The Ultimatum Breakout EA for MetaTrader 4 (MT4) is a fully automated trading system designed to capitalize on market breakouts, combining smart risk management with customizable trade timing. Below is a detailed explanation of each parameter in the EA’s input configuration: 📌📌📌 Buy this unlimited Ultimatum Breakout EA MT4 product here 📌📌📌 📌 General Settings Parameter Value Description Show_Info_Panel […]
The Ultimatum Breakout EA for MetaTrader 4 (MT4) is a fully automated trading system designed to capitalize on market breakouts, combining smart risk management with customizable trade timing. Below is a detailed explanation of each parameter in the EA’s input configuration:
Ultimatum Breakout EA MT4 – Full Settings Analysis & Optimization Guide 4
📌 General Settings
Parameter
Value
Description
Show_Info_Panel
true
Enables on-screen display of trade stats and status.
Magic
4242
Unique identifier for trades placed by the EA. Prevents trade conflicts.
Order_Comment
Ultimatum
Adds a label to each trade for identification.
Slippage
10
Maximum allowed slippage in points when entering a trade.
Max_Spread
20
Ensures trades are only executed under acceptable spread conditions.
Adaptive_Spread_for_trade
true
Enables dynamic spread filtering to avoid bad entries during volatility spikes.
Order Type
Buy and Sell
EA trades in both directions (long and short).
💰 Risk Management Settings
Parameter
Value
Purpose
Fixed_Lot
0.1
Default lot size if money management is off.
Use_Risk_MM
true
Enables percentage-based money management.
Percentage_Risk
10.0
Trades are calculated to risk 10% of account balance per trade.
🎯 Trade Exit Conditions
Parameter
Value
Function
Take_Profit
1000
Large TP indicating swing or breakout capturing strategy.
Stop_Loss
10
Tight SL to protect from rapid losses.
Use_Smart_StopLoss
true
Activates advanced logic to optimize stop loss placement.
Smart_StopLoss
1
Configuration level for smart SL (likely adaptive or indicator-based).
🔄 Break-Even & Trailing Logic
Parameter
Value
Explanation
Use_Break_Even
true
Automatically moves SL to breakeven after a certain profit is reached.
Breakeven_Target_PipsInp
20
When trade is +20 pips in profit, SL moves to entry price.
Breakeven_Jump_PipsInp
10
SL jumps ahead by 10 pips once BE is triggered.
Use_Trailing
true
Activates trailing stop for maximizing profits.
Trailing_Stop
30
Trail distance is 30 pips.
Trailing_Step
15
EA moves SL in 15 pip steps as price advances.
⏰ Trading Time Filters
Parameter
Value
Purpose
Use_Time (Trading)
false
Disables time filtering; EA trades any time.
Every_Day_Start
00:00
Intended daily trading start time (not used when Use_Time is false).
Every_Day_End
22:45
Intended end time.
Use_Time (Friday)
true
Enables specific logic for Friday cutoff.
Disable_in_Friday
20:00
EA stops trading on Friday after 20:00 server time to avoid weekend gaps.
✅ Summary
The Ultimatum Breakout EA for MT4 is a powerful, fully automated expert advisor built for breakout trading across volatile market sessions. With a combination of smart stop loss, break-even protection, and trailing stop functionality, this EA aims to capture large moves while minimizing downside risk. The inclusion of adaptive spread filtering and custom trade timing, especially the Friday cut-off, makes it a safe option for both aggressive and conservative traders.
