Breakout Strategies Ea – Free Version


Breakout Strategies Ea - Free Version 1

Hi Forex Wiki Trading,

Breakout Strategies Ea Description: 

Breakout Strategies Ea - Free Version 2

Gecko runs a easy, but very efficient, confirmed technique.  It appears for necessary contemporary prime and lows and can industry the breakouts.

The real execution of this technique alternatively, is what makes this EA really shine.  Access calculations and go out algorithms don't seem to be simplest distinctive but additionally very complex.


The EA makes use of many industry control ways, together with however no longer restricted to:

  • a Trailing SL, the use of multipe parameters to regulate its serve as
  • "Transfer to Damage-even" at positive level, with the likelihood so as to add additional pips to the purpose of breakeven
  • Trailing SL in response to contemporary highs/lows, together with an way to run this simplest till breakeven stage (to supply extra space for complete TP to be reached)
  • Trailing SL in response to industry length, to restrict publicity after the transfer has run out of momentum

That is NOT a scalper EA, and it does no longer use any grid/martingale or different dangerous ways.  It makes use of very strict Stoploss, at secure distance.

There are lots of chance control choice, together with surroundings a undeniable chance consistent with industry.

The EA is evolved principally for EURUSD, since it's the maximum capable pair for working breakout methods.  On the other hand, backtests presentations promising effects on a couple of pairs already, with none optimization for the ones pairs.

Really useful time frame is H1.

Minimal accountbalance: 100$

Default parameters are for EURUSD H1. There are units to be had additionally for GBPUSD,USDJPY, AUDUSD and EURJPY to be had.

Key options:

  • Protected buying and selling: each industry is safe through a Stoploss
  • EA isn't delicate to unfold or slippage
  • No chance of over-optimization, since no optimization procedure has been achieved
  • No bad cash control ways used like grid or martingale
  • Top correlation between are living trades and backtest trades
  • Very prime hitrate (>80% of trades are successful)
  • Pressure Examined with 99.90% tickdata the use of variable unfold and slippage simulation

Broker Requirement :

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Breakout Strategies Ea - Free Version 3Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
Breakout Strategies Ea - Free Version 4Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Breakout Strategies Ea - Free Version 5Register2009
🇧🇿 Belize
Breakout Strategies Ea - Free Version 6Register2009
🇧🇿 Belize
Breakout Strategies Ea - Free Version 7Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
Breakout Strategies Ea - Free Version 8Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
Breakout Strategies Ea - Free Version 9Register2011
🇬🇧 England
Breakout Strategies Ea - Free Version 10Register2006
🇪🇭 Ireland

Breakout Strategies Ea Settings:

Breakout Strategies Ea - Free Version 11


  • EA's individual settings, like Magicnumber, Trade_comment, infopanel activation
  • Lotsize settings: here you can determine how the EA will set the lotsize.  Based on balance (Lots Per Balance), or based on risk per trade for example
  • For LOW RISK, use Lots Per Balance= 200 or bigger.  For MEDIUM RISK, use Lots Per Balance=100.  For AGGRESSIVE RISK, use Lots Per Balance = 50
  • Maximum allowed spread can be set
  • The option for Virtual SL is available for those who don't want the broker to know the SL location
  • Entry parameters: these include (currencly) 3 entry models, entry timing, and various parameters to determine the entry's strictness
  • Stoploss and Takeprofit can be set
  • TrailingSL can be set, including where to start, stop, size of the TrailSL, and when modify
  • Breakeven settings, with a start parameter, and a parameter for adding extra pips
  • High/Low trailingSL can be activated, including option to stop at breakeven
  • Time based TrailingSL, which will be activated after X minutes

Reminder: As with every trading system, always remember that forex trading can be risky.  Don't trade with money that you can not afford to lose.  It is always best to test EA's first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

Breakout Strategies Ea Results:

Breakout Strategies Ea - Free Version 12 Breakout Strategies Ea - Free Version 13 Breakout Strategies Ea - Free Version 14 Breakout Strategies Ea - Free Version 15 Breakout Strategies Ea - Free Version 16

Download Gecko EA V1.2 :

Installation: drop the file missing32.dll into the root directory of the terminal MT4 ( terminal.exe) Then restart the it.

work only with Terminal build 1320. !!!


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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.