.04
New Objects made on chart / Icon changed.
No order place on first candle added.