Breakout EURUSD EA v1.0 MT4 is likely a custom Expert Advisor (EA) designed for MetaTrader 4 (MT4) that automates trading based on breakout strategies for the EUR/USD currency pair. A breakout strategy typically involves entering a trade when the price breaks through a significant level of support or resistance, often signaling the beginning of a strong trend. This EA would likely be programmed to identify key breakout points and open buy or sell orders based on the movement of EUR/USD.