Universal Breakout EA

The Universal Breakout EA is an automated trading system that uses a breakout strategy to identify potential trading opportunities and place trades. It is designed to trade on various currency pairs and includes a range of options for managing trades, including trailing stop loss and early close functions.

In this comprehensive review, we will take an in-depth look at the Universal Breakout EA. By the end of this review, you will have a clear understanding of the Universal Breakout EA and whether it is worth considering.

Universal Breakout EA Strategy

The Universal Breakout EA is a forex robot that is designed to implement a breakout trading strategy in the forex market. The EA can trade on multiple currency pairs and other instruments on various timeframes. Its trades include EUR/USD, USD/JPY, GBP/USD, and USD/CHF.

Universal Breakout EA
Universal Breakout EA

The strategy behind the Universal Breakout EA is based on identifying key support and resistance levels in the market and placing pending orders at these levels. Once the price breaks through these levels, the EA will open a position in the direction of the breakout. It places two pending orders, a BUYSTOP, and a SELLSTOP, at the maximum and minimum price points.

Universal Breakout EA
Universal Breakout EA

One of the strengths of the Universal Breakout EA is its ability to quickly identify potential trading opportunities and enter into trades automatically. Additionally, its customizable settings allow for a degree of flexibility. The EA is also compatible with MetaTrader 4 and MetaTrader 5 platforms.


However, there are also some weaknesses to consider. Breakout trading can be vulnerable to false breakouts and sudden market reversals. Additionally, the success of the Universal Breakout EA is heavily dependent on market conditions, and will not perform well in ranging markets or when there is a lack of volatility.

It is worth considering for traders who are looking for a tool to automate their breakout trading strategy. It is recommended that users test the Universal Breakout EA in a demo account before using it with real money to minimize risk. It is also important to apply good risk management settings.

Universal Breakout EA Features

  • Automated trading robot
  • Trades based on breakout strategy
  • Ability to trade on multiple currency pairs simultaneously.
  • Customizable settings for each currency pair.
  • Compatibility with MetaTrader 4 and 5 platforms.
  • User-friendly interface with customizable display settings.

Universal Breakout EA Settings

  • Day of the week: You can turn on or off the EA for specific days of the week.
  • GMT: This is the broker’s time zone relative to GMT.
  • Stop Loss type: This setting determines the type of stop loss used, whether fixed or dynamic.
  • Fixed Stop Loss: This is the size of the fixed stop loss in pips.
  • Take Profit type: This setting determines the type of take profit used, whether fixed or dynamic.
  • Fixed Take Profit: This is the size of the fixed take profit in pips.
  • Break Even distance: This is the distance from the entry price at which the break even order is placed.
  • Break Even profit: This is the level to which the stop loss is shifted when the break even order is triggered.
  • Trailing distance: This is the distance from the current price at which the trailing stop is placed.
  • Trailing step: This is the incremental distance by which the trailing stop is moved as the price moves in the trader’s favor.
  • Lot calculation type: This setting determines how the lot size is calculated, whether fixed or dynamic.
  • Fixed lot: This is the size of the fixed lot.

Universal Breakout EA Summary

The Universal Breakout EA is an automated trading system that identifies breakouts and places orders accordingly. Its strengths include compatibility with multiple currency pairs and timeframes, and the ability to set up stop loss and take profit targets.

The EA’s weaknesses include potential losses during periods of sudden market change. It is not foolproof and requires constant monitoring to prevent large losses. its weaknesses include the potential for false breakouts and losses during high volatility.

It’s important to note that there are no guarantees when trading with this EA. This forex EA is worth considering for traders who have a good understanding of market breakouts and risk management. It is essential to demo-test the EA and apply good risk management settings before trading live.


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