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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
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
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
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
Le MT4 to Discord Signal Provider est un outil convivial et entièrement personnalisable conçu pour envoyer directement des signaux de trading à Discord. Cet outil transforme votre compte de trading en un fournisseur de signaux efficace. Personnalisez les formats de messages pour qu'ils correspondent à votre style ! Pour plus de facilité, choisissez parmi des modèles pré-conçus et décidez quels éléments du message inclure ou exclure. [ Démo ] [ Manuel ] [ Version MT5 ] [ Version Telegram ] Conf
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Overview: Trade Close Master is a powerful yet straightforward tool designed for MetaTrader 4 that allows traders to efficiently close all open trades with a single command. This script simplifies the management of multiple trades by automating the closure process, ensuring a seamless trading experience. It is ideal for traders who need to quickly exit positions across various currency pairs and symbols, especially during fast-moving market conditions. Advantages and Features: Ease of Use: Wit
FREE
Trade Entry Journal is your ultimate solution for streamlining trade entries and journaling. Designed specifically for forex traders, this powerful tool automates the tedious tasks of calculating lot sizes, placing trades, and documenting your trading activities. Say goodbye to manual entries and focus on making smarter trading decisions. Key Advantages: Automated Lot Size Calculation : Calculate the perfect lot size based on your stop loss level and risk amount. The lot size will be adjusted t
FREE
The DrawStopLevel  script is designed for the MetaTrader 4 (MT4) trading platform. This script allows traders to quickly and easily draw a stop-loss horizontal line on their trading chart. This script is used in conjunction with the Trade Entry Journal Utility ( https://www.mql5.com/en/market/product/ . This script can also be easily integrated into any MT4 trading strategy, allowing for quick visual representation of stop-loss levels.
FREE
Discover the power of precise trading with the Box Breakout Alert EA for MetaTrader 4. This expert advisor is designed to help you identify and act on breakout opportunities, ensuring you never miss a profitable trade. Whether you're a beginner or an experienced trader, the Box Breakout Alert EA is your key to smarter, more efficient trading. Key Features and Advantages: Real-Time Alerts : Get instant notifications on your MT4 app when the price breaks out of the defined support and resistance l
GridMaster Bot is an automated trading tool designed to help you profit regardless of market direction. With its grid trading strategy, this Expert Advisor (EA) automatically opens and manages trades based on price movements, allowing you to benefit from market fluctuations. Key Advantages: No Need to Predict Market Direction: GridMaster Bot allows you to profit whether the market moves up, down, or sideways. Fully Automated Trading: Set your parameters and let the bot do the work for you, handl
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