Simple Forex Tools

customer results

MT5 version here 👆

Trade like a pro with a fully automated breakout system inspired by the legendary Oliver Kell! The Oliver Kell EA is a sophisticated trading robot designed to capture high-probability breakouts using a proven Base 'n Break methodology. It combines multiple confluences to ensure only the highest-quality setups are executed. 🔍 Strategy Logic Explained The EA follows a precise, rule-based approach to identify and execute breakout trades: ✅ 1. Base Formation Scans the last 10 bars to identify the Base High and Base Low Requires the base width to be ≤ 2.0 ATR – ensuring a tight consolidation before the breakout ✅ 2. Trend Confirmation Uses Fast EMA (10) and Slow EMA (20) to confirm the trend Entry is only allowed when price is above both EMAs on the breakout bar ✅ 3. Breakout Trigger Enters a Buy trade when the current close breaks above the Base High Requires the previous bar to have closed below the Base High – eliminating false breakouts ✅ 4. Volume Filter Compares the last bar’s volume to the 20-period volume average Only trades with above-average volume – ensuring real institutional interest ✅ 5. Dynamic Risk Management Calculates position size based on: Account balance Risk per trade (default 1%) Actual stop loss distance Ensures consistent risk regardless of market volatility ✅ 6. Trailing Stop & Exit Rules 50-pip trailing stop to lock in profits as the trade moves EMA exit rule – closes trades when price falls below both EMAs 💎 Key Features: ✅ Multi-Confluence Strategy Combines price action, trend, volatility, and volume – no guesswork ✅ Dynamic Position Sizing Automatically adjusts lot size to maintain fixed % risk per trade ✅ Dashboard Display Real-time monitoring of EMAs, volume, base levels, and trade status ✅ Trailing Stop Protection Secures profits while letting winners run ✅ Customizable Parameters Easily adjust risk, EMAs, base lookback, ATR filters, and trailing stop 📈 How to Use It ➡️ Attach to any currency pair – works best on trending instruments (EURUSD, GBPUSD, etc.) ➡️ Use H1 or H4 timeframe – the base formation logic is optimized for these timeframes ➡️ Set your risk per trade – start with 0.5–1% for conservative trading ➡️ Monitor the dashboard – all key metrics are displayed directly on the chart ➡️ Let it run – the EA handles entries, exits, and risk management automatically 🎊 🎉HAPPY TRADING !!!!🎉🎊 ➡️ Simple Forex EAs ✔️ ☁️ The our chat: https://t.me/gb_eas 🫂 ✅ Admin: @simpleforextooladmin 🥷⭐ ℹ️ The best VPS service ℹ️ 🚨 Scammer alert!! 🚨 ⬅️ READ IT!!! DON'T BE STUPID!!

Mt4 Indicator It gives You Proper stop loss and Take Profit. It may give You Multiple Signals at the same price But take only one entry at a time. Its a Good system though But You need to Combine it with another system for Better Performance or Use any other Indicator as a Confirmation.