Fractals Breakout EA

Expert Advisor open trades based on breakout of fractal indicator peaks and troughs.

Expert Advisor Features

  • Option to set margin pips above or below fractals to confirm the signal.
  • Close previous order on reverse signal.

How It Works
EA will determine fractals indicator last peak and trough, if price closes above last peak EA will open buy trade, and if price closes below last trough EA will open sell trade.

Trading Notes

  • High volatility pairs gives better results.
  • Test the EA on different pairs and timeframes to find the best winning pairs and parameters.

Fractals Breakout EA has some parameters so you can adjust it according to your needs, I'll explain it in details.

Max Opened Trades 0=disable
Max opened trades in the same time for buy trades and sell trades indivitually.

Close Orders On Reverse Signal
option to let the EA close sell orders when buy signal appears and close buy orders when sell signal appears.

Margin Pips To Confirm Break
Number of pips added to daily high/low to confirm the break.

Lot Size
order lot size.

Money Management
enable set orders lot size based on account balance and available margin.

Risk Percent
number of precent to risk from your balance to determine orders lot size.

orders takeprofit by pips.

orders stoploss by pips.

Trailing Stop
orders trailing stop by pips.

Break Even
orders break even by pips.

Break Even Pips
number of pips to break after order reach Break Even pips in profit.

Magic Number
orders magic number.

Show Trades Info Panel
option to show or hide trading panel from chart.

Displayed Comment
comment appears next to trade.

Version 1.0  02.11.2019
first initial version