Ultimatum Breakout EA

Description

The Ultimatum Breakout EA is a trading robot designed around the concept of breakout strategies. It seeks to identify valid breakout opportunities using a combination of multiple custom indicators. These tools aim to filter out unreliable signals and improve the EA’s decision making process when executing trades.

One of the core features of the Ultimatum Breakout EA is its focus on risk control. It employs a very small stop loss for each trade, which means that capital is guarded against significant drawdowns. This could be particularly appealing to traders who prioritize preservation over high risk, high reward tactics. Additionally, the EA calculates spread and factors it into key trade parameters such as pending orders, stop loss, trailing stop, and breakeven levels indicating a level of adaptability to changing market conditions.

The Ultimatum Breakout EA distinguishes itself by avoiding common high risk strategies often found in automated systems. It does not use Martingale, arbitrage, or scalping techniques. Instead, it relies on more traditional, moderated trade management rules, possibly making it more suitable for steady, long term use rather than short term aggressive growth.MT4 MT5