Asian BreakOut ProP EA

Asian Breakout PRO-P is an Expert Advisor (EA) designed for structured trading across Forex pairs, such as EURUSD, as well as Gold and Indices. Tailored for prop firm traders, retail traders, and algorithmic trading enthusiasts, this EA implements a methodical breakout strategy based on the Asian session’s price range, enhanced by trend analysis and dynamic risk controls. It offers a balance of automated execution and manual flexibility, with robust compliance for various trading environments.

SET FILE: MQL5 CHAT LINK

All SETFILES are to be optimized with your broker and time zones, run optimization between 2 weeks to 1 month for current prevailing trading conditions. Note: From experience beyond 2 months is meant to look at general profitability based on different scenarios combined.

Determine best SETFILE that matches your broker from total optimization file.

Pricing: Early access at $99.00 (limited to the next 10 purchases, then $499.00)

Operational Framework

Asian Breakout PRO-P operates through a systematic process:

1. Defining the Asian Session Range: Captures the high and low price levels within a configurable Asian session window (default: 23:00–08:00 GMT) on the M5 timeframe, displayed as a visual range box on the chart.

2. Trade Signal Generation: At the close of the Asian session (e.g., 08:00 GMT), evaluates trend conditions using a higher timeframe (H4 default) to identify continuation or reversal setups, applying user-defined pip offsets for precise entry points.

3. Trade Management: Utilizes trailing stops, breakeven mechanisms, and strict risk parameters to manage open positions, with automatic closure at the end of the London session (18:00 GMT default) or when predefined risk thresholds are met.

Core Features

• Breakout Strategy with Validation: Detects breakout opportunities within the Asian session range, refined by H4 trend analysis to filter out low-probability signals. Supports both continuation (e.g., buy above the Asian high in a bullish trend) and reversal trades (e.g., sell above the Asian high in a bearish trend).

• Dynamic Risk Controls: Features adjustable settings, including a 3% daily loss cap, a limit of three consecutive losses, and a $500 minimum balance check to prevent trading on underfunded accounts. Lot sizes adjust dynamically based on user-defined risk percentages and stop-loss distances.

• Trailing Stops and Breakeven: Implements automated trailing stops (starting at 30 pips, stepping by 10 pips) and breakeven activation (at 20 pips with a 2-pip offset) to secure positions while managing risk exposure.

• Interactive Chart Panel: Displays real-time data, including EA status, Asian session range, trend direction, open positions, daily performance metrics, and loss sequences, in a clear 320x300-pixel interface.

• Time and Day Filters: Restricts trading to high-liquidity periods (London session, 08:00–18:00 GMT default) and user-selected days (Monday–Friday default) to avoid low-volume market conditions.

System Mechanics

The EA’s strategy is built on a disciplined breakout approach:

1. Range Identification: Records the high and low prices during the Asian session (M5 timeframe) and marks them visually for transparency.

2. Entry Logic: Triggers trades during the London session based on trend alignment, with configurable pip offsets (10 pips for continuation, 5 pips for reversal) to fine-tune entry precision.

3. Position Management: Applies trailing stops and breakeven settings to active trades, with closure triggered by session end or risk-based thresholds.

4. Risk-Based Lot Sizing: Calculates lot sizes dynamically using a risk percentage (1% default) and stop-loss distance (50 pips default).

5. Additional Safety Mechanisms: Includes checks for broker compliance, such as margin sufficiency, spread limits, and trade execution restrictions, to prevent errors in volatile or restricted conditions.

Differentiating Features

Compared to other breakout EAs, Asian Breakout PRO-P is distinct due to:

• Trend-Validated Breakouts: Integrates H4 trend analysis with Asian session breakouts to enhance signal reliability.

• Adaptive Risk Parameters: Adjusts pip offsets and lot sizes based on market conditions and account balance, avoiding static configurations.

• Broker-Specific Safeguards: Conducts comprehensive pre-trade checks for stop levels, freeze levels, and margin requirements to ensure execution reliability.

• Hybrid Automation: Combines automated trade logic with an interactive panel, offering flexibility for diverse trading styles.

• Prop Firm Optimization: Incorporates strict risk controls and low-balance safeguards to align with prop firm requirements.

Target Users

• Traders focusing on Forex pairs like EURUSD, Gold, or Indices.

• Prop firm participants requiring compliant and reliable automation.

• Retail traders seeking a blend of automated precision and manual oversight.

• Users prioritizing real-time data visibility and robust risk management.

Setup Guidelines

• Broker: ECN or zero-spread brokers recommended for optimal execution.

• Leverage: Minimum 1:20, with 1:100 or higher preferred.

• Deposit: Minimum $500 for EURUSD (0.01 lot).

• Symbol: Optimized for M5-H1, with H4 trend support; adaptable to other pairs.

• VPS: Advised for continuous 24/5 operation.

• adjusting RiskPctPerTrade, TrailingStartPips, or day filters as needed.

• Set Files: Accessible via MQL5 Chat Link.

Risk Advisory

Trading carries inherent risks. Asian Breakout PRO-P is engineered for consistent operation, but traders should operate within their risk tolerance. Thoroughly test on a demo account to align settings with your broker’s conditions.

System Integration

Asian Breakout PRO-P offers a structured approach to breakout trading, combining precision, risk management, and flexibility. Designed for both prop firm challenges and retail trading, it provides a reliable framework for navigating Forex market dynamics with a user-centric interface. Secure your copy at $99 before the price increases to $499.