Simple Yet Effective Breakout Strategy

Experts MetaTrader 5 Free

You can freely modify/add your own filters to create your own unique version of this strategy.

The basic premise of the strategy:

  • Buy/Cover as soon as the price breaks above n bars high
  • Short/sell as soon as the price breaks below n bars low

Backtested on USDJPY 2013-2023, let’s see if you can improve the results even further!

Settings

USDJPY backtest results

I hope you find values in this script.