Technical Indicators for MetaTrader 4

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MetaTrader 4

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Pattern Breakout

pattern-breakout-logo-200x200-6204
898 $674 $

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Information

Experts
MetaTrader 5
Luca De Andrea
1.0
5

Overview

Pattern Breakout is a Trading System developed in years of study and tests. The System works by identifying specific bars patterns (No technical analysis, No indicators) and enters at the Daily bar breakout with Swing trades. This System work with Stop & Reverse logic and/or Friday close. There're No fixed Take Profit and Stop Loss.


    Notes

    Load the correct Set file related to the Symbol you want to trade on (Set files are in the Comments). The EA is scheduled to close its positions on Friday, so No over-weekend. You’ll see the Stop Loss and Take Profit at 0: this is normal, the EA will close the positions when it detects the closing conditions. For this reason, it is important that the EA stays always active: I recommend to use a VPS because if the EA is inactive/unable to trade, the positions may not be closed at the appropriate time. 

    This EA is intended to be used like a portfolio. The EA can be activated simultaneously in more than one Symbol splitting the risk. The activation on several charts does not interfere with the other EAs, since each one is working on its own, put a different MagicNumber on each chart.

    What you will NOT find with this EA: No Martingale, No Scalping, No Hedging, No Internal Autolot (You manage Your Money Management).


    Advantages:

    • Optimized on 100% Real Ticks for the period 2018-2023
    • Stop & Reverse Logic with Swing strategy
    • No Over-Weekend, No indicator

    Requirements:

    • Trading pairs: CADCHF, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, US30 (DOW JONES), US100 (NASDAQ), USDJPY.
    • Timeframe: Not relevant, is set in the Input tab.
    • Trading conditions: Hedging ECN account with low spread.


    This is the launch price. Prices will go up soon!

    I hope you can appreciate my work, feel free to contact me without hesitation! I will reply as soon as possible

    Enjoy!

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