Ultimatum Breakout EA MT4 V5.58 with Setfiles

Ultimatum Breakout EA MT4 Introduction

Ultimatum Breakout EA MT4 v5.58 combines precise breakout detection with multiple custom indicator filters and ultra-tight stop losses for automated EURUSD/USDJPY trading. Live tracking demonstrates 2.44 profit factor with 553.1 total pips across 688 trades. Developed by 10-year MQL5 veteran Ruslan Pishun, this EA avoids dangerous Martingale methods while targeting consistent breakout opportunities.

About the Ultimatum Breakout EA MT4’s Author

Ruslan Pishun developed this EA leveraging over 10 years of MQL5 programming experience, specializing in automated trading systems that prioritize risk management alongside profitability. His development approach emphasizes transparent performance verification through live MyFxBook signals, providing traders with actual results rather than theoretical projections. The author’s expertise shows in the EA’s comprehensive parameter set and multi-layered protection features.

Key Findings

• Intelligent Breakout Detection: Uses multiple custom indicators to filter valid breakouts from false signals, targeting key price level violations with improved entry timing accuracy

• H1 Timeframe Specialization: Operates exclusively on 1-hour charts for EURUSD and USDJPY, utilizing these timeframes’ optimal balance of signal clarity and execution opportunity

• Multi-Layer Risk Management: Combines 10-pip stop loss, optional 1-pip smart stop, breakeven protection, trailing stops, and adaptive spread filtering for comprehensive trade protection

• Automated Discipline: Removes emotional trading decisions through 24/5 operation with optional time filtering, including Friday trading disable for weekend gap avoidance

• Verified Live Results: MyFxBook tracking shows 51,124% gain over monitoring period, 2.44 profit factor, 53% long win rate – but reveals 18.50% drawdown highlighting strategy volatility risks

• Critical Parameter Warning: Default 10% risk setting creates extreme account exposure contradicting “low risk” claims, requiring immediate reduction to 1-2% for sustainable operation

Ultimatum Breakout EA MT4 Recommended Setup

• Trading Platform: MetaTrader 4 (MT4) required – EA specifically compiled for MT4 architecture with no MT5 compatibility

• Currency Pairs: EURUSD and USDJPY exclusively – chosen for liquidity characteristics ideal for breakout strategy execution

• Broker Requirements: ECN accounts recommended with low-latency providers (Exness, HTFX mentioned) for optimal execution speed and minimal slippage

• Timeframe: H1 (1-hour) charts mandatory – strategy calibrated specifically for this timeframe’s breakout pattern development

• Trading Hours: Continuous 24/5 operation with optional session filtering and Friday trading disable for risk management during volatile periods

• Leverage: 1:500 maximum demonstrated – higher leverage amplifies both profits and losses, requiring careful risk percentage adjustment accordingly

• Capital Requirements: $100 minimum shown in results, though $500-1000 advisable for proper risk management when reducing default risk from dangerous 10% to conservative 1-2%

Quick-Start Parameter Guide

Essential Risk Controls:
• PercentageRisk (10.0): CRITICAL ADJUSTMENT – Reduce immediately to 1-2% as default 10% creates unsustainable account risk exposure
• StopLoss (10) + SmartStopLoss (1): Dual stop loss system with 10-pip standard and 1-pip smart option for maximum protection
• MaxSpread (20): Execution quality filter preventing trades during unfavorable spread conditions

Strategy Execution:
• OrderType: Buy and Sell enabled for bidirectional breakout coverage across market conditions
• AdaptiveSpreadfortrade (true): Dynamic parameter adjustment based on real-time spread conditions
• Take_Profit (1000): Extended profit target allowing breakout momentum to fully develop

Trade Management:
• UseBreakEven (true): Protection activation at 20 pips profit with 10-pip jump to secure gains
• Trailing system: 30-pip stop with 15-pip step progression for capturing extended breakout moves
• Time filtering: Optional daily session control and Friday disable for avoiding problematic trading periods

Technical Settings:
• Magic (4242): Trade identification number for multi-EA operation compatibility
• Slippage (10): Acceptable execution deviation tolerance for order processing

Review of Ultimatum Breakout EA MT4

Ultimatum Breakout EA delivers professional breakout automation with MyFxBook-verified performance, yet requires immediate risk configuration changes from potentially dangerous defaults. Solves emotional trading challenges while introducing critical parameter management responsibilities for user safety.

Key Performance Data:
• Live MyFxBook signal: 51,124% gain, 688 trades executed, 2.44 profit factor – accompanied by 18.50% maximum drawdown showing significant equity swings

• 2014-2016 backtest: 214,313% profit with 3.50 profit factor across 2,811 trades – but 13.76% relative drawdown indicates strategy’s inherent volatility

• Alternative backtest: 36,493% gain with 1.99 profit factor and 9.50% drawdown – demonstrating more conservative risk-adjusted performance potential

Is Ultimatum Breakout EA MT4 the Right Choice For You?

• Professional Signal Filtering: Utilizes multiple custom indicators beyond basic breakout detection for enhanced signal quality, though proprietary indicator details remain undisclosed requiring confidence in developer methodology

• Live Performance Verification: Offers MyFxBook tracking transparency instead of backtest-only marketing, but 18.50% drawdown reveals substantial account equity fluctuation during standard operation periods

• Comprehensive Protection Suite: Includes breakeven, trailing stops, and smart stop features for advanced trade management, while requiring critical adjustment of dangerous 10% default risk to prevent catastrophic losses

• Focused Market Approach: Specializes in EURUSD/USDJPY H1 breakouts rather than attempting universal application, providing strategy-specific optimization but limiting currency diversification opportunities

• Veteran Developer Expertise: Benefits from Ruslan Pishun’s decade of MQL5 experience with emphasis on automated risk control, though demands active user parameter configuration rather than safe plug-and-play operation

Final Verdict

Ultimatum Breakout EA provides legitimate automated breakout trading with transparent live results, but requires critical risk management adjustment and breakout strategy understanding. Best for experienced traders comfortable with parameter optimization; beginners should prioritize educational resources and conservative strategies first.

Ultimatum Breakout EA MT4 Download Contents:

• Link download experts:
  • Ultimatum Breakout EA MT4 .ex4
• Presets:
  • Ultimatum_Breakout.set