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Breakout EA

USER GUIDE – Breakout EA

Trading Strategies

Seven popular trading strategies based on the various Breakout Each of the strategies has its unique entry and exit point without any interference to other strategies.

 

Initial Strategy Setting

Breakout Strategy – Select your Entry Strategy.

Daily Candle Breakout:

Buy Trade: When price breakout from previous daily candle’s high price.
Sell Trade:  When price breakout from previous daily candle’s low price.

Zik Zak Breakout:

Buy Trade: When price touch Upper ZikZak line’s price.
Sell Trade:  When price touch Lower ZikZak line’s price.

Note – If current price already above or below current zikzak price then EA will looking for nearest upper or lower zikzak line for breakout signal

 

Factal Breakout :

Buy Trade: When price touch Upper Factal line’s price.
Sell Trade: When price touch Lower Factal line’s price.

Note – If current price already above or below current factal price then EA will looking for nearest upper or lower factal price for breakout signal

 

Insider Bar Candle Breakout :

When some candle fully inside a candle then that it call inside bar candle. That is out signal candle. So when price breakout that signal candle high or low price EA will open trade.

Min. Bar In (Inside Bars) – You have to set how many candle you need to inside one candle so Ea will consider that candle as valid signal candle.

Min. Candle Range for (Inside Bars) – You have to set minimum rang of High – Low of signal candle for valid signal candle. 0 mean disable

Buy Trade: When open price breakout signal candle’s high price
Sell Trade: When open price breakout signal candle’s low price

 

Candle Breakout:

 

Buy Trade: When the highest high price breakout from a number of candles you select from EA’s input.
Sell Trade: When the lowest low price breakout from a number of candles you select from EA’s input.

 

Pivot Breakout:

 

Buy Trade: When open price are below Kumo cloud line and close price are above the Kumo cloud + Tenkan-sen is above Kijun-sen + Future Kumo is bullish.

Sell Trade: When open price are above Kumo cloud line and close price are below the Kumo cloud + Tenlan-sen is below Kijun-sen + Future Kumo is bearish.

London Breakout:

 

Buy Trade: When price cross above the height high from Start Time and End Time.
Sell Trade: When price cross above the lowest low from Start Time and End Time.

 

Reverse Signal (Breakout) – If you set True, EA will reverse all it’s default signa. I mean when Buy signal found then EA will open sell trade.

 

 

Common Function Glossary.

Please read our common input parameters.