The EA uses the strategy based on breakout.

Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results.

The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout).

The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

It uses an adaptive trailing stop algorithm.

The EA uses a system of closing positions during slippages.

It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing.

The EA contains the algorithm of statistics collection with output on the information panel.

Requirements and Recommendations

1. Before using on a live account, test the EA with minimal risk.
2. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
3. Use VPS server with minimal network latency to the broker's server;
4. Maximum Spread — from 0 - 20 points ( 0.0 to 2.0 pips).
5. Maximum Stop Level — from 0 - 5 points ( 0.0 to 0.5 pips).
6. Maximum freeze level — 0 points ( 0.0 pips).

Parameters

Information panel:

• Show_Info_Panel — Information panel. (at the value false - Speeds up the testing in the strategy tester).

• Magic — trades identifier.

• Order_Comment— Comments to the order.

• Slippage — Allowed slippage before an order triggers.

• Max_Spread — Maximum Spread allowed before pending order is triggered.

• Order_Type — trading direction.

• Fixed_Lot — Fixed lot ( if "Use_Risk_MM" = false ).

Risk Money Management:

• Use_Risk_MM — At the value 'true' the lot size increases as the account balance grows.( Risk Management ).
• Percentage_Risk — Increase the lot size based on balance.( Risk Management % ).

• Take_Profit — Take profit level in points.

• Stop_Loss — Stop loss in points.

Trailing Stop settings.

• Use_Trailing — If this is true, profit will be protected with trailing stop.
• Trailing_Stop — Trailing points, when the position is in profit.
• Trailing_Step — Trailing step, when the position is in profit.

• Adaptive_Trailing_to_slippages — Adaptive trailing stop.
• Change_correction_coefficient — Trailing sensitivity coefficient.
• Adaptive_by_Time — Algorithm of adaptive trailing by time.
• Time_Scale — Time interval for price analysis.

• Use time — If true trading will be performed by time.
• Time_Setting — Server time or computer time.
• GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
• Every_Day_Start — Operation start time (hh:mm).
• Every_Day_End — Operation end time (hh:mm).

Operation end time on Friday:

• Use time — If true trading will be performed by time.
• Time_Setting — Server time or computer time.
• GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
• Disable_in_Friday — Operation end time on Friday (hh:mm).