README.md

EA Maximum Breakout Scalper MT5

This is a Forex Expert Advisor (EA) developed by the Forex Robot Easy Team. The EA is designed to trade breakouts in the Forex market on the MetaTrader 5 platform. It aims to take advantage of high price fluctuations to generate profits.

Features

• Default lot size: 0.01
• Default risk percentage: 2.0
• Default stop loss: 50.0 pips
• Default take profit: 100.0 pips
• Trailing stop functionality can be enabled or disabled
• Trailing stop distance: 30 pips
• Manual trading can be enabled or disabled

How it works

The EA operates based on two modes: manual trading and automated trading.

In manual trading mode, the EA allows traders to execute their own trades. Traders can use their preferred trading strategies and indicators.

In automated trading mode, the EA takes control and trades automatically. It checks for high price fluctuations on the H1 timeframe and places pending orders accordingly. The EA uses a complex mathematical algorithm to identify high price fluctuations. If a new bar has formed and high price fluctuations are detected, the EA places pending orders with the specified lot size, risk percentage, stop loss, and take profit levels. Trailing stop functionality can also be enabled.

Installation

To use this EA, follow these steps:

1. Download the EA file from the official developer's website or use the MQL5 platform.
2. Open the MetaTrader 5 platform.
3. Go to 'File' -> 'Open Data Folder' to open the data folder.
4. Copy the EA file into the 'MQL5' -> 'Experts' folder.
5. Restart the MetaTrader 5 platform.
6. Drag and drop the EA from the Navigator window onto a chart.
7. Configure the EA settings according to your preferences.
8. Start trading!

Product Description

This EA, developed by the Forex Robot Easy Team, is designed to trade breakouts in the Forex market. It is suitable for traders who want to take advantage of high price fluctuations and generate profits. The EA can be used in both manual trading and automated trading modes, providing flexibility for traders.

The EA comes with default settings for lot size, risk percentage, stop loss, and take profit levels. Traders can adjust these settings based on their risk tolerance and trading preferences. The EA also offers trailing stop functionality, allowing traders to protect their profits and maximize their gains.

Please note that ForexRobotEasy is not the official developer of this product. We only provide a sample code that can work as described in this product. For detailed reviews and trading results of this product, please visit the official developer's website or use MQL5 to find the official developer.