Three Breaky
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 Three Breaky
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
This EA is a system that include 3 different strategies of volatility breakout. These strategy are the best free strategy found on the web about this type of trading.
It works very well on
EURUSD H1
. Also good result with USDCHF, EURAUD, GBPJPY... try to bring this EA to a next level.
Works with only closed prices, so you can backtest it with open prices, control points or every tick mode and you will get same results.
Input parameters allow user to enable/disable single strategies. I suggest to don't use take profit (order will always be closed with indicators).
Please, let me know, if you consider as a good thing to make a forward test of that strategy and maybe use it in a portfolio of different types of strategies.
