Description
Ultra Breakout EA V1.14 MT4: A Powerful Trading Tool
Overview
The Ultra Breakout EA MT4 is an expert advisor designed for MetaTrader 4. It employs a robust breakout strategy to capture significant price movements during periods of high volatility. Below are the key details:
- Minimum Deposit: $500
- Timeframe: M5 (5-minute chart)
- Currency Pair: GBPUSD (Great British Pound vs. US Dollar)
Strategy
The Ultra Breakout EA MT4 combines several breakout strategies to identify optimal entry points. Let’s explore these strategies:
- Daily Candle Breakout:
- Buy Trade: When the price breaks out above the previous daily candle’s high.
- Sell Trade: When the price breaks out below the previous daily candle’s low.
- ZikZak Breakout:
- Buy Trade: Triggered when the price touches the upper ZikZak line.
- Sell Trade: Triggered when the price touches the lower ZikZak line.
- Fractal Breakout:
- Buy Trade: Activated when the price touches the upper fractal line.
- Sell Trade: Activated when the price touches the lower fractal line.
- Inside Bar Candle Breakout:
- Buy Trade: Based on the breakout of the signal candle’s high price.
- Sell Trade: Based on the breakout of the signal candle’s low price.
- Candle Breakout:
- Buy Trade: When the highest high price breaks out from a specified number of candles (configurable in the EA’s input).
- Sell Trade: When the lowest low price breaks out from the same number of candles.
- Pivot Breakout:
- Buy Trade: Conditions include being below the Kumo cloud line, with the close price Ultra Breakout EA above the Kumo cloud, and bullish future Kumo.
- Sell Trade: Conditions include being above the Kumo cloud line, with the close price below the Kumo cloud, and bearish future Kumo.
- London Breakout:
- Buy Trade: When the price crosses above the highest high between the specified start and end times.
- Sell Trade: When the price crosses below the lowest low between the specified start and end times.
EA Features
- Easy-to-use customizable Moving Average settings.
- Multi-pair trading (available in the Pro Version).
- Built-in money management.
- Grid trading (loss side) to manage losing trades.
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Additional Resources
Instant Download: https://yoforex.org/product/ultra-breakout-ea-v1-14-mt4/
Contact: @yoforexpremium
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