
The Currency Pros Breakout EA for MT5 is a fully automated trading system designed to capture breakout opportunities across different trading sessions. The settings panel reveals a well-structured configuration that emphasizes precision entries, risk management, and session-based logic, making it suitable for both manual optimization and prop firm trading.
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โ๏ธ Order Settings
- Take Profit (TP): 30 pips
- Stop Loss (SL): 40 pips
- Magic Number: Unique ID (2443) to manage trades independently.
๐ These moderate TP/SL ratios allow balanced risk-to-reward setups tailored for breakout strategies.
๐ Risk Management
- Fixed Lot Size: 0.01 (default micro-lot for safety)
- Auto Lot Size: Disabled (manual risk control preferred)
- Risk % per Trade: 1.0%
- Maximum Daily Drawdown: Disabled (0.0), but can be activated for prop firm compliance.
๐ Conservative position sizing ensures stable equity growth, while flexibility allows scaling for larger accounts.
๐ Trading Logic
- Daily Candle Breakout Orders: Enabled โ captures breakouts from daily price ranges.
- Round Step Offset: 0.1 pips for precise order placement.
- Breakeven: Disabled, but option to move SL to breakeven after +10 pips available.
- Delete Orders Time: 23:30 โ unused pending orders are cleared daily.
๐ This logic ensures the EA avoids overnight risks and stale breakout orders.
๐ Trailing Stop (Active)
- Trailing Stop: Enabled
- Start: 10 pips
- Distance: 10 pips
- Step: 0.5 pips
๐ A tight trailing stop locks in profits early, maximizing gains during strong breakout moves while minimizing reversals.
๐ Session Breakouts
- Asian Breakout: Disabled
- London Breakout: Enabled (13:00 โ 15:00 server time)
- New York Breakout: Disabled
๐ The EA is optimized for the London Session, historically the most volatile market hours, ideal for breakout strategies.
๐ฐ News Filter
- Enabled: False (not active by default)
- High News: True (if activated, can avoid high-impact events)
- Moderate & Low News: Disabled
๐ Although disabled in this setup, traders can activate the news filter to avoid trading during red news events, reducing risk during high volatility.
๐ Trading Filters
- Spread Filter: 0 (no limit, but adjustable)
- Trading Days: Monday โ Friday (all active)
- Trading Hours: 00:00 โ 23:59 (full market coverage)
๐ This ensures the EA can scan opportunities 24/5, with flexibility to restrict sessions if needed.
๐ Other Settings
- Dark Mode: False (UI preference only, no effect on trading).
โ Final Conclusion
The Currency Pros Breakout EA is highly configurable, giving traders full control over risk, session logic, and order execution. The combination of:
- London Session Breakout focus
- Trailing stop system
- Balanced TP/SL ratios
- Optional news filter for safety
โฆmakes this EA a robust breakout solution suitable for both small accounts and larger funded challenges.
With its scalability, customizable filters, and prop firm-friendly risk settings, Currency Pros Breakout EA is designed for traders who want a low-risk yet powerful breakout strategy for Forex trading.
