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Range Breakout EA V3.6 MT4 (Works on Build 1421+) | Forex Robot | MT4 Expert Advisor

Original price was: $149.00.Current price is: $9.99.

Range Breakout EA V3.6 MT4 is an innovative Expert Advisor designed to capitalize on price breakouts from established ranges. With a minimum deposit of $100, it operates on the MT4 platform and is tailored for the H1 time frame. This EA is ideal for trading currency pairs like EURUSD, GBPUSD, USDJPY, AUDUSD, and USDCAD. It employs a precise breakout strategy, entering trades when prices breach significant levels, and avoids risky techniques like martingale or hedging. The EA’s robust risk management ensures optimal trade execution and protection, making it a dependable tool for traders seeking to maximize breakout opportunities.

40 in stock

Range Breakout EA V3.6 MT4 is an innovative Expert Advisor designed to capitalize on price breakouts from established ranges. With a minimum deposit of $100, it operates on the MT4 platform and is tailored for the H1 time frame. This EA is ideal for trading currency pairs like EURUSD, GBPUSD, USDJPY, AUDUSD, and USDCAD. It employs a precise breakout strategy, entering trades when prices breach significant levels, and avoids risky techniques like martingale or hedging. The EA’s robust risk management ensures optimal trade execution and protection, making it a dependable tool for traders seeking to maximize breakout opportunities.

Range Breakout EA V3.6 M4: A Comprehensive Guide

The Range Breakout EA V3.6 MT4 is an advanced expert advisor designed to capitalize on market range breakouts, providing traders with automated trading solutions to maximize their profits. This EA is tailored for the MetaTrader 4 platform and is a valuable tool for both novice and experienced traders. Let’s delve into the specifics, including the minimum deposit, time frame, platform, lot sizes, suitable currency pairs, and the unique strategy this EA employs.

Introduction

The “Range Breakout EA V3.6 M4” is a sophisticated trading tool that leverages market range breakouts to generate profits. It is designed to work on the MetaTrader 4 (MT4) platform, offering traders a reliable and efficient way to automate their trading strategies. This EA is suitable for a variety of trading styles and provides flexibility in terms of deposit requirements, time frames, and currency pairs.

Key Features

  • Minimum Deposit: $100
  • Time Frame: Optimal for M15 and H1
  • Platform: MetaTrader 4 (M4)
  • Lot Sizes: Adjustable to suit different trading preferences
  • Suitable Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, and more

Strategy Overview

The “Range Breakout EA V3.6 M4” employs a strategy focused on identifying and capitalizing on range breakouts. This strategy is neither martingale nor hedging but is primarily a scalper, designed to make quick, small profits from market fluctuations. The EA monitors price movements within a defined range and executes trades when the price breaks out of this range. This method ensures that trades are made during periods of high volatility, increasing the chances of profit.

How the EA Takes Trades

  • Range Identification: The EA starts by identifying a range within which the price has been moving. This range is determined based on historical price data and technical indicators.
  • Breakout Detection: Once the range is established, the EA continuously monitors price movements. When the price breaks out of the predefined range, either upwards or downwards, the EA triggers a trade.
  • Trade Execution: Upon detecting a breakout, the EA places a trade in the direction of the breakout. For example, if the price breaks above the upper boundary of the range, a buy order is executed. Conversely, if the price breaks below the lower boundary, a sell order is placed.
  • Stop Loss and Take Profit: The EA sets a stop loss and take profit level for each trade to manage risk and secure profits. These levels are adjustable based on the trader’s preferences.
  • Trailing Stop: To maximize profits, the EA employs a trailing stop mechanism. This means that as the trade moves in the desired direction, the stop loss level is adjusted to lock in profits.

Advantages of the Range Breakout Strategy

  • High Probability Trades: By focusing on breakouts, the EA ensures that trades are made during periods of significant market movement, increasing the likelihood of success.
  • Automated Trading: The EA eliminates the need for manual monitoring and execution, allowing traders to benefit from automated trading 24/7.
  • Risk Management: With built-in stop loss and take profit levels, the EA helps manage risk effectively, protecting the trader’s capital.

Optimizing the EA

To achieve the best results with the “Range Breakout EA V3.6 M4,” traders should consider the following:

  • Select the Appropriate Time Frame: While the EA is versatile, it performs optimally on the M15 and H1 time frames. These time frames offer a balance between frequency and accuracy of breakouts.
  • Choose Suitable Currency Pairs: The EA works well with major currency pairs such as EURUSD, GBPUSD, USDJPY, and AUDUSD. These pairs are known for their liquidity and volatility, which are ideal conditions for breakout trading.
  • Adjust Lot Sizes: Depending on the trader’s risk tolerance and account size, lot sizes can be adjusted. Starting with smaller lot sizes is advisable for those with lower risk tolerance.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts

  • RangeBreakout EA v3.6.ex4

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

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Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.

Additional information

Install Type

No DLL, Fix

Categories

Expert Advisors

Platform

MT4 Build 1421+

Delivery

Instant Download

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.

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