Description

Breakouts Master EA

Name: Breakouts Master EA
SKU: 570
Availability: InStock

Original price: $79

Content: Expert: Breakouts Master MT4 v4.0.ex4, Presets: 3, UserGuide: Quick Manual_Breakouts Master.pdf

Breakouts Master is a fully functional automated system that uses a time-tested strategy for breaking out of important price levels, adapted to modern conditions. This technique has appeared since the inception of financial markets and is still used by many professional traders, as well as hedge funds, as it shows good results for decades. The Expert Advisor uses price action to determine the levels, which is an indisputable advantage in comparison with constantly lagging indicators.

The Expert is fully automated and must be turned on 24 hours a day to work, therefore we recommend using a VPS server, which will ensure uninterrupted round-the-clock work of the Expert.

ATTENTION! If you are testing the Expert on weekends, specify the spread in the strategy tester yourself, because on weekends the spread is greatly expanded in the terminal, and this will lead to inadequate back test results.

I recommend opening an account with trusted brokers: IC Markets Raw Spread, Roboforex ECN, Tickmill Pro (using these brokers, you can set standard presets without changing the GMT Offset settings). If you are using a different broker then your result may be very different from my signals, especially if your broker’s spread or slippage is too large.

Characteristics:

Platform: MT4

Timeframe: H1

Currency: USDJPY, EURUSD, GBPUSD

Type: trading on the breakout of price levels

Trading time: around the clock

Minimum deposit: $ 100

Features:

– does not use dangerous martingale or grid strategies;

– fixed stop loss, which allows you to control the maximum level of risk per trade;

– take profit is greater than stop loss:

most traders are inclined to the idea that the profit should be several times higher than the potential loss, this allows you to win strategies in the long term and not merge the earned profit with a pair of losing trades;

– no indicators

indicators are prone to lagging and redrawing, which negatively affects profitability, price action is considered a more promising approach when analyzing markets;

– automatic reinvestment of earned profits for further trading;

the advisor increases the volume of transactions according to the size of the deposit, including taking into account the earned profit, which makes it possible to achieve compound interest;

– fully automated;

– uses the classic system of technical analysis for breakouts of price levels, proven for decades, modernized for the modern market.