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Box Trade Master

Overview

Box Trade Master is a powerful Expert Advisor (EA) designed to automate breakout trading strategies in the Forex market. This EA allows traders to maximise profits by effectively managing trades based on breakout patterns, freeing you from constant monitoring of the charts.


Advantages

  • Automated Breakout Trading: Automates the process of identifying and trading breakouts, reducing the need for manual chart monitoring.
  • Customisable Settings: Easily adjust risk levels, trade directions, and other parameters to suit your trading style.
  • Versatile Trade Direction: Supports both buy and sell trades, as well as trading in both directions simultaneously.

Features

  • Breakout Identification: Detects and trades breakouts from consolidation patterns efficiently.
  • Chart Annotations: Provides visual indicators on charts to track key levels and trade duration.


Inputs

  • RiskAmtUsd: Risk Amount in Deposit Currency - Define the amount of risk per trade in your deposit currency.
  • BreakoutBoxHeightBufferPct: Breakout Buffer Percentage - Set a buffer percentage to refine breakout level calculations. For example, if the value is set to 10, it means that the breakout levels will be adjusted 10% (of the rectangle's height) away from the top and bottom levels of the rectangle.
  • RiskReward: Risk Reward Ratio - Specify your preferred risk-to-reward ratio for trades.
  • DesiredTradeDirection: Desired Trade Direction - Choose the direction of trades (buy, sell, or both).
  • SlippageInPts: Slippage in Points - Determine the allowable slippage in points for trade execution.


How to use?

  • Set Up the Chart: After downloading the EA, open the chart of the currency pair you want to trade. Ensure that the chart is set to your preferred timeframe for breakout trading.

  • Draw the Box: Identify a box consolidation pattern on the chart. Use the rectangle drawing tool to mark the consolidation range.

  • Configure Stop Loss: Draw the stop loss level on the chart based on your risk management strategy using DrawStopLossOnChartScript (free to download). If no stop loss level is drawn, either the top or bottom level of the rectangle drawn will be used as the stop loss level for support breakout and resistance breakout respectively.

  • Load the EA: Attach Box Trade Master V1 to the chart. Configure the EA’s inputs, such as risk amount, breakout buffer percentage, and desired trade direction.

  • Activate the EA: Ensure that auto-trading is enabled on your MetaTrader 4 platform. The EA will now monitor price movements and execute trades when breakout conditions are met.

  • Monitor and Adjust: While the EA handles trade execution, you can monitor its performance and adjust parameters as needed to optimise your strategy.


















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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Risk Manager for MT4
Sergey Batudayev
4.56 (9)
Expert Advisor Risk Manager für MT4 ist ein sehr wichtiges und meiner Meinung nach notwendiges Programm für jeden Trader. Mit diesem Expert Advisor können Sie das Risiko in Ihrem Handelskonto kontrollieren. Die Risiko- und Gewinnsteuerung kann sowohl monetär als auch prozentual erfolgen. Damit der Expert Advisor funktioniert, hängen Sie ihn einfach an das Währungspaardiagramm an und legen Sie die akzeptablen Risikowerte in der Einzahlungswährung oder in % des aktuellen Guthabens fest. PROMO
Bar Replay MT4
Hoang The Manh
3.67 (6)
Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
Order Manager is a trade assistant with money manager that helps traders open, modify and close manual trades in a simple way to help them focus more on their market analysis and open orders with just a few clicks. Download Demo here  (It only works on demo accounts) Full guide   here MT5 version here Order Manager features: Works on all instruments such as currency pairs, indexes, CFDs, metals, crypto currencies, etc. Proper money management with a built-in lot calculator that includes fiv
G Labs Trade Manager
Garry James Goodchild
Trade manager  Auto calculates % risk per trade  Manual lot size input  $ Risk amount  Displays profit to loss ratio  Shows value of stop loss and take profit in pips and dollars  Shows Balance equity and open profit and loss  On screen trade entry lines with entry stop loss and take profit . All with lots size , pip value dollar value and  price level of line  The value of these lines is also displayed in the panel  Buttons on panel for  Close Winners, Close all, Execute .  Trade panel has func
Der MT4 to Discord Signal Provider ist ein benutzerfreundliches, vollständig anpassbares Werkzeug, das speziell dafür entwickelt wurde, Handelssignale direkt an Discord zu senden. Dieses Tool verwandelt Ihr Handelskonto in einen effizienten Signalanbieter. Passen Sie die Nachrichtenformate Ihrem Stil an! Wählen Sie für eine einfache Verwendung aus vorgefertigten Vorlagen und entscheiden Sie, welche Nachrichtenelemente einbezogen oder ausgeschlossen werden sollen. [ Demo ] [ Handbuch ] [ MT5-Vers
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