Shadow Breakout Pro #010
USD 2,000
One-time Payment
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- Shadow Breakout Pro #010
More details
- Shadow Breakout Pro – User Guide
- Overview
- Shadow Breakout Pro is an MT5 Expert Advisor (EA) that trades Donchian Channel breakouts
- with confirmation from ATR (Average True Range) and Volume Filters.
- It is designed to capture strong momentum moves after price breaks a defined range, while
- filtering out false signals using volatility and volume conditions.
- Key Features
- • Donchian Channel Breakouts: Entry when price closes above/below recent highs/lows.
- • ATR-based Risk Management: Automatic Stop Loss (SL) and Take Profit (TP)
- calculated from ATR multiples.
- • Volume Filter: Trades only when volume exceeds a moving average threshold or
- minimum level.
- • Spread Filter & Cooldown: Avoids high-spread conditions and enforces a waiting
- period after trades.
- • Trailing Stop (ATR-based): Dynamically adjusts Stop Loss to lock in profits.
- • Flexible Lot Sizing: Fixed lot or automatic calculation based on account risk %.
- • One Position Mode: Option to restrict to one position per symbol.
- Input Parameters
- Trading Settings
- • Allow Long / Short – Enable or disable buy/sell signals.
- • Magic Number – Unique identifier for EA positions.
- • Deviation Points – Maximum slippage allowed (points).
- Lot Sizing
- • UseAutoLot – true for risk-based position sizing, false for fixed lot.
- • FixedLot – Lot size if AutoLot = false.
- • RiskPerTrade (%) – Risk % of account balance if AutoLot = true.Donchian Channel
- • DonchianPeriod – Lookback period for high/low channel.
- • BreakoutShiftBars – Bars to check breakout confirmation (default: 1).
- ATR Filter & Stops
- • ATRPeriod – ATR calculation period.
- • ATRMultSL – Stop Loss distance in multiples of ATR.
- • ATRMultTP – Take Profit distance in multiples of ATR.
- • UseDonchianStop – If true, SL placed at opposite Donchian band.
- • MinATRPoints – Minimum ATR required (filters low-volatility markets).
- Volume Filter
- • VolumeMode – None / Above MA / Absolute Minimum.
- • VolMAPeriod – Period for Volume SMA (if using MA filter).
- • VolMAFactor – Multiplier vs SMA (e.g. 1.1 = 10% above average).
- • MinTickVolume – Minimum absolute tick volume (if using ABS_MIN).
- Trade Filters
- • MaxSpreadPoints – Maximum spread allowed (points).
- • CooldownBars – Bars to wait before allowing new trades.
- Trailing Stop
- • UseTrailing – Enable trailing stop.
- • ATRTrailMult – Trailing distance in ATR multiples.
- • TrailRearmPoints – Minimum price move before SL is updated again.
- Misc
- • OnePositionPerSymbol – If true, prevents multiple trades per symbol.
- Recommended Settings
- EURUSD M5 (Scalping)
- • DonchianPeriod = 20• ATRPeriod = 14, ATRMultSL = 2.0, ATRMultTP = 3.0
- • VolumeMode = Above MA, VolMAPeriod = 20, VolMAFactor = 1.1
- • MaxSpreadPoints = 20–25
- • CooldownBars = 3–5
- • Lot = 0.01–0.05 (or AutoLot Risk 0.5–1.0%)
- EURUSD M15 (More stable trend)
- • DonchianPeriod = 30
- • ATRMultSL = 2.2, ATRMultTP = 3.2
- • VolumeMode = Above MA, VolMAFactor = 1.15
- • MaxSpreadPoints = 25–30
- • CooldownBars = 4–6
- Usage Tips
- 1. Use higher Donchian periods (30–50) on higher timeframes for fewer but stronger
- signals.
- 2. Enable UseDonchianStop if you prefer SL at structural levels instead of ATR.
- 3. For volatile markets, increase ATRMultSL to avoid premature stop-outs.
- 4. Adjust VolMAFactor depending on the pair – 1.05 (sensitive) to 1.2 (stricter).
- 5. Always backtest and forward-test before using on a live account.
- Risk Warning: This EA is for educational and experimental purposes. Past performance
- does not guarantee future results. Always use proper risk management.