About the Breakout Strategy Expert Advisor
The Breakout Strategy Expert Advisor for MetaTrader 4 is an automated trading robot designed to capitalize on significant market breakouts.
By identifying key support and resistance levels, this EA executes trades when the price breaks out of these zones, aiming to capture substantial market movements.
Operating fully automatically, the EA analyzes market conditions and places trades at the most opportune moments, allowing traders to benefit from its algorithmic trading capabilities without constant monitoring.
Free Download
Download the “ATFX_Breakout_Robot___Ver_1_Build_05.mq4” MT4 robot
Key Features
Breakout Detection
The EA identifies significant support and resistance levels and executes trades when the price breaks out of these zones, aiming to capture substantial market movements.
Automated Trade Execution
Executes buy and sell orders automatically based on predefined criteria, removing the need for manual intervention and reducing emotional trading decisions.
Customizable Risk Management
Includes adjustable stop loss, take profit, and lot size settings, allowing traders to manage risk according to their preferences.
Time-Saving Automation
Operates fully automatically, freeing up time for traders to focus on other activities while the EA handles the trading operations.
Strategy Tester Report
Find below the ATFX Breakout V.1 robot strategy tester report for the EUR/USD forex pair on the Daily chart.
Overall Performance
The EA made a total profit of $59303007.95 from a total of 578 trades.
The largest winning trade generated $12486505.18 in profits, while the largest losing trade generated a loss of $5400075.50.
Statistics:
Bars in test: 2560 ticks modelled
Initial deposit: $10000.00
Total net profit: $59303007.95
Total trades: 578
Largest profit trade: $12486505.18
Largest loss trade: -$5400075.50
Consecutive wins: 3
Consecutive losses: 2
How the EA Works
- Monitors key support and resistance levels.
- Identifies breakout points when the price moves beyond these levels.
- Places trades automatically when breakout conditions are met.
- Applies stop loss and take profit levels to manage risk and secure profits.
- Closes trades when predefined exit conditions are satisfied.
Download Now
Download the “ATFX_Breakout_Robot___Ver_1_Build_05.ex4” Metatrader 4 robot
Parameters & Settings
- Lot Size: Adjustable depending on account balance and risk tolerance.
- Stop Loss: Configurable to minimize potential losses.
- Take Profit: Set to capture profits at predefined levels.
- Breakout Sensitivity: Adjustable to filter out false breakouts.
- Trading Hours: Can be configured to trade during preferred market sessions.
- Magic Number: Unique identifier for the EA’s trades.
Recommended Trading Setup
- Platform: MetaTrader 4 (MT4).
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY, and other major pairs.
- Timeframes: M15 or H1 for optimal performance.
- Broker: ECN accounts with low spreads and fast execution.
- VPS: Recommended to ensure uninterrupted 24/5 trading.
FAQ
How does the ATFX Breakout V1 EA identify breakout opportunities?
The EA monitors key support and resistance levels, analyzing price momentum to detect potential breakout points with high probability.
Can the EA run on different timeframes?
Yes, it is compatible with multiple timeframes, though it is optimized for M15 and H1 charts for the most accurate breakout signals.
Is the EA suitable for small accounts?
Yes, the EA allows adjustable lot sizes and risk management settings, making it suitable for accounts of various sizes.
How many trades does the EA typically execute per day?
Trade frequency depends on market volatility. On average, the EA executes 1–3 trades per day per currency pair, focusing on high-probability setups.
Can I run the EA on multiple currency pairs simultaneously?
Yes, the EA can be applied to several currency pairs at the same time, allowing traders to diversify their strategies and maximize opportunities.
Summary
The Breakout Strategy MetaTrader 4 Forex Robot is a reliable, fully automated trading solution for traders seeking to capitalize on significant market breakouts.
By identifying key support and resistance levels, the EA executes trades when the price breaks out of these zones, aiming to capture substantial market movements.
With customizable risk management settings and support for multiple currency pairs, it is suitable for both novice and experienced traders.
Download the Breakout Strategy EA today for free and take advantage of automated, professional trading on MetaTrader 4.
