Breakout Momentum is an automated EA for trading EURUSD. Its strategy takes advantage of false breakouts, breakouts, and raids on liquidity above and below current marketplace prices. It is effective in both raging and trending markets. It shows promising results during back-testing using "every tick based on real tick" mode. It is also proving itself on a real account.
Breakout Momentum can be configured as a scalper with a tight trailing stop. It can produce constant incomes over months. As a swing trader, this EA can benefit from break of structure to ride the trend
Breakout Momentum's main functionalities are:
The trend is your friend, a trend filter is there to help eliminate bad trades
Configure a hidden grid system to replace your SL and recover your losing positions
Volume can be a fixed value or percentage from your balance
Book your profit till the last PIP with the advanced trailing stop put in place
Control which days you are trading and which you are not
Use a news filter to prevent surprises during high-impact news
And finally, this EA has its own built-in mechanism to control Daily DrawDown or to set Daily Profit targets. Once one of them is reached, the EA stops automatically to take new orders and close the active ones.