The Forex Breakout Scalping Robot for Metatrader 4 is a winning expert advisor that uses a proprietary buy/sell breakout strategy.
The EA identifies significant market levels and buys a price breakout above or sells a price breakout below.
The expert advisor works equally well across all time frames and is optimized for the EUR/USD and USD/JPY Forex pairs.
The Breakout Forex robot made 22.27% gain in 4 month, so it’s worth trying it out.
It does not use any risky trading methods and you can choose between fixed lots and auto lots.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Strategy Tester Report
Find below the Forex Breakout Scalping Robot track record performance (click on the picture for full size view).
- 4 month gain: 22.27%
- Profit trades: 87.8%
- Trading activity: 1.2%
- Maximum deposit load: 7.1%
The picture below shows the Forex Breakout Scalping Robot attached to Euro / U.S. Dollar 15-minute chart.
Recommendations & Specifications
- Optimized for the USD/JPY and EUR/USD
- Should work on any currency pair
- Works equally well across all time frames
- Minimum account balance: $50
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Buy trades, sell trades, time frame, bars, trading volume, fixed lots, risk percentage of balance, take profit, stop loss, start hour, ends hour, drawdown monitoring, magic number
Download This Expert Advisor
How to install and run the Forex Breakout Scalping Robot?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Forex Breakout Scalping Robot.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Forex Breakout Scalping Robot!