
MT4 Breakout Level EA
Key Features of Breakout Level EA
Breakout Level Identification – Breakout Level EA uses a self-developed algorithm to spot potential breakout levels in price patterns. This helps in identifying trading opportunities at crucial price points.
High Ping Resistance – The EA’s unique coding logic is designed to perform well even in environments with high latency. This ensures minimal compromise on trading quality, allowing traders to maintain efficient trading regardless of network conditions.
Pending Orders to Reduce Slippage – The EA places pending orders to ensure faster execution during breakouts, minimizing the chances of slippage during fast market movements.
Strict Risk Management – The EA executes every trade with a strict stop-loss, ensuring that the risk on each trade is controlled. No grid or Martingale strategies are employed, making it a safer option for traders concerned about risk.
Authentic Backtesting – The EA’s backtest results display a gradual growth curve, which indicates genuine performance without the overfitting or manipulation often seen in the backtests of some other market EAs.
Preconfigured Set Files – MT4 Breakout EA comes with preconfigured set files that provide all the necessary information for optimal performance, making it easier for traders to get started.
ecommendations for MT4 Breakout EA
The minimum deposit will vary depending on the risk level chosen by the trader.
Set A
Pairs – USDJPY (main), EURUSD, USDCAD
Timeframe – M30
TP/SL – 300/50 points
Lot size of 0.01 –
Conservative: 350$ (USDJPY only)/ 550$ (multicurrency),
Moderate: 250$ (USDJPY only)/ 400$ (multicurrency),
Aggressive: 150$ (USDJPY only)/ 250$ (multicurrency)
Set B
Pair – USDJPY
Timeframe – H1 & H4
Lot size of 0.01 – Conservative: 550$, Moderate: 400$, Aggressive: 250$
Set C
Pair – USDJPY
Timeframe – H1 & H4
Lot size of 0.01 – 50$ (the below screenshots are using this set)
This MT4 Breakout EA should work on VPS without interruption to reach stable results. So we recommend running this free forex EA on a reliable VPS
A hedging account with a low spread raw ECN broker is recommended for optimal performance.
Conclusion
The MT4 Breakout Level EA offers a robust solution for traders looking to capitalize on breakout opportunities in the forex market. Its combination of safety features, pending order usage, and adaptability makes it a solid choice for those prioritizing performance and risk management.