Breakout Master EA v1.0 MT4+MT5 is a fully automated Breakout trading Robot that works on MT4 and MT5. Designed by RoyalPrinceTrading, Incorporating breakout trading, dynamic lot sizing, and loss recovery mechanisms, this MT5 EA boasts a sophisticated blend of tried-and-true techniques paired with innovative methods to maximize profitability. Let’s delve into its core components.Breakout TradingBreakout trading remains a cornerstone strategy for many traders. The basic idea revolves around capitalizing on price movements when they surpass certain thresholds or key levels. Spotting the Breakouts: With the Breakout EA, bullish breakouts are identified using the BullBreakout function, while bearish counterparts use the BearBreakout function. Ensuring Genuine Breakouts: Not every price movement breaching a key level is a genuine breakout. The EA uses the AbnormalCandle function to differentiate between genuine and false breakouts. Dynamic Lot SizingDynamic lot sizing ensures that your trades are adjusted based on your account’s capital and risk level. The Calculation Behind: The EA’s main function for this is CalcLotWithTP(). This function sits at the heart of the EA, determining the trade volume required to meet the profit objectives. It seamlessly melds the take profit, start, and end prices, resulting in a lot size that is both dynamic and tailored to individual risk appetites. Adaptability: By considering the tick value of the symbol and the specified take profit, the Breakout Master dynamically tailors the lot size to the prevailing market conditions. Loss RecoveryThe standout feature of this EA is arguably its robust loss recovery mechanism. Initiating Recovery: When a trade’s profit dips below the pre-defined stop loss or surpasses the take profit, the EA kickstarts its loss recovery phase. Adaptive Modifications: During this phase, trading parameters are adjusted to recoup from any losses incurred. Martingale Money ManagementIncorporating principles of the divisive Martingale strategy, the Breakout Master EA adjusts its lot sizing, especially during the recovery phase; the lot size adapts based on the value of TakeProfPoints and TP_Points_Multiplier.Despite Martingale’s strategies’ appeal and recovery potential, traders must recognize the accompanying risks. Extensive backtesting of the EA is a must. Given the inherent risks with Martingale money management, regular monitoring, and prudent risk management are vital when trading live.Recommendations for Breakout Master EA Minimum Account Balance of 1000$ or equivalent cent account. Work Best on EURUSD and USDJPY. (Work on any pair) It works best on H1. Also, it trades much more frequently on lower timeframes. Giving you higher gain with higher risks. (Work on all TimeFrames) Some experimentation with different Capital, Currency pairs, and TimeFrames is recommended. For best performance, Breakout Master EA should be online 24 hours. Recommend using a VPS. Low Spread ECN account is also recommended. Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.What’s in the package?Experts: Breakout Master EA v1.0 MT4.ex4 Breakout Master EA v1.0 MT5.ex5 PresetsEURUSD H1 MT4.setUSDJPY H1 MT4.set=========================================================== MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION Telegram Channel : https://t.me/TheTradeLovers Telegram Contact : https://t.me/TheTradeLover Email : TheTradeLovers@gmail.com Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13 Instant Download Your files will be available to download once payment is confirmed. Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order. 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