4H Weekly Box Breakout Expert Forex Advisor (MT4)
Trading Robot Automatic
Online trading robot Weekly 4H Box Breakout is a system of automated trading (Passages of automatic scholarship orders, positions and risk management, money management ...).
Transactions can be fully automated and Traded by an Expert Advisor or EA.
An expert advisor or EA is a trading program that automatically between transactions, according to certain rules and without intervention from the investor
an expert advisor or EA is able to analyze the current market situation to decide and negotiate on markets .
The robot trader 4H Weekly Box Breakout uses a system based on the breakout or breakage of the weekly ranks
The expert advisor 4H Weekly Box Breakout can be used with the currency pairs:
GBPJPY, EURJPY, AUDJPY, CHFJPY, CADJPY
The best performance is on a time frame H4
included
4H Weekly Box Breakout.mq4
Exchange Online - Broker, Broker : platform Trading Metatrader MT4
Strategy - rules Of Trading
Money Management
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: pips
The stock Weekly robot 4H Box Breakout [TD] draws a box or rectangle corresponding to the weekly range.
A purchase order is executed when the price breaks above the weekly ranks + buffer zone (buffer) 10-20 pips
A sell order is executed when the price breaks below the weekly range - buffer zone (buffer) 10-20 pips.
After opening the trade, 4H robot Weekly Box Breakout [TD] defines four levels of profit (Take Profit)
TP1: 1 times the size of the box
TP2: 2 times the size of the box
TP3: 3 times size box
TP4: 4 times the size of the box
the stop loss order is moved to neutral when the TP1 breakeven level is reached
Learn more about the rules and trading signals:
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. Article
How to win on the stock exchange
Trading Harmonic - From Figure ABCD Price
Parameters - Test
Trade Example - backtest
Exchange - Instrument
Trading - Trading Forex
Symbol - Swap FX EUR / USD
Session Trading
Time Frame / Time unit UT: H4 - 4:00
. The horizontal axis represents the total number of transactions, profitable or not profitable.
. The vertical axis of the graph represents the change in deposit Dollar USD.
. The blue line on the graph represents a change in the deposit after the end of each transaction (balance)
. The green line on the graph represents a change in the balance of the transaction date (equity)
. The green bars below the graph indicate the volume of transactions .
For a portfolio:
Equity or equtiy is the sum of the remaining account immediately according to the changing positions and would be true in case of immediate closing of all positions.
The balance is the sum of the account at the time of opening positions, it is updated as and extent of the closing positions.
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