Easy Breakout Indicator MT4 is a powerful price action trading tool designed around one of the most trusted and widely used strategies—the Breakout Strategy on the MetaTrader 4 platform. This indicator provides clear and precise Buy and Sell signals by identifying breakouts from key support and resistance levels.
Key Takeaways:
- Easy Breakout Indicator MT4 is a trading system that provides real-time buy and sell signals based on breakouts from key support and resistance zones.
- The indicator offers multiple features including no lag or repainting, versatility across timeframes and symbols, multiple take profit levels, automatic stop loss, and a success rate dashboard.
- It works with any symbol on any timeframe, but is personally recommended for use with XAUUSD (gold) on M1, M5, and M15 timeframes.
About The Author
This Expert Advisor is developed by Mohamed Hassan, a seasoned MQL5 developer with over 9 years of experience. He has contributed to several remarkable trading tools, including Bitcoin Wizard MT5, Golden Shine, Neuron Net Gold, and the widely acclaimed South East, which stands out as his most successful creation.
Easy Breakout Features
- Used on platform: Meta Trader 4.
- Curency pairs: Any pairs forex and XAUUSD.
- Time frame: Any time frame.
- Minimum deposit: $100.
- Recommend personally use this indicator with XAUUSD (gold) on the M1, M5 & M15 timeframes.
- All signals are delivered in real-time, with no lag and no repainting of past signals.
- Breakouts can occur on any timeframe and any symbol, making this indicator highly versatile and reliable.
- Each signal automatically provides 5 different take profits to improve your trading.
- Each stop loss is dynamically calculated based on current market conditions, ensuring optimal risk management.
- The dashboard lets you view the success rate of each symbol, giving you valuable insights into the indicator’s past performance and reliability.
- The dashboard enhances your trading experience with a sleek, intuitive design for effortless navigation and a professional look.
- Get instant alerts with entry, take profit, and stop loss levels sent directly to your terminal, phone, or email for seamless trading updates.
- Expert Advisor trading automated 100%.
- Recommend use VPS
Video demonstration
How to install and run the Easy Breakout Trading Bot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Indicators” folder
- Copy the Easy Breakout.ex4 file here
- Then close and restart the MT4 platform
- Attach the Indicators to the chart
****Please note:
All Trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. Be aware and accept this risk before trading. Never trade with money you cannot afford to lose. All forecasting is based on statistics derived from past performance of any trading methodology is no guarantee of future results.