Trading Robots for MetaTrader 5
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MetaTrader 5
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Overview
Breakout Momentum is an automated scalper for EURUSD. Its strategy takes advantage of "false breakout", "breakout", and "raids on liquidity" above and below current marketplace prices. It is effective in both raging and trending markets. It shows promising results during backtesting using "every tick based on real tick" mode. it is also proving itself on a real account. Check Live Signal on Live Signal 1 - EURUSD
The default parameters are optimized to suit the best EURUSD H1, similar to my shared live signal.
It is recommended to use 0.1 for a 1000 USD account.
You can find the set files with different levels of risk in the first comment in the comment section.
- SET 1, EURUSD H1, 10 PIPS SL, Grid Recovery Active, No trade on Friday
- SET 2, EUREUD H1, 20 PIPS SL, No Grid Recovery, No Filters
Need help or have questions? I am Lio, don't hesitate to reach out! We are always available to respond, help, and improve.
What is included in the settings?
- General Settings: Configure the basic to take a trade like volume, SL, TP, and trailing stop
- Magic number
- Trade comment
- Fixed Lot Size (0 -> auto lot)
- Auto Lot Size Risk From Balance
- SL in points
- TP in points
- Trigger Trailing Stop Level
- Trailing Stop Step
- Account Stop Loss % from Balance (0 -> not used)
- Grid Recovery Settings: Replace the standard SL with a grid recovery
- Use Grid to recover
- Profit of open round in points
- Lot Multiplier
- Max Grid Lot
- Max trade per round
- Time Filter Settings: Define during the day which hours are suitable for you to trade
- Day Filter Settings: Define during the week which days are suitable for you to trade
- News Filter Settings: Configure the EA to stop trading during specific news. Make sure to allow access to "https://nfs.faireconomy.media/ff_calendar_thisweek.csv" in Tools, Options, Expert Advisors tab on your MetaTrader
- This EA is compatible with Drawdown limiter EA, as soon as drawdown on the account is hit, TicTacToe will stop sending any new trades.
PLEASE PAY ATTENTION:
(1) Automated scalper results depends on multiple factor starting from the computer or VPS your are running on your MetaTrader 5, your internet connection, and also to the broker your are using and the spread. It is highly recommended to use ECN hedging account with low spreads, and to have a stable low ping from your VPS.
(2) While this is a high winning rate strategy however the profits are smaller than losers, please make sure to test and understand the strategy on strategy tester before buying the EA.
