This EA trades when the trend line, or high (low) price is broken. Trend lines and extremes are found by the specified parameters. In addition to trading, it also displays these lines on the chart. A trade occurs when the price goes outside the line and the candlestick closes. Also, the advisor may not trade if the market has low volatility, or other filters do not allow it to do so in order to cut off non-profit trades. It can set a stop loss in a parabolic pattern, or use a simple trailing stop.
The EA is easy to use and can be optimized for various currency pairs and timeframes.