Breakout Master EA
Price-action breakout EA v1.0 · EUR/USD & USD/JPY tuned · MT4/MT5
About Breakout Master EA
The Breakout Master EA (version 1.0, MT4+MT5), documented at theforexgeek.com and distributed via thetradelovers.com, forexcracked.com, and ecomforex.com, is a cutting-edge automated trading system designed to leverage the power of price breakouts. It relies on price action rather than lagging indicators, using a fixed stop-loss to manage risk, with take-profit levels designed to exceed stop-losses for long-term profitability.
Different versions offer different approaches: a semi-automatic version triggers on price crossing a trader-drawn resistance/support line (buy above a drawn resistance line, sell below a drawn support line), while fully automated versions incorporate breakout trading, dynamic lot sizing, and loss-recovery mechanisms. It's usable on every market and timeframe, though it's specifically fine-tuned for optimal performance on EUR/USD and USD/JPY.
- Platform: MetaTrader 4 and MetaTrader 5
- Strategy: Price-action breakout (not lagging-indicator based)
- Best pairs: EUR/USD, USD/JPY (fine-tuned)
- Versions: Semi-automatic (drawn line based) or fully automated
- Risk management: Fixed stop-loss, TP designed to exceed SL
- Version: 1.0
- Source: theforexgeek.com · Breakout Master EA Review