Breakout Storm

A Comprehensive Overview of Breakout Storm MT5

The Forex trading market is a volatile, fast-paced environment that demands high-performance trading tools like Breakout Storm MT5. This software, designed for professional traders, is a fully automated breakout and momentum Expert Advisor (EA). It operates on ten different currency pairs known for their significant market movements. The software makes use of a complex internal algorithm, incorporating seven different indicators, ranging from Average True Range (ATR) to Heikin Ashi and Moving Average (MA), in addition to four proprietary leading indicators.

Breakout Storm MT5 was developed over two years using Python code and special tools that bypass the limits of the Metatrader platform. It was then coded into MT4 and MT5 platforms, making it accessible for professional traders.

Trading Strategy and Performance

The software employs a unique trading strategy. Like all breakout systems, it experiences periods of stagnation where the bot aims to preserve the deposit. However, when a breakout occurs, the software capitalizes on these big moves to generate significant profits. It does so without relying on leverage or large lot sizes, but by simply taking advantage of the large pip movements.

The software operates on AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, and XAUUSDTF currency pairs on an H1 timeframe. This timeframe is chosen to filter out market noise, as H1 is generally considered the most stable timeframe across brokers.

Key Features and Benefits

Breakout Storm MT5 is characterized by a strict use of stop-loss on every trade, and it allows for trading 35 strategies from just one chart setup. The software is designed to work with low leverage, needing just a $3000 deposit for every 0.01 lots. This makes it safe to use even with a 10:1 leverage.

The EA has proven to withstand stringent high-quality stress-backtests, with real variable spreads, commission, and negative slippage on every order at 99% tick quality. It also showcases impressive live results on high balance accounts across several different brokers. Moreover, it is not sensitive to slippage or trading conditions, making it suitable for non-ECN brokers as well.

One of the standout features of Breakout Storm MT5 is that it is an underfitted system. This means that it uses the same settings to trade up to 10 different pairs. This robustness is a significant factor in its consistent performance in the Forex market.

FAQ

What is an underfitted system?

An underfitted system, like Breakout Storm MT5, does not overfit settings to produce impressive backtest results. Instead, it uses the same settings across multiple currency pairs, indicating its robustness and adaptability.

Does the software require constant monitoring?

No, the software is designed to be a set and forget system. There is no need to disable it during news events or monitor it constantly.

What are the system requirements for Breakout Storm MT5?

The software can be installed on any system that supports the MT4 or MT5 platforms.

For in-depth analysis and independent testing of Breakout Storm MT5, you can visit forexroboteasy.com. Subscriptions for updates on the testing results of this product are also available on the same platform.

If you have had any experience with this high-performing Forex software, feel free to share it with us. Your feedback can help provide valuable insights for other users. Remember, this is an independent product review, and the text is written in the third person to maintain impartiality.