NEXA Donchian Break: Automated MT5 breakout trading with verified risk controls

This NEXA Donchian Break review presents a full 2026 performance analysis based on documented live and demo runs, emphasizing measurable results and configuration transparency. The review highlights how the Expert Advisor blends classical Donchian Channel breakout detection with additional trend and volatility filters to reduce noise. Results in the analysis show that trade signals are admitted only when higher timeframe trend alignment and volatility thresholds are satisfied, which reduces frequency but improves signal quality. What makes NEXA Donchian Break unique is its focus on educational distribution and transparency. The author, Park Seongcheon, provides this EA for learning and research, enabling users to inspect parameter effects without a paywall. The algorithm monitors breakout levels and verifies momentum with moving average and volatility checks before placing orders. Risk controls include per-trade stop-loss, layered take-profit targets, and configurable position sizing to limit exposure across correlated instruments. NEXA Donchian Break works best in markets exhibiting sustained directional moves after consolidation, such as major FX pairs during session overlaps and commodities after economic releases. Expect lower trade frequency compared to scalpers, with trades clustered around breakout events. The analysis indicates outcomes are sensitive to lookback periods and ATR thresholds, so parameter optimization across different instruments and timeframes is recommended. Overall, the EA is an educational tool that demonstrates how breakout logic, trend filters, and stop-loss/take-profit structures interact in live MT5 testing.