FRZ Breakout Scalper MT4 is an expert adviser (EA) that trades quick price breakouts. The logic behind it is simple. It looks at the speed of the price movement to make entries. For instance, if the price goes up by 10 pips in 5 seconds, then EA recognizes it as a bullish breakout and would place a buy trade. You can customize the exact recognition criteria for breakouts under settings.
We recommend a ECN/raw spread broker with a VPS with a latency ideally less than 100ms to your brokers server.
EA Specs
Product name | FRZ Breakout Scalper |
Platform supported | MT4 |
Time frames supported | One-minute chart |
Supported pairs | EA works with any forex pair. Major pairs can be recommended with default settings. |
Minimum deposit required | Minimum $200 (on 500:1 leverage) |
Lot sizing | 0.01 lot for each $200 in the account per pair (Aggressive mode) 0.01 lot for each $500 in the account pair (Normal Mode)Above are considering 500:1 leverage. |
Recommended broker | Any broker with low spread (ECN/Raw spread account is necessary). We can recommend ICMarkets. You an use our IB code: 23649 to receive a 30% lifetime discount from ICMarkets on spreads/commissions. |
Current version | 4.0 |
Video Introduction
Settings
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
Dumona Jai –
Works well so fat. took 4 trades in a week with $273 profit.
Freddie Gorecki –
Worked really good. It captures any spike in charts be it news or anything. Makes some good profit with it. Thanks for support.
John Benton –
Great! it takes all sudden spikes. Make sure you have an ECN broker with fast execution
David Garner –
It made some losses initially but recovered soon enough. Well done! Thanks for the support
Myke Doner –
Simple logic but effective
Christopher D –
Thanks. One week – made $300!
Evgeny Firsov –
Hi, it looks great so far. I’ve noticed that you usually let set fixed lot per trade. Would be very helpful to make it a %’ge of current balance, so it will compound automatically. So instead of lot size you enter %’ge. Just a suggestion. Thanks.
ForexRobotz –
Thank you. We may add this option in the next update
wawan nento –
ok
Abugan jr Jayar –
Can i use these i to live account
ForexRobotz –
yes
shahrul –
nice
Lenox Green –
I have been using the FRZ Breakout Scalper for a few weeks now. This is an excellent EA and gives good profits. I recommend reducing the Max Concurrent Trades Per Pair down to 6 in order to reduce risk. EA works well on major pairs with fast VPS and Raw account, the recommended IC Markets account works very well with this EA.
Ron Sa –
Very nice product.