Mastering Breakouts with Breakout Trader 1.0 for MetaTrader 5

Breakout Trader 1.0 is a powerful tool designed for traders who thrive on capturing breakout opportunities. This Expert Advisor (EA) expertly handles trades based on breakout signals from defined ranges, executing orders according to your specified trading schedule.

Key Settings:

• Set your start date!
• Define your magic number
• Initial capital
• Volume input
• Risk per trade as a percentage
• Enable reverse trading?
• Utilize AutoStop for the day
• Maximum number of losing trades per day
• 1+2+3 Profit Day Formula with daily stop loss
• Stop below the signal candle?
• Stop based on daily range?
• Stop after a set number of points?
• Stop loss, trailing stop, and step settings
• Enable trailing?
• Increase stop if daily range exceeds certain percentage?
• Take profit settings
• Equity call with deposit protection percentage?
• Adjust equity call if in profit ((100 - 75)/2) increase?
• Target profit percentage?
• Spread to Day High and Day Low
• Trade if daily range exceeds certain percentage?
• No trading if daily range exceeds certain percentage?
• Allow partial sell?
• Partial sell multiplied by risk
• Minimum lot size settings?

Monthly Trading Settings:

• Enable trading from January to December (true/false)

Trading Days Settings:

• Enable trading from Monday to Friday (true/false)

Trading Hours:

• Toggle trading time on or off (true = on, false = off)
• Set trading start time (00:00:00)
• Set trading end time (00:00:00)
• Close orders after specified time?
• If order is in the red, close after (minutes)?
• If the day is a loss, stop trading.
• If the day is a loss based on starting capital percentage?
• If the day is profitable, close trades.
• If the day is in profit based on starting capital percentage?
• If the week is profitable, pause until next week.
• If the week is profitable based on starting capital percentage?
• If the week is a loss, pause until next week.
• If the week is in loss based on starting capital percentage?

Panel Settings:

• Toggle panel on/off
• Customize text and design settings

Enjoy exploring the features of Breakout Trader 1.0!