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EURJPY Breakout EA

This Breakout EA is a fully automatic Breakout Robot for the EURJPY pair that has been tuned specifically to trade on that pair. This EA’s foundation is a breakout approach designed specifically for the EURJPY currency pair. When the price swings outside of a predetermined range, falling above or below support levels, a breakout strategy profits. By focusing on the EURJPY pair, this EA takes advantage of the distinctive volatility and price dynamics of this currency pair.

This EA’s distinct emphasis on risk management is one of its most notable characteristics. This EA uses none of the high-risk techniques used by numerous algorithms, such as grid or martingale tactics. There are no high-frequency trading tricks, no doubling of lot sizes, and no averaging down.

The trades carried out by this EA each have a pre-set stop loss. This is important since there is a cap on possible losses if the market goes against a trade. It gives traders the assurance that they are aware of their greatest loss potential even in the worst-case situation.

The creators go on to stress that customers should anticipate that the EA won’t trade continuously. The algorithm is cautious and looks for opportunities rather than taking chances. This strategy ensures that the EA won’t trade impulsively or overexpose an account. It is designed for the long haul, and results should be seen over the course of a few months, not immediately.

Recommendations

  • $50 is the minimum balance required.
  • EA is specifically designed to operate on EURJPY. (Apply to any pair of currencies)
  • On M5, it performs best. (Assemble any TimeFrame)
  • This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM). 
  • low spread ECN account is also advised (Find the Perfect Broker For You Here)

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

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