Print
Pinterest
Gmail
Email App
Log in or register to download unlimited Forex robots!
Breakout_TR_0.9e Forex EA - Proven Results on LQDFX and FXOpen!
Experience superior trading with Breakout_TR_0.9e, an expert advisor (EA) and forex robot designed for optimal performance. Our forex EA delivers consistent results, ensuring a seamless trading experience. Tested successfully on renowned brokers LQDFX and FXOpen, Breakout_TR_0.9e is your key to automated trading success. Unlock the potential of the forex market with this powerful forex EA - your gateway to efficient and profitable trading.
Breakout_TR_0.9e.mq4 14.72 kb, 43 downloads since 2015-04-23
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Maximize Gains: Breakout_TR_0.9e Forex EA with settings!
Breakout_TR_0.9e Forex EA utilizes a breakout strategy based on the trading range defined during a specific timeframe. It identifies entry points based on the high and low of a predetermined lookback period, adding a specified number of pips to these levels to determine buy and sell stop orders. This strategy aims to capitalize on significant market movements following periods of consolidation.
Functionality:
This EA calculates buy and sell entry points based on the highest high and lowest low of a given lookback period, adjusted by a set number of pips. It places corresponding stop orders and manages them with various trailing stop options. Trades are executed during specified hours, and the EA can adjust for DST when backtesting.
Setup Guide:
Download the mq4 file for theBreakout_TR_0.9e Forex EA.
Copy the file into the 'Experts' directory of your MT4 platform.
Restart MT4 to activate the EA.
Apply the EA to the desired currency pair chart.
Adjust the settings as per your trading requirements.
Adjustable Parameters:
Lots: Size of each trade.
blOneTradeOnly: Flag to allow only one trade at a time.
AdjustDSTwhenBacktesting: Adjusts for Daylight Saving Time during backtesting.
Skip1stFriOfMonthIfBacktesting: Skips first Friday of the month in backtesting.
Various trailing stop options: Different methods to trail the stop loss.
TradeOpenTime, LookBackHrs, EOD: Define trading hours and lookback period.
PipsAddedToRange: Additional pips added to the breakout range.
StopLossMax, BreakEven, TakeProfit: Sets the stop loss, break-even, and take profit levels.
RangeMax, blIfRangeMaxStillOpenFarTrade: Conditions for trade execution based on range size.
Optimal Settings:
Currency Pair: EUR/USD or GBP/USD
Time Frame: 1 Hour (H1)
Minimum Budget: $500
Recommended settings:Lots: 0.1
TradeOpenTime: 10 (local time)
LookBackHrs: 2
EOD: 21
PipsAddedToRange: 10
StopLossMax: 50 pips
BreakEven: 20 pips
TakeProfit: 80 pips
RangeMax: 70 pips
Trailing stop options as per individual risk preference.
Winning Strategy Settings:
Set Lots according to risk management principles.
Define trading hours that align with market volatility (e.g., TradeOpenTime at 10 AM).
Use a LookBackHrs of 2 to capture the recent market range effectively.
Implement PipsAddedToRange of 10 for optimal entry points.
Adjust StopLossMax, BreakEven, and TakeProfit to balance risk and reward.
Set RangeMax to filter out trades in highly volatile conditions.
Utilize trailing stops to secure profits while allowing room for market movement.
Breakout_TR_0.9e.mq4 14.72 kb, 12 downloads since 2023-11-12
AI Forex robot (Trade Executor EA)
NEW AI Forex robot (MT4talk Trade Executor EA)
Try it 100% FREE – Download it 100% FREE at https://mt4talk.org/download_latest.php
Guaranteed Profit Every Week!
- In the EA settings, enter your MT4talk registered email address and your MT4talk forum password.
- If you yneed help, visit the MT4talk Help Center: https://mt4talk.info to chat with the chat assistant in any language!
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum, as well as the forum administrators.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The uploaded files do not come with support or any guarantee.
The website does not sell Forex robots and does not provide support for any downloaded Forex robots. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. If you choose to download a Forex robot from the forum, you do so at your own risk.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "Trade Executor EA," which can be downloaded by PRO members, just like any other Forex robot on the forum. This Forex robot is only a bonus and is not included in the original PRO membership.
MT4talk is an informational website and does not guarantee the performance, profitability, or reliability of any Forex robot available for download. Updates for Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, Plexytrade, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.