EA_BreakBurst

Strategy Overview (Logic Description)

This Expert Advisor (EA) is based on a Volatility Breakout Strategy using the 1-hour timeframe (H1).
It combines price breakout detection with volatility confirmation to avoid false signals and catch strong trends.

Key Features:

Breakout-based Entry: Trades are triggered when price breaks above/below recent highs or lows.
Volatility Filter: Uses the Average True Range (ATR) to confirm increased market momentum before entering.
Reversal Mode Supported: Flip trade directions with a single switch.
Loss Limiter Option: Stop trading after a certain number of losing trades in a day.
One Entry per Candle Option: Prevents overtrading during volatile moves.

Entry Logic (Buy Example)

A buy trade is triggered when:

The current candle’s high breaks above the highest high of the last N bars.
The current ATR is greater than the previous day’s ATR multiplied by a defined factor.
Additional filters such as trade direction, stop flags, and trade limits are satisfied.

(Sell signals use the same logic but in the opposite direction.)