Profitable breakout EA’s use strategies that are based on breakouts. Forex traders use breakout trading as one of their favorite and most frequently used strategies. This strategy was created a long time ago. It has been tested repeatedly using historical data and has shown superior results.
The Profitable Breakout EA uses three types of trend breakouts: support and resistance breakouts, downtrend breakouts and uptrend breakouts. The account prevents stocks from falling by using low SL. It also has a very low risk per trade. It also uses an adaptive trailing stop algorithm. This free forex robot includes statistics collection and output algorithms on the information panel.
Test it in a demo account for at least a week. You should also get familiar with how Profitable Breakout Robot works before trying it in a real account.
Recommendations
Minimum account balance of 100 USD
EURUSD is the best. (can be used for any currency pair).
Time frame.
When choosing a broker to trade with, it is important to choose a broker that offers low spreads, low commissions and high quality execution. ( Find the perfect broker for you)
Input Parameters
- Show_Info_Panel – Information panel. (at the value false – Speeds up the testing in the strategy tester).
- Magic – trades identifier.
- Order_Comment – Comments to the order.
- Slippage – Allowed slippage before an order triggers.
- Max_Spread – Maximum Spread allowed before pending order is triggered.
- Order_Type – trading direction.
- Fixed_Lot – Fixed lot ( if “Use_Risk_MM” = false ).
- Use_Risk_MM – At the value ‘true’ the lot size increases as the account balance grows.( Risk Management ).
- Percentage_Risk – Increase the lot size based on balance.( Risk Management % ).
- Take_Profit – Take profit level in points.
- Stop_Loss – Stop loss in points.
- Use_Break_Even – If this is true Stoploss price will be moved to breakeven when price is above target points.
- Breakeven_Target_PipsInp – When price is above this value breakeven will be triggered.
- Breakeven_Jump_PipsInp – Stoploss will be moved using this value to breakeven.
- Use_Trailing – If this is true, profit will be protected with trailing stop.
- Trailing_Stop – Trailing points, when the position is in profit.
- Trailing_Step – Trailing step, when the position is in profit.
- Adaptive_Trailing_to_slippages – Adaptive trailing stop.
- Change_correction_coefficient – Trailing sensitivity coefficient.
- Adaptive_by_Time – Algorithm of adaptivetrailing by time.
- Time_Scale – Time interval for price analysis.
- Use time – If true trading will be performed by time.
- Time_Setting – Server time or computer time.
- GMT_mode – GMT offset of the broker server time; ( 0 – not used ).
- Every_Day_Start – Operation start time (hh:mm).
- Every_Day_End – Operation end time (hh:mm).
- Use time – If true trading will be performed by time.
- Time_Setting – Server time or computer time.
- GMT_mode – GMT offset of the broker server time; ( 0 – not used ).
- Disable_in_Friday – Operation end time on Friday (hh:mm).