Period Breakout EA

The Period Breakout EA is a powerful and versatile Expert Advisor designed to capture profitable trading opportunities by identifying key market breakouts. This EA works by determining the highest and lowest price points within a user-defined period. Once the price breaks out of this range, the EA automatically opens a trade in the breakout direction.

Key Features:

• Customizable Period: Define the specific time period for calculating the highest and lowest prices, ensuring the strategy is tailored to your preferred trading hours.
• Automated Breakout Trading: The EA automatically detects and trades breakouts as they occur, eliminating the need for manual intervention.
• Money Management System: The Period Breakout EA includes a robust money management feature. If a trade results in a loss, the EA will double the lot size for the next trade, aiming to recover losses efficiently.
• User-Friendly Interface: Simple and intuitive settings make it easy to configure and monitor the EA's performance.

How It Works:

1. Period Definition: The EA calculates the highest and lowest prices within a predefined time period.
2. Breakout Detection: When the price breaks above the highest point or below the lowest point, the EA opens a trade in the direction of the breakout.
3. Lot Size Adjustment: If the EA encounters a loss, it will automatically double the lot size for the next trade, helping to recover previous losses while managing risk effectively.