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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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¿Quieres convertirte en un trader de 5 estrellas constantemente rentable? 1.   Lee la descripción básica de nuestro sencillo sistema de trading   y   y su gran actualización de estrategia en 2020 2.   Envíe una captura de pantalla de su compra para obtener su invitación personal a nuestro exclusivo chat de trading Este Trade Manager es el complemento ideal para todos los   FX Trend   usuarios que deseen utilizar una gestión de operaciones totalmente automatizada. Detecta sus operaciones ab
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
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Notify To Telegram MT4 Expert Advisor will send notifications via Telegram when orders are opened/modified/closed on your MetaTrader 4 account.  Send message to person, channel or group chat.  Easy to customize message.  Support custom message for all languages. Support full Emoji.  Parameters: Telegram Bot Token - create bot on Telegram and get token. Telegram Chat ID  - input your Telegram user ID, group / channel ID Magic number filter - default all, or input magic number to notify with co
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
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El kit de herramientas de acción del precio EA está diseñado principalmente para revendedores, pero se puede usar en todos los marcos de tiempo para ingresar rápidamente al mercado con un tamaño de lote calculado correctamente en función de su nivel de parada. Le permite ingresar operaciones rápidamente (al instante o en velas altas y bajas con pendientes). órdenes) y luego ajustar las paradas y tomar ganancias a medida que se mueve el mercado. Para obtener una lista completa de todas las fun
Tome el control de su cartera de divisas. ¡Vea instantáneamente dónde se encuentra, qué funciona y qué le causa dolor! VERSIÓN MT5 DISPONIBLE AQUÍ: https://www.mql5.com/en/market/product/58658 El Trade Manager Dashboard está diseñado para mostrarle de un vistazo dónde se encuentra actualmente cada posición que tiene en el mercado de divisas, y hacer que la gestión de riesgos y la exposición a las divisas sean más fáciles de entender. Para los comerciantes que escalan gradualmente en el mercad
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