Break Through
This professional-grade solution for MetaTrader 4 helps traders achieve greater efficiency in their daily workflow. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Break Through
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
Description & Settings
BreakThrough is not full system, it only opens trade when it crosses trend line you created on chart.
It buys/sells depending on the name of the trend line.
If you name the line “buy”, without quotes, the system will open a buy trade after crossing the line.
If you name the line “sell”, the system will open sell trade after crossing the line.
First you position your trend line on chart and then change its name to “buy” or “sell”. The system will open only one buy, one sell trade.
You can remove the line and place another if you want the system to continue to open a trade on a trend line crossing.
You can set take profit and stop loss in expert advisors settings, but also create take profit trend line, simply create a trend line and name it “buyTP”, “buySL”, “sellTP”, “sellSL” according to function you want to.
If the price goes above buyTP or under buySL the system will close all buy trades with its magic number, if the price goes under sellTP or above sellSL the system will close all sell trades with its magic number.
