Plan X
- Experts
- Derrick Akampurira
- Version: 1.2
- Mise à jour: 8 novembre 2024
- Activations: 5
Overview
- Bot Name: Plan X Breakout V1
- Version: 1.00
- Default Setting: XAUUSD/Gold
- Timeframe: M15
- Time Zone: UTC+3
Introduction
Plan X Breakout V1 is an advanced Expert Advisor (EA) created to automate trading on the MetaTrader 5 platform. Developed by Derek Kash, it is designed to help investors capture breakout opportunities during specific market hours with a focus on precision, flexible profit targets, and robust risk management.
Key Features
-
Breakout Strategy
Plan X Breakout V1 leverages a time-based breakout strategy, identifying high and low price levels within a customizable timeframe to execute buy and sell orders upon breakouts. -
Time Settings
The EA allows users to set specific trading hours, enabling alignment with preferred market sessions and optimal trading conditions. -
Money Management
With options for both fixed lot sizes and equity-based risk percentage, investors can manage position sizes according to their risk tolerance. -
Profit Targets and Break-Even
Three adjustable take-profit levels (15, 35, and 50 pips) provide flexible exit points. A break-even feature is available after reaching the first take-profit level, enhancing profit security. -
End-of-Day Close
Plan X Breakout V1 includes an option to close all open trades by the end of the trading day, minimizing exposure to overnight risks.
Installation and Setup
- Download and install MetaTrader 5.
- Copy Plan X Breakout V1 files to the appropriate MT5 folders.
- Configure EA settings, including trading hours, money management, and risk parameters.
- Activate Plan X Breakout V1 on your preferred chart.
Caution
Plan X Breakout V1 should be thoroughly tested through backtesting and demo trading before using it in live conditions. Automated trading carries inherent risks; adjustments may be necessary based on individual risk tolerance.
Support and Contact
For support, please contact Derek Kash at akampuriraderrick5@gmail.com. We are dedicated to helping users achieve the best experience with Plan X Breakout V1.
Disclaimer
Trading involves risks. Past performance is not a guarantee of future results. Use of Plan X Breakout V1 is at the investor’s discretion, and Derek Kash assumes no responsibility for any financial losses incurred. Thorough testing is strongly recommended.