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Broken Level

The Broken Level automated Expert Advisor uses strong levels, that stand against the main trend, and opens orders along the trend when those levels are broken. Broken Level enters the market by its own unique algorithm using pending stop orders with predefined stop loss and take profit. This minimizes the slippages when opening trades, and stop loss prevents the unforeseen losses.

The order placement point, take profit and stop loss values are calculated by the price change analysis algorithm, without the use of lagging indicators. The average frequency of market entries is once a week.


Advantages of the Broken Level EA

  • Does not use lagging indicators and enters the market only based on the price action.
  • Uses dynamic stop loss, tied to price levels.
  • The tests show a small drawdown, therefore it is suitable for use as part of a portfolio of multiple robots with different operation algorithms.
  • Do not use martingale, grid and other high-risk trading strategies.
  • When optimized, it can also work on other volatile pairs, which indicates the efficiency of the algorithm.
  • The EA is not sensitive to spread and slippage. It can work in all market conditions, with any broker and on any accounts with a minimum size of the deposit, even with $50; at least $100 is recommended. The leverage recommended for small deposits is 1:500.
  • Optimized algorithm of the robot does not load the CPU.
  • Fully automated and has a minimal number of settings.
  • Automatically analyzes the price movement and determines the parameters for entering the market.
  • The optimal EA settings have been preset for trading EURUSD H1.


Trading conditions

  • As for any experts, it is recommended to use it on VPS to prevent unexpected terminal shutdowns and disconnections.
  • The EA must be attached to EURUSD H1 for maximum efficiency.
  • 5-digit quotes, minimum lot - 0.01.
  • Leverage - 1:50 or higher. For small deposits (below $200), choose a broker with the maximum leverage available - 1:300 or higher.
  • Spread less than 30 pips. The smaller the spread, the more effective the EA operation.


Settings of the EA

Strategy settings for opening buy orders

  • BuyON - enable the strategy of opening only buy orders.
  • Profit coefficient Buy - profit coefficient for buy trades.
  • Orders shift Buy - offset from a trade level for buying.

Strategy settings for opening sell orders

  • SellON - enable the strategy of opening only sell orders.
  • Profit coefficient Sell - profit coefficient for sell trades.
  • Orders shift Sell - offset from a trade level for selling.

Money Management

  • Risk - risk per trade, percentage of the free margin to automatically increase the lot size. If set to 0, entries are made with the minimum lot. The recommended minimum for EURUSD is 5.0%.
  • Magic - individual number for orders of the EA.
  • Orders comment - custom comments to the EA's orders.
  • Show Info - display the information on the leverage and spread of your broker.


For Customers

Before purchasing the EA, download the demo version and test the robot on the history data provided by your broker.

Do not change the initial parameters of the robot, if you are not certain in your actions.

By increasing the Risk value, you can significantly increase the profitability of the robot, if you know what you are doing. Change the settings at your own risk.

Please send the author a private message to get support or help, or if you have any questions, comments or suggestions.

