Breakout Scalping EA is an automated Scalping Robot MT4 that is Free to Download. This EA works based on a scalping breakout strategy. It trades the breakouts from relative highs and lows. EA identifies relative highs and lows in the market and trades the breakout above or below these levels. Profits are secured using an aggressive trailing stop. For the entry, stop orders are used for the fastest possible execution.Since the strategy works with small average profits from trade, it is highly suggested to trade with a low spread and commission broker. Trading costs are critical here.
It does not use dangerous trading methods like martingale, grid, etc. it executes 1-3 trades a day. Breakout Scalping also can go days without taking any trades and doesn’t open more than one trade at a time. All transactions are always protected by a small Stop Loss and take profit.
It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. The maximum drawdown percentage is low for this EA, which allows using this adviser on a small deposit.
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Please test in a demo account first for at least a week. Also, please Make yourself familiar with and understand how thisScalping EA MT4 works, then only use it in a real account.
Recommendations for Breakout Scalping Robot
Minimum account balance of 100$.
Work best on EURUSD and USDJPY. (Work on any pair)
Work the same on all TimeFrames.
It’s susceptible to slippage, spread, and slow execution.
This Scalping Robot MT4 should work on VPS without interruption and low latency to reach stable results.
Input Parameters
General Settings
Buy Trades: Enables the Scalping Robot to place buy orders.
Sell Trades: Enables the Scalping EA to place sell orders
Timeframe: The candle timeframe is used to identify the highs and lows
BarsN: Sensitivity of the high and low algorithm (smaller value = more highs and lows, greater value = fewer highs and lows)
Order Puffer Points: The order distance from the high/low
Trade Settings
Trading Volume: Mode for the calculation of the lot size for each trade
Fixed Lots: Lot size for each trade if the fixed trading volume mode is chosen
Risk Percentage of Balance: The lot size for each trade will be calculated so that the set percentage of your account will be lost if the initial SL is triggered
TP Points: The distance from the entry order price to the TP
SL Points: The distance from the entry order price to the SL
TSL Trigger Points: The Trailing Stop is activated as soon as a trade is more than the TSL Trigger Points in profit
TSL Points: The Trailing Stop will be trailed in this set distance behind the current market price
TSL Step Points: The SL will only be modified if it is at least this distance above the previous SL
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