The MT4 Breakout Level EA is a fully automated trading robot designed primarily for USDJPY, though it can be adapted for other currency pairs. Its main focus is identifying potential breakout levels within certain price patterns and executing trades that align with these breakouts. This EA is built to minimize slippage and optimize trading performance, even in challenging environments, and it emphasizes safety by avoiding risky strategies like Grid or Martingale.

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.

Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this Breakout Level Robot works, and only use it in a real account.

Recommendations 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 (Reliable and Trusted FOREX VPS – MyfxVPS)
• A hedging account with a low spread raw ECN broker is recommended for optimal performance. (Find the Perfect Broker For You Here)

Latency: 0.46 ms 2 Weeks Free Trial 100% Free for 24 Months

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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.