
Description
Introduction
City Live Swing Break Out EA V1.0 MT5 is an automated forex trading system developed for the MetaTrader 5 platform that focuses on breakout and swing trading opportunities. The EA is designed to identify strong market breakouts, trend continuation setups, and momentum-driven price movement to capture medium-term trading opportunities automatically. By combining breakout analysis, trend filtering, and automated risk management, the system aims to reduce manual effort and emotional trading decisions.
Key Features
- Breakout-based trading strategy
- Swing trading optimization
- Fully automated trade execution
- Trend confirmation and filtering
- Momentum-based market analysis
- Real-time market monitoring
- Stop-loss and take-profit automation
- Dynamic risk management settings
- Multi-timeframe analysis
- Spread filtering technology
- MT5 platform compatibility
- VPS support for stable 24/7 operation
- Adjustable trading settings
Recommended Settings
The ideal settings depend on broker quality, account size, and trading preference. Conservative risk settings are recommended for stable long-term performance.
Suggested Setup
- Timeframe: H1, H4, or D1
- Trading Style: Swing / Breakout Trading
- Currency Pairs: Major and volatile forex pairs
- Risk Level: 1%–2% per trade
- Minimum Deposit: $500 or higher
- Broker Type: ECN or low-spread broker
- VPS Recommended: Yes
- Leverage: 1:100 or higher
- Algo Trading Enabled: Yes
Beginners should test the EA on a demo account before switching to live trading.
Backtest Result
Backtesting evaluates the EA using historical market data to understand potential performance. Actual live performance may vary depending on broker execution, spread conditions, and market behavior.
Common Backtest Observations
- Better performance during trending market conditions
- Stronger results during breakout phases
- Stable performance with conservative risk management
- Lower trade frequency compared to scalping systems
- Controlled drawdown under proper money management
Past performance does not guarantee future results.
Advantages
- Optimized for breakout and swing trading
- Fully automated trading system
- Reduces emotional trading decisions
- Captures medium-term market movement
- Continuous market monitoring
- Trend and momentum confirmation
- Advanced risk management tools
- Multi-timeframe analysis support
- MT5 compatibility
- VPS support for stable operation
- Flexible customizable settings
Disadvantages
- False breakouts can occur
- Performance may slow during sideways markets
- Lower trade frequency than scalping systems
- Requires reliable broker execution
- VPS hosting recommended for best performance
- Not ideal for complete beginners
- Drawdowns are still possible during volatile conditions
- Requires disciplined risk management
Installation & Setup Guide
Step 1: Download the EA
Download the .ex5 EA file and setup package.
Step 2: Install MetaTrader 5
Install MT5 and log into your trading account.
Step 3: Open Data Folder
In MT5:
- Click File
- Select Open Data Folder
- Open MQL5 > Experts
Step 4: Copy EA File
Paste the EA file into the Experts folder.
Step 5: Restart MT5
Close and reopen the MetaTrader 5 platform.
Step 6: Enable Algo Trading
Go to:
- Tools
- Options
- Expert Advisors
Enable:
- Allow algorithmic trading
- Allow DLL imports if required
Step 7: Attach EA to Chart
- Open preferred currency pair chart
- Select recommended timeframe
- Drag the EA onto the chart
Step 8: Configure Settings
Adjust:
- Lot size
- Risk percentage
- Stop loss
- Take profit
- Maximum trades
Step 9: Activate the EA
Enable the Algo Trading button to start automated trading.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
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