October 20, 2015

LuckyBreak Trading Robot (EA) for MetaTrader 4


LuckyBreak trades support and resistance. The EA use a unique highly adaptable trading algorithm which passes through a certain series of successive states and ending in one extreme action.
Best results are achieved in GBPUSD H4 pair.
The EA uses two smart strategies that work together.

Real account monitoring.

Features

  • A fixed stop loss.
  • Position used trailing stop.
  • Optimized for GBPUSD pair.
  • NO Martingale and NO grid.
  • Only pending orders are used.
  • Both a fixed and automatic lot size.
  • NO need in a large initial deposit.
  • Never need to optimize again.

Requirements

  • A broker with a low spread is highly recommended. An average spread of your broker on GBPUSD should not exceed 13 pips.
  • LuckyBreak is designed to work on GBPUSD H4.
  • The EA working on a VPS is the best solution.

Parameters

Choose a Risk you want to trade and you are ready.
  • SafeWithAggressive - if true, both safe and aggressive strategies are traded at the same time.
  • AggressiveStrategy - if true, only the aggressive strategy is applied.
  • SafeStrategy - if true, only the safe strategy is applied.
  • Bar - counted bars.
  • Bar2 - counted bars.
  • StopLoss - stop loss.
  • TakeProfit - take profit.
  • TraillingStop - trailling stop.
  • TraillingStep - trailling step.
  • Risk - percentage of equity to trade.
  • FixedLotSize - if true, a fixed lot size is used - choose a lot size by a parameter Lot.
  • Lot - fixed lot size.
  • Slippage - slippage value.
  • MaxSpread - maximum spread value.
  • MagicNumber - the magic number of the EA.
  • MagicNumber2 - the magic number of the EA.
  • MagicNumber3 - the magic number of the EA.
  • MagicNumber4 - the magic number of the EA.
  • comment = "LB".
  • ECN - True if you are using an ECN account, False if you are using a non-ECN account/standard account.


Trading Platform: MetaTrader 4 
Category: Experts Advisor
Author:
Published: 5 August 2015
Current version: 5.0
Updated: 9 October 2015

Recommended broker #1: OctaFX (true ECN execution without requotes, without commission)
Recommended broker #2: RoboForex (market execution, commission $4/lot)

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