FRZ Breakout Trading Robot

This is an expert adviser that is intended to trade where sudden sharp movements occur on charts. This EA works by looking at the time to move a specified number of pips in a specified maximum number of seconds on a particular chart.  For instance, if 10 pips rose in 15 seconds or less, that could be thought to be a breakout event for the currency and a “Buy order” would be placed. On the other hand, if a specified number of pips fell within a specified maximum number of seconds, the EA would place a “Sell order”. For instance, if 10 pips fell within 15 seconds or less, a sell order would be placed. Trades are closed on the opposite signal and a new order is made in the new direction. However it makes only one trade per bar.

***Low risk EA with no martingale, no grid, no hedging, no averaging, and only one position at a time with predefined TP, SL & TS***

MT5 version is here

Another good thing is that this EA will also work as a news trader since it can trade sudden spikes in charts arising from high impact news including both scheduled and unscheduled news releases.