VR Breakdown level
This EA implements a simple breakout strategy that trades when price breaks above the previous bar's high (BUY) or below the previous bar's low (SELL). It monitors open positions on each tick and sets Stop Loss and Take Profit levels if they are missing or need updating. The strategy resets breakout levels after a trade is triggered, waiting for the next new bar to establish fresh levels.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
None of the usual blow-up patterns were found in the code, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
The strategy concept is based on trading breakouts of the previous bar's high and low, which is a classic breakout approach. Entry conditions: a BUY is triggered when the Ask price reaches or exceeds the previous bar's high, and a SELL is triggered when the Bid price reaches or falls below the previous bar's low. Exit conditions rely on fixed Stop Loss and Take Profit values in points (SL=200 points, TP=400 points), giving a risk-reward ratio of 1:2. Position sizing uses a fixed lot size (0.01 lots), corrected during initialization to conform to the symbol's volume step, but if the corrected lot falls below the minimum allowed volume it is set to 0, which could prevent the EA from trading entirely. Money management lacks dynamic position sizing or percentage-of-equity calculation, relying entirely on a user-specified static lot value. The strategy resets breakout levels after a successful trade, preventing repeated entries at the same level until a new bar forms and establishes fresh reference levels.
Strengths
- Simple and clean strategy logic, code is easy to understand and maintain
- Stop Loss to Take Profit ratio of 1:2 provides a positive risk-reward expectation
- Breakout levels reset after each trade, avoiding repeated entries at the same level
- Uses magic number to filter positions, preventing interference with other EAs or manual trades
- Includes broker compliance check (CheckSL_TP) respecting minimum stop level requirements
Weaknesses
- No check for existing positions in the same direction, potentially opening multiple positions on the same breakout and overexposing the account
- Fixed lot size with no dynamic position sizing, unable to adjust risk based on account equity or volatility
- Breakout strategy generates many false signals in ranging markets, leading to consecutive losses
- No trade count limit or maximum position limit, risk exposure is uncontrolled
- If corrected lot size falls below minimum volume it is silently set to 0 with no warning, making the EA unable to trade without user awareness
Possible improvements
- Add position count limits and same-direction position checks to prevent overexposure
- Implement dynamic position sizing (e.g., percentage of account equity or ATR-based) instead of fixed lots
- Add a range/choppy market filter (e.g., ADX or ATR threshold) to pause trading during low-volatility or sideways conditions
- When corrected lot size falls below minimum, OnInit should return INIT_FAILED and log an error message
- Add maximum drawdown protection or daily loss limits to prevent catastrophic losses in extreme market conditions
Risk assessment
Overall risk: Medium
- No position count limit, potentially opening multiple positions in the same direction leading to overexposure
- Breakout strategy generates many false signals and consecutive losses in ranging markets
- No maximum drawdown or daily loss protection mechanism
- Lot correction failure silently sets lots to 0, user may be unaware the EA cannot trade
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
iLots | 0.01 | Trading lot size |
iTimeFrame | PERIOD_CURRENT | Timeframe for analysis |
iTakeProfit | 400 | Take profit in points |
iStopLoss | 200 | Stop loss in points |
iMagicNumber | 227 | Unique EA order identifier (magic number) |
iSlippage | 30 | Maximum allowedslippage（points） |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.