Volatility Breakout Trader EA (for USDJPY) By Seller:

Stuff

Description

Volatility Breakout Trader EA Backtest Graph With Auto Lot

Volatility Breakout Trader EA Backtest Statistics With Auto Lot

Volatility Breakout Trader EA Backtest Statistics No Auto Lot

Volatility Breakout Trader EA Backtest Graph No Auto Lot

Timeframe: 1H
Target currency pair: USDJPY

This EA uses a trading strategy targeting the 1-hour USD/JPY chart. The 1-hour span can capture short-term price movements while also dealing with some trend fluctuations, making it suitable for a wide range of traders, from beginners to experienced traders. In addition, it allows you to actively aim for profits even with a small amount of capital, achieving efficient asset management. By using this EA, you can automate trading and manage risk at the same time while aiming to steadily accumulate profits.

Main features of the EA

• Trade logic: This EA incorporates two independent trade logics. Each logic utilizes different indicators and can precisely detect changes in market trends. An entry strategy is adopted that automatically enters when a trend occurs and adapts to price movements. This allows you to respond to various market environments and always trade at the optimal time.
• No Martingale/No Grid: The EA is designed without using high-risk techniques such as martingale or grid trading. Stop losses are always set for each position, and trading is performed within a predefined risk range. This stable risk management minimizes the risk of loss in the event of sudden market fluctuations.
• Compound Interest Function: This EA incorporates the principle of compound interest, and is designed to efficiently increase funds even with a small amount of capital. The transaction size is automatically adjusted each time a profit is made, allowing you to accelerate the growth of your assets. This compound interest function is particularly effective in long-term asset management, and aims to increase your overall assets while accumulating short-term profits.

Overview of Trading Strategy

This EA has two different trading logics that trade in both directions, buying and selling. Each logic is based on a unique algorithm and uses specific indicators to generate entry signals. Each logic responds to different market movements and executes trades that accurately capture market trends and volatility. This allows you to expect stable performance even in diverse market environments.

Logic 1

• Indicators used: Highest in Range, Bar Range
• Logic overview: Logic 1 uses two main indicators, “Highest in Range” and “Bar Range”, to detect entry timing. Specifically, an entry signal is generated based on the market’s past highest price range and bar range. This signal occurs when an upward trend in the market is confirmed, and the entry price is set by adding a part of the “Bar Range” to the value of “Highest in Range”. At the time of exit, the position is closed according to the trailing stop and the pre-set profit target. This strategy allows you to adapt to sudden market fluctuations and aims to secure profits while minimizing risk.

Logic 2

• Indicators used: Bollinger Bands, ATR
• Logic overview: In Logic 2, two indicators, “Bollinger Bands” and “ATR (Average True Range)”, are used as entry criteria. An entry signal is generated when certain conditions of the Bollinger Bands are met, and the optimal entry point is determined based on the ATR. Exits are managed by trailing stops and specified periods, and the focus is on optimizing the position holding period. This reduces position loss and aims to achieve stable profits.

Parameter settings

Parameters related to Logic 1

• MagicNumber1: A number to identify Logic 1 trades. It is used to distinguish from other EAs and prevent confusion.
• ExitAfterBars1: The maximum number of bars after entry before closing the position. This setting prevents excessive position holding and controls risk.
• PriceEntryMult1: A multiplier used to adjust the entry price to optimize the entry point.
• ProfitTarget1: Set a profit target (%) for the position and automatically close the position when the target is reached.
• StopLoss1: Set a stop loss line based on the ATR to minimize losses in the event of sudden market fluctuations.
• TrailingStop1: A trailing stop based on the ATR, which automatically raises the stop loss as profits grow, aiming to secure profits.

Parameters related to logic 2

• MagicNumber2: A number to identify logic 2 trades, to prevent mixing with other EAs.
• ExitAfterBars2: Set the maximum number of bars to close the position after entry to manage risk.
• ProfitTarget2: Automatically close the position when the profit target (%) is reached.
• StopLoss2: A stop loss line set based on the ATR reduces market risk.
• TrailingStop2: A trailing stop based on the ATR is set, and the stop loss is raised as profits grow.

Money Management Parameters

• UseMoneyManagement:
  • When set to true, the lot size is automatically adjusted according to the account balance. This allows you to control risk and maximize capital efficiency.
  • When set to false, trades are made with a fixed lot size specified by mmLotsIfNoMM, providing a stable trading environment.
• mmRiskPercent: When money management is enabled, sets the risk percentage to optimize risk per trade. Recommended value is 0.5-2.0%.
• mmDecimals: Specifies the number of decimal points for lot size adjustment, allowing for precise lot size setting.
• mmLotsIfNoMM: Sets a fixed lot size when money management is disabled, ensuring trading stability.

Setting exits under specific conditions

• ExitOnFriday: Set whether to close all positions on Friday. This is an important function for avoiding market risk on weekends.
• FridayExitTime: Specify the time to close positions on Friday in 24-hour notation, allowing you to avoid weekend risks.