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BOX Breakout

Box Breakout is an Expert Advisor for level trading. When a flat range is broken, the EA places pending limit buy and sell orders.


Recommendations

  • Currency pair: Any
  • Timeframe: M30,H1
  • Recommended leverage: 1:10 and higher
  • Minimum deposit: $500 for dollar accounts and $50 (5000 Cent) for cent accounts
  • Before using on a real account, check it in the strategy tester and optimize the parameters for your broker
  • Set the desired risk per trade


Settings and Inputs

  • Risk - risk per trade (as a percentage of the deposit).
  • Magic number of the expert - magic number of the EA.
  • StopLoss (pips) - stop loss in points from the box (flat).
  • TakeProfit (in boxes) - take profit (multiple of the box). Example is shown on the screenshot.
  • Breakeven (pips) - move a position to breakeven.
  • Box (maximum in pips) - width of the box (flat).
  • Bars for analysis - the number of bars to analyze.

Trading time for each day:

  • to start - time to start trading.
  • finish - time to stop trading.
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No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
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AW Trading Software Limited
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Versão 2.1 2018.03.02
- fixed the dead zone for placing limit orders on four digits