The Project Evolution Breakout Scalper EA is an expert advisor for Metatrader 4 designed to scalp short-term momentum using advanced filtering and optimization algorithms. In this comprehensive guide, we will explore this innovative Forex trading robot in detail and provide actionable insights on maximizing its profit potential.

Introducing the Project Evolution Breakout Scalper

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The Project Evolution Breakout Scalper EA specializes in scalping breakouts on the 1-hour timeframe for the EUR/USD, GBP/USD and USD/JPY. It leverages proprietary algorithms to identify periods of increased volatility and quickly enter and exit trades for small, consistent profits.

Some of the key features include:

  • Sophisticated Filters – Multiple filters reduce whipsaws and confirm optimal entry points. This minimizes bad trades and false breakouts.
  • Advanced Money Management – Smart risk management ensures proper position sizing and maximizes account growth.
  • Easy Set Up – Default settings are fully optimized for scalping the 1-hour chart. Just attach to chart and let it trade.
  • Detailed Backtest Results – Extensive 7+ years of backtesting proves the accuracy and profitability of this EA.
project evolution break out scalper mt4 ea settings

Impressive Backtested Performance

Here are the key statistics from multi-year backtests with the Project Evolution Breakout Scalper EA:

  • Total Return – 492.33%
  • Win Rate – 57.2%
  • Max Drawdown – 13.1%
  • Trading Activity – High, Aims for 2-5 trades daily
  • Timeframe – 1-hour (M1)

These stellar backtest results demonstrate this EA’s potential for executing precision breakout scalps and accumulating consistent profits over time. The solid average win rate combined with active trading activity produces the triple digit returns.

Of course, live results may vary from backtest outcomes, but the EA’s algorithms are optimized for 1-hour breakout scalping on major Forex pairs. Use proper risk management when live trading.

Real-World Usage and Functionality

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The Project Evolution Breakout Scalper EA aims to remove the complexities of actively scalping the markets yourself. Here are some tips for running it smoothly:

  • Deploy it on the 1-hour chart of the EUR/USD, GBP/USD or USD/JPY for best results.
  • Use default settings initially, but lower risk for small accounts. Can optimize later.
  • Use a TRUE ECN forex broker with fast execution and tight spreads.
  • Monitor performance regularly before letting it fully automate your scalping.
  • Use trading times filter to run only during optimal volatility periods.

The EA is designed for hands-free automated breakout scalping, but gives you the option to filter settings and risk to match your style and account size.

Accessing and Installing the Project Evolution EA

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You can download the Project Evolution Breakout Scalper EA from the link below. It comes as an ex4 file to import into your Metatrader 4 platform.

Download the Project Evolution Breakout Scalper EA<<

Follow these instructions to install the EA on MT4:

  1. Open the MetaTrader 4 platform. Click ‘File’ -> Open Data Folder
  2. Locate and open the ‘MQL4’ folder
  3. Open the ‘Experts’ folder inside MQL4
  4. Copy the downloaded ‘ProjectEvolutionScalperEA.ex4’ file into Experts
  5. Restart MetaTrader 4 and navigate to the ‘Expert Advisors’ tab
  6. Find ProjectEvolutionScalperEA and attach it to your chart
  7. Adjust inputs and let the automated breakout scalping begin!

The Bottom Line

The Project Evolution Breakout Scalper provides a proven solution for scalping short-term momentum on the major Forex pairs. Its proprietary algorithms seek out high probability breakout entries while advanced filters reduce false signals. For traders interested in hands-off automated scalping, this EA has demonstrated remarkable consistency in backtesting. Follow proper risk management rules, and the Project Evolution EA has the potential to multiply accounts through high-frequency breakout scalping.

Project Evolution Breakout Scalper EA Free Download
project evolution ea

The Project Evolution Breakout Scalper EA is an expert advisor for Metatrader 4 designed to scalp short-term momentum using advanced

Application Category: MT4 Software

Editor's Rating:
4.69
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