This EA has been developed, tested and traded live for EURUSD H1 TF. Everything is ready for immediate use on real account.

Very SIMPLE STRATEGY with only FEW PARAMETERS. Strategy is based on DAILY OPEN BREAKOUT. It enters if volatility raise after some time of consolidation. It uses STOP pending orders with ATR STOP LOSS. To catch the PROFITS there are BREAKEVEN and TRAILING STOP functions in the strategy. In the strategy is also used some TIME EXIT logic.

1. For every candle the pending orders are modified to adapt the market behavior.
2. Everything is already set up for EURUSD H1 timeframe. 
3. You need to set only the lotsize depending on the amount of capital in relation to the expected risk.

EA has been backtested on more than 17-year long tick data with 99% quality of modeling and verified on 30-year long M1 data. There is no need to set up parameters, all settings are already optimized and fine-tuned.

The enclosed screenshots demonstrate the complexity and coverage of the tests which every strategy of mine must fulfill:

• IS/OOS tests.
• Slippage test.
• Test on another market to verify the edge.
• Test on lower and higher timeframe.
• Robustness tests:
• Monte Carlo simulations of Randomize trades order.
• Randomly skip trades.
• Randomize strategy parameters.
• Randomize history data – volatility change.
• Sensitivity for spread and slippage.
• Walk forward matrix – verify how the strategy is adaptable to a big range of market conditions.

My recommendation is to have a look at the rest of my products, because the benefits of portfolio are diversification through the markets, timeframes, etc. Portfolio of strategies works better together in combination.

A broker with a small spread and slippage is recommended for better performance. There is no need to use a large account.

Features

• Each trade is protected by Stop Loss.
• No martingale, no grid, no scalp, no hedge, no latency, no arbitrage.
• No excessive consumption of CPU resources.
• User-friendly settings.
• All settings optimized.
• Long-term strategy.

If you have any questions, please contact me before buying.

Settings

• Lots = 0.01 – set current lot size, adjust by your capital size.
• MagicNumber = 20360 – trade ID.
• CustomComment = Range Breakout EURUSD H1 – custom comment in history.
• EmailNotificationOnTrade = false – if a trade is opened, an email is sent to you; you need to setup an SMTP server in MetaTrader 4.
• DisplayInfoPanel = true – enable or disable the info panel on the chart