Volatility Breakout

Volatility Breakout is a trading system that works only with PRICE and TIME, it puts STOP orders only on daily levels.

The system, through appropriate price patterns, exploits the situations in which a high volatility breakout is expected.

No indicators, no grid, no martingale or others dangerous or false method, no overfitting. The only indicator (Adx) is used as filter.

Trades are closed with Take Profit, Stop Loss or after pre-established time.

Here you can view results of the strategy in a portfolio https://www.mql5.com/en/signals/650507

It can run with 2 method for the volume:

-fixed lots

-fixed fractional (account balance)

The system is designed to run with any currency pairs with different settings,  on H1 timeframe.

Screenshots are the tests with fixed volume 1 Lot to show the real and clean performance; I invite everyone to make test with different money management.

 

Recommended steps:

1.   Open currency pair graph (timeframe H1) and attach the EA

2.   Charge set file of the correct currency pair (or search other setting)

3.   Set GMT Offset (difference, in hours, between your local server and GMT  London)

4.   Set unique Magic Number 

5.   Set Money management and level risk that you prefer