EA Ultimatum Breakout – Unlimited Version

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Ultimatum Breakout - this buying and selling system makes use of the technique of legitimate breakouts, utilizing a number of customized indicators for eliminating unhealthy alerts.

The EA makes use of a really small SL so the account is at all times shielded from fairness drawdown with a really low danger-per-commerce.

The EA is totally tailored: calculates the unfold — for pending orders, cease loss, trailing cease, breakeven.

It was backtested and optimized utilizing actual ticks with 99,9% high quality. It has efficiently accomplished stress testing.

Ultimatum Breakout

  • No Martingale.
  • No arbitrage.
  • No different dangerous methods.
  • No scalping.

Monitoring: https://www.mql5.com/en/alerts/writer/profi_mql

The EA is optimized for EURUSD H1 solely.

МetaТrader 5 modelhttps://www.mql5.com/en/market/product/41476

Necessities and Suggestions

  1. Earlier than utilizing on a reside account, check the EA with minimal danger.
  2. Low spreads + low fee + prime quality execution are vital when selecting a dealer to commerce.
  3. Use VPS server with minimal community latency to the dealer's server.

Parameters

  • Show_Info_Panel — Data panel. (on the worth false - Hastens the testing within the technique tester).
  • Magic — Trades identifier.
  • Order_Comment — Feedback to the order.
  • Slippage — Allowed slippage earlier than an order triggers.
  • Max_Spread — Most Unfold allowed earlier than pending order is triggered.
  • Adaptive_Spread_for_trade — On the worth 'true' the unfold is added to trailing cease and cease loss.
  • Order_Type — buying and selling route.
  • Fixed_Lot — Fastened lot ( if "Use_Risk_MM" = false ).
  • Use_Risk_MM — On the worth 'true' the lot dimension will increase because the account steadiness grows.( Threat Administration ).
  • Percentage_Risk — Improve the lot dimension primarily based on steadiness.( Threat Administration % ).
  • Take_Profit — Take revenue degree in factors.
  • Stop_Loss — Cease loss in factors.
  • Use_Smart_StopLoss— On the worth 'true' the cease loss is adjusted in line with the worth motion.
  • Smart_StopLoss — Step of the sensible cease loss.
  • Use_Break_Even — If that is true Cease loss worth might be moved to breakeven when worth is above goal factors.
  • Breakeven_Target_PipsInp — When worth is above this worth breakeven might be triggered.
  • Breakeven_Jump_PipsInp — Cease loss might be moved utilizing this worth to breakeven.
  • Use_Trailing — If that is true, revenue might be protected with trailing cease.
  • Trailing_Stop — Trailing factors, when the place is in revenue.
  • Trailing_Step — Trailing step, when the place is in revenue.

Ultimatum Breakout

Buying and selling by time inside the day:

  • Use time — If 'true' buying and selling might be carried out by time.
  • Time_Setting — Server time or pc time.
  • GMT_mode = GMT offset of the dealer server time; ( 0 - not used ).
  • Every_Day_Start — Operation begin time (hh:mm).
  • Every_Day_End — Operation finish time (hh:mm).

Operation finish time on Friday:

  • Use time — If true buying and selling might be carried out by time.
  • Time_Setting — Server time or pc time.
  • GMT_mode = GMT offset of the dealer server time; ( 0 - not used ).
  • Disable_in_Friday — Operation finish time on Friday (hh:mm).

EA Ultimatum Breakout - Unlimited Version 1

 

 

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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.