Forex Breakout Scalping
- Experts
- Abhishek Yadav
- Versão: 1.0
The Forex Breakout Scalping EA follows a scalping breakout strategy. It trades the breakouts from relative highs and lows. For the entry stop orders are used for the fastest possible execution. Profits can be secured by the adjustable trailing stop .This is also a high frequency breakout trading system. It produces high return if compounded properly with high speen internet and low commission.
Since the strategy works with small average profits it is highly suggested to trade with a low spread and commission broker. Trading costs are crucial here!
The backrest's shown in the screenshots were done with EURUSD and USDJPY on 1 HR timeframe. There might be better or worse settings. Please download the free demo to do your own testing.
This EA does not use any martingale and/or grid functionalities. Still the tests shown below were done with a 5% risk per trade which can not be considered as "low risk". Please behave responsible with your trading funds and only use money that you can afford to lose.
This is the best scalping EA of 2023. Please download demo version first to check the performance of the EA. Have fun testing and trading :)
Features
- Fully automatic mode with adjustable inputs.
- Works by pending orders in different markets with all types of execution.
- Strict use of stop loss management, every trade is protected in advance.
- Advanced algorithm for tracking position, modification and exit.
- Does not use averaging, history reading, overoptimization and other pointless methods.
- Tested on 100% real Dukascopy ticks for the period 2015-2022.
- More than 5 years of research, observation and optimization.
One special feature I have added in the EA is max drawdown percent. The EA automatically closes and deletes all open positions if the drawdown percent is reached.
Setup
- Attach EA to each chart and sure that magic numbers are different.
- Set desirable lot size, fixed or dynamically calculated (2.1-2.3).
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Thank you for providing this interesting advisor for free, has quite some potential, therefore for now 5*