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Experten
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Lo Thi Mai Loan
Experten
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Experten
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Experten
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5 (15)
Experten
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Experten
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Experten
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Experten
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4.76 (54)
Experten
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Indikatoren
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Mikhail Nazarenko
Indikatoren
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5 (2)
Utilitys
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Indikatoren
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Indikatoren
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5 (1)
Utilitys
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Utilitys
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Experten
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Mikhail Nazarenko
Indikatoren
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Mikhail Nazarenko
5 (1)
Indikatoren
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5 (2)
Indikatoren
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5 (2)
Indikatoren
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Mikhail Nazarenko
Indikatoren
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Mikhail Nazarenko
5 (1)
Indikatoren
Simple trend   is a professional version of the trend indicator and entry points. It uses Price action and a unique filtering algorithm to determine the trend. Shows the change in the direction of price movement on any currency pairs, without redrawing the result. Suitable for determining entry points for scalping and swing, as well as for intraday, medium-term trading. Features Marks trend reversal locations and directions. Suitable for all types of trading, in any markets. Allows you to enter
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Mikhail Nazarenko
Experten
A robot that consistently shows a profitable result on history since 2000 with a spread of up to 30pips. Does not require ECN accounts. Fully automated, optimized and ready to go. It trades only pending orders, in the direction of a strong price impulse. It uses its own unique exponential entry algorithm and stop loss and take profit calculation. Catcher Trends from version 2.9 and Catcher Trends Exp work on the same algorithm, since the exponential algorithm showed the best test results! Featur
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Mikhail Nazarenko
Indikatoren
A   professional version of the ZigZag indicator for visualizing the structure of price movements by fractals. Fractal ZigZag fixes the flaws of the standard version of the ZigZag indicator MT4. It uses Price action and a unique filtering algorithm to determine fractals. Suitable for all types of trading. Ideal for trading according to the WM pattern "Sniper" strategy !!! Features Marks the place of price reversal during the formation of a new fractal with specified parameters. Suitable for
Binary Monster FX
Mikhail Nazarenko
Indikatoren
Binary Monster FX is a ready-made trading system. The real-time indicator displays the profitability of its strategy on history. This allows you to choose the most profitable currency pair and evaluate the profitability immediately, even before the start of real trading. Features Ready trading system Displays Binary Monster FX strategy trading statistics for a given number of bars of historical data. Gives a visual and audible warning when a CALL or PUT signal appears. Warns before a signal abou
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Mikhail Nazarenko
Indikatoren
The dollar index is a reliable guide for all currency pairs with the participation of the dollar USD. The indicator helps to filter out false reversals and trade strictly according to the trend. Determines the current direction of the dollar index and the trend change point. It warns with an arrow on the chart and an alert about a trend change. Ready to work with default settings. It is possible to adjust the sensitivity of the trend line. Important It is strongly discouraged to open a trading
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Mikhail Nazarenko
Utilitys
Инструмент для торговли скальпингом с использованием профиля рынка. Позволяет торговать по рынку, а так же оттачивать навыки торговли в тестере стратегий. При минимальном интерфейсе имеет высокую функциональность и пользу для торговли от уровня Point Of Control (POC). Как торговать с помощью советника - утилиты Market profile scalper, смотрите видео. Настройки - - - - - - Market profile - - - - - - Color rectangle range 1 - цвет прямоугольника 1 диапазона свечей Color rectangle range 2 - цвет пр
Momentum Pro
Mikhail Nazarenko
Indikatoren
Professional version of the Momentum indicator. Works great on trending currency pairs, and also accurately shows where to top up positions by trend. It displays the direction of entry on the chart with arrows and alerts when an entry point appears. With a minimal interface has high functionality. Features It has no lag and gives a noticeable advantage over the standard Momentum indicator Simple and intuitive graphical interface, minimum settings. Settings of each moving for your trading style.
Fast Trend
Mikhail Nazarenko
Indikatoren
Fast trend   is a professional version of the trend direction indicator and entry points. The indicator with high probability determines the direction of the trend on any currency pairs, stocks, cryptocurrency without redrawing the result.   To determine the trend, it uses Price action and its own unique filtering algorithm.   Suitable for all types of trading, both for scalping and for long-term trading. This version of the indicator is another branch of the evolution of the Simple Trend indica
Smart Trend Line
Mikhail Nazarenko
Indikatoren
Indicator with an innovative algorithm for determining the direction of the trend. Shows the best results for determining the trend on any currency pairs, stocks, cryptocurrency without redrawing the result. It will help you immediately determine the profitability of the current pair and timeframe. Uses Price action patterns in conjunction with the author's unique algorithm. Suitable for both beginners and professionals for all types of trading. How to choose a profitable timeframe and optimize
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Mikhail Nazarenko
4 (1)
Experten
Night CHF expert analyzes the market during quiet periods on the Swiss franc. Automatically determines entry levels based on price fluctuations using market inefficiencies. Features of the The unique algorithm of the advisor allows you to eliminate the negative effect of a high spread. The trade direction is determined by the intelligent adaptive algorithm of the   Night CHF   Expert Advisor. To minimize slippage and reduce risk, the EA places orders with static take profit and stop loss. It is
Fractals MT4
Mikhail Nazarenko
Indikatoren
The Fractals MT4 indicator displays on the chart only fractals with the specified parameters in the indicator settings. This allows you to more accurately record a trend reversal, excluding false reversals. According to the classical definition of a fractal, it is a candlestick - an extremum on the chart, which was not crossed by the price of 2 candles before and 2 candles after the appearance of a fractal candle. This indicator provides the ability to adjust the number of candles before and aft
Fractals channel
Mikhail Nazarenko
Indikatoren
Trend indicator with a unique algorithm for detecting trend reversals. It uses Price Action and its own filtering algorithm to determine the trend. The algorithm is based on a price channel based on chart fractals. This approach helps to accurately determine the entry points and the current trend on any timeframe. Recognize a new emerging trend with fewer false positives without delay. Peculiarities The advantage of the indicator is that its period is dynamic. Since it is tied not to the number
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Version 1.3 2018.05.04
1. Doubling of lot on Monday has been restored.
2. Opening of all orders has been moved to 6:00 GMT.
Version 1.2 2018.04.27
1. Added settings for GMT time shift for a proper operation of the Expert Advisor and a correct testing in the MetaTrader 4 Strategy Tester.
2. Now the EA can work with 4-digit brokers.
3. The algorithm has been optimized.
Version 1.1 2017.11.02
The EA is now able to work on charts of EURUSD with any suffixes in the name, for example: EURUSDf, EUR/USD, etc.