Trend type MT5 PeakTaker
3700
Return on cycle+433.46%
Cycle of back testing(2024.05.01 - 2025.12.03)
Applicable Platform
Applicable productsAll Symbol
Last Updated Time2025-12-10
Authorization cyclePermanent

Backtesting data does not represent future performance

This strategy primarily focuses on breakout trading for cryptocurrencies BTC/ETH

USD 0.99 USD 280.00 4568 people paid
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EA Description
EA Name PeakTaker Features Enters trades on breakouts of new highs and new lows Functions 1. This is a trend-following EA, suitable for trend-type market conditions and instruments. Different breakout patterns require setting different parameter values; after an instrument shows a clear trend in the recent period, the EA can be loaded with adjusted parameters for that instrument. 2. The core of this strategy is breakout trading: go long on breaking new highs, go short on breaking new lows. After closing a long position, seek new trading opportunities, and only hold orders in one direction at any given time. 3. Go long when the price breaks the new high of the past Length candlestick periods, and the distance between the previous high (broken) and the current price exceeds Min_K candlesticks. After entering a long position, set the stop-loss at SL_Percent percentage points below the entry price, and the take-profit at TP_Percent percentage points above the entry price. 4. Go short when the price breaks the new low of the past Length candlestick periods, and the distance between the previous low (broken) and the current price exceeds Min_K candlesticks. After entering a short position, set the stop-loss at SL_Percent percentage points above the entry price, and the take-profit at TP_Percent percentage points below the entry price. 5. After the position becomes profitable, the EA will activate a trailing stop (set as percentage points). For every TrailStart_Percent percentage points of profit earned, the stop-loss for long positions will move up by TrailStep_Percent percentage points, and the stop-loss for short positions will move down by TrailStep_Percent percentage points. This adjustment continues until the take-profit is hit or the stop-loss is triggered. 6. The EA also includes a time filter mechanism (UseTimeFilter), which allows setting a specific time window for opening positions; opening positions is prohibited outside this time window. Parameter Explanation Lots : Order lot size SL_Percent : Stop-loss percentage points TP_Percent : Take-profit percentage points TrailStart_Percent : Profit percentage points to activate trailing stop TrailStep_Percent : Percentage points step for trailing stop adjustment Length : Number of candlestick periods for breakout confirmation Min_K : Minimum number of candlesticks between the breakout level and current price UseTimeFilter : Time filter switch TradeStartTime : Start time of the time filter window TradeEndTime : End time of the time filter window Magic : Order identification number comment : Order comment Investment Advice - Risk Warning 1. This strategy may produce discrepancies when tested on different trading platforms. 2. It is recommended to first conduct simulated testing or small-scale live testing, and only run it on a full live account if the results meet expectations. 3. Past test results do not guarantee future profits. 4. This EA is best used in conjunction with manual oversight: load the EA when a major market move is anticipated. Based on experience, this approach yields better trading results. 5. Do not assume that a single EA can profit from all market conditions. It is wise to become familiar with the EA’s characteristics before using it. 6. This EA is more suitable for instruments such as cryptocurrencies. Testing Notes 1. Testing Period: 2024.5 - 2025.12 2. Tested Instrument: ETHUSD 3. Testing Timeframe: M30 (30-minute chart) 4. Testing Parameters: See the test report for details
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