The EA "Lot-Pumping EA [Trendline Breakout]" is a Scalping strategy that uses the ZigZag indicator to identify Highs/Lows and automatically creates Breakout signal lines. The EA opens a trade when the price breaks these signal lines, and it manages orders using a Grid System and a Trailing Stop to protect profits and capture larger moves.
The 1-month backtest results show a profit of 36% with a low Drawdown of only 10.11%, which indicates its efficiency in generating profit and controlling risk in the Gold market. This EA is suitable for studying the Breakout concept and can be further developed.