Description
Breakout bot v5 is an automated breakout trading bot designed for traders who want a structured and rules-based approach. The strategy identifies swing highs and lows within a defined lookback period and executes trades when breakouts occur, using configurable risk/reward settings. Built-in filters check trading sessions, spread, and volatility before opening any position, helping the bot to operate only under suitable conditions.
Strategy type: Breakout, momentum-based
Target symbols & periods: Major FX pairs, M1 and M30
Requirements:
• Minimum balance: 70 USD
• Minimum leverage: 1:30
• Recommended: Low-spread broker
Disclaimer: Trading involves risk. Past performance does not guarantee future results.
Summary
AI summary
Breakout_bot_v5 is an automated trading bot designed for the cTrader platform, implementing a breakout and momentum-based strategy. It identifies swing highs and lows over a specified lookback period and executes trades when price breakouts occur. The bot includes configurable risk/reward settings and built-in filters that assess trading sessions, spread, and volatility to ensure trades are opened only under suitable market conditions.
This bot targets major Forex currency pairs, specifically EURUSD, GBPUSD, and USDJPY, and operates on 1-minute (M1) and 30-minute (M30) timeframes. It requires a minimum account balance of 70 USD and leverage of at least 1:30, with a recommendation to use a low-spread broker to optimize performance.
The strategy is structured and rules-based, aiming to provide a systematic approach to breakout trading by focusing on momentum shifts in the Forex market. Users should be aware that trading involves risk and past performance does not guarantee future results.
This bot targets major Forex currency pairs, specifically EURUSD, GBPUSD, and USDJPY, and operates on 1-minute (M1) and 30-minute (M30) timeframes. It requires a minimum account balance of 70 USD and leverage of at least 1:30, with a recommendation to use a low-spread broker to optimize performance.
The strategy is structured and rules-based, aiming to provide a systematic approach to breakout trading by focusing on momentum shifts in the Forex market. Users should be aware that trading involves risk and past performance does not guarantee future results.
Trading profile
Discussion
Customer reviews
0.0
Reviews: 0
Customer reviews
No reviews for this product yet. Already tried it? Be the first to tell others!
FAQ
Forex
Breakout
EURUSD
GBPUSD
ATR
USDJPY
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.
Price
7
Sales