Bounce-Breakout Hunter — Dual-Mode Channel Trading Bot

Bounce-Breakout Hunter is a free, built-in trading bot for the FIX API Terminal that combines two complementary trading approaches inside a single algorithm:

  • Channel Bounce (Reversion) Strategy
  • Channel Breakout (Momentum) Strategy

Instead of locking traders into one market behavior, Bounce-Breakout Hunter allows you to select how the bot trades the same market structure — or let it adapt to both.

🔄 Two Strategies. One Market Structure.

The bot builds a dynamic price channel based on recent market highs and lows, then applies two different execution logics depending on the selected mode.

📉 Bounce Mode — Trade Market Reversion

In Bounce mode, the bot trades price reactions inside the channel:

  • SELL when the price reaches the upper channel boundary and rejects
  • BUY when the price reaches the lower channel boundary and rejects

This mode is designed for:

  • range-bound markets,
  • controlled intraday trading,
  • mean-reversion behavior.

⚡ Breakout Mode — Trade Momentum Expansion

In Breakout mode, the bot trades price escapes from the channel:

  • BUY when the price breaks above the upper boundary
  • SELL when the price breaks below the lower boundary

This mode is ideal for:

  • high-volatility sessions,
  • impulsive moves,
  • directional continuation.

🔀 Combined Mode — Adaptive Trading

You can also enable both strategies, allowing the bot to:

  • trade reversals when the market is balanced,
  • trade breakouts when volatility expands.

This creates a flexible model that adapts to changing market conditions without requiring changes to instruments or infrastructure.

📐 Smart Channel Construction

The channel is:

  • calculated from the recent High / Low structure,
  • filtered using a configurable Delta buffer,
  • fixed for the trading session,
  • visually displayed on the chart.

This ensures all decisions are rule-based, transparent, and consistent.

⏱ Session-Controlled Execution

Bounce-Breakout Hunter trades only within:

  • predefined trading hours,
  • configurable daily sessions,
  • automatic end-of-session position closure.

This keeps exposure controlled and avoids off-market risks.

🛡 Professional Risk Management

The bot includes:

  • predefined Stop Loss and Take Profit logic,
  • optional trailing stop activated after profit,
  • strict trade frequency control,
  • no martingale, no grid, no averaging.

Every trade is FIX-managed and independent.

⚙ Native FIX API Execution

Bounce-Breakout Hunter is:

  • fully integrated into the FIX API Terminal,
  • executed directly via FIX connections,
  • free from retail platform limitations.

No scripts. No bridges. No retail platform dependency.

👤 Who Is This Bot For?

Bounce-Breakout Hunter is ideal for:

  • traders who want flexibility without complexity,
  • users comparing range vs breakout behavior,
  • FIX API newcomers exploring structured automation,
  • professionals testing strategy adaptability.

It allows you to choose the logic, not the market.

🎁 Available for Free Inside FIX API Terminal

Bounce-Breakout Hunter is included as a free built-in bot to demonstrate:

  • adaptive channel trading,
  • professional execution logic,
  • FIX-level strategy control.

No additional purchase required.

Bounce-Breakout Hunter — one channel, two strategies, full control

Trade the market behavior you choose — or let the algorithm handle both.

Parameters (inputs) and what they mean

Entry mode

  • EntryMethod (Rebound / Breakout / Both)
    Selects whether EA trades breakouts, rebounds, or both signal types.

Session times

  • Time_Open_1 (string, e.g. "4:45")
    Normal day session start time.
  • Time_Close_1 (string, e.g. "22:15")
    Normal day session end time.
  • Time_Open_Sunday (string, e.g. "21:45")
    Sunday session start time (typically market open).
  • Time_Close_Friday (string, e.g. "22:20")
    Friday session end time (before weekend).

Channel construction

  • Channel_Bars (int)
    Number of bars used to compute Highest High / Lowest Low after session start.
  • Delta (double)
    Channel level shift in pips (internally multiplied by PIP).
    Affects both HighLevel and LowLevel (see formula above).

Visual settings (chart lines)

  • Hi_Color, Lo_Color
    Colors of channel lines.
  • Hi_Style_History / Hi_Style_Future
    Line styles for high line (past vs future).
  • Lo_Style_History / Lo_Style_Future
    Line styles for low line (past vs future).

Trading settings

  • Lots (double)
    Fixed lot size (EA doesn’t do risk-based sizing here).
  • SL_perc (double)
    Stop Loss size as % of price (based on Close[1]).
  • TP_perc (double)
    Take Profit size as % of price (based on Close[1]).
  • MagicNumber (int)
    EA identifier for filtering its orders.
  • SlipPage (int)
    Slippage (internally adjusted for 5-digit / 3-digit symbols).
  • EA_Comment (string)
    Order comment (trimmed to 25 chars if longer).

Trailing stop settings (percent-based)

  • Profit_start_prc (double)
    Profit threshold (% of price) to start trailing.
    0 = trailing disabled.
  • TrailingStop_prc (double)
    Trailing distance (% of price).
    If set <= 0, EA forces it equal to Profit_start_prc.
  • step_prc (double)
    Minimum trailing step (% of price) before SL is modified again.

4) Practical notes (how it behaves)

  • This EA is session-based: it forms a channel from the session start and forcibly closes at session end.
  • SL/TP and trailing are percentage-of-price, so they automatically scale when you trade different price levels (useful for XAUUSD vs FX, but you must choose realistic percentages).
  • The ClearCand() filter effectively prevents repeating trades inside the same D1 day for the same direction (and blocks re-entry if there was an EA position opened today).