Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Advance BreakOut Scalper

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Information

Experts
MetaTrader 5
Dua Yong Rew
1.7
5

Overview

Advance BreakOut Scalper is an advance breakout trading system with

  • Superb exit strategies
  • Good entries point
  • Spread filter
  • Fast back testing

I recommended to use it on raw spread account and trade on the following pairs on H1 chart and above

  • EURUSD
  • GBPUSD
  • USDJPY

Parameters Explanation

Friday Stop Hour - all pending orders are deleted after the specify hour
Start DOY - start day of year
End DOY - end day of year

BO Sample - number of candles to qualify the BO (right)
BO Trend -  number of candles to qualify the BO (left)
BO Size - minimum BO size in points
Max Search - bars to search in multiple factor
Buy Buffer - points to add to buy PO
Sell Buffer - points to add to sell PO
Distance to MS - distance to delete PO if max spread is met
History Check - check history for past BO in bars

Set files in the comments section

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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