Breakout Scalping EA is a free automated MT4 scalping robot that employs a breakout strategy, focusing on small, quick profits. It trades based on breakout patterns from relative highs and lows, identifying these levels and placing trades at the breakouts above or below them. Profits are secured with a robust trailing stop, and stop orders are used to ensure fast trade execution.
Since this EA relies on small, frequent gains, it’s important to use a low-spread, low-commission broker to minimize trading costs, which are critical for maximizing profitability.
This EA does not use risky methods like martingale or grid trading and executes only 1-3 trades daily. It may go several days without taking trades and will never open more than one trade at a time. Each transaction is safeguarded by a small stop loss and take profit. 
Breakout Scalping EA can operate with a fixed lot size or use an auto-lot function that adjusts transaction sizes based on specific criteria. Its low maximum drawdown makes it suitable for smaller accounts.
Recommendations for Breakout Scalping EA
Minimum Account Balance: $100
Optimal Pairs: EURUSD and USDJPY (works on any pair)
Best Timeframes: Performs well across all timeframes
Sensitivity: Ensure low slippage, spread, and fast execution for best performance
VPS Recommended: For stable results, it’s advisable to run Breakout Scalping EA on a reliable VPS with low latency (Recommended VPS: FXVM)
Broker Requirements: A low-spread, low-commission account is recommended for this EA (Find the Perfect Broker Here)
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
