BOX Breakout

Box Breakout is an Expert Advisor for level trading. When a flat range is broken, the EA places pending limit buy and sell orders.

Recommendations

• Currency pair: Any
• Timeframe: M30,H1
• Recommended leverage: 1:10 and higher
• Minimum deposit: $500 for dollar accounts and $50 (5000 Cent) for cent accounts
• Before using on a real account, check it in the strategy tester and optimize the parameters for your broker
• Set the desired risk per trade

Settings and Inputs

• Risk - risk per trade (as a percentage of the deposit).
• Magic number of the expert - magic number of the EA.
• StopLoss (pips) - stop loss in points from the box (flat).
• TakeProfit (in boxes) - take profit (multiple of the box). Example is shown on the screenshot.
• Breakeven (pips) - move a position to breakeven.
• Box (maximum in pips) - width of the box (flat).
• Bars for analysis - the number of bars to analyze.

Trading time for each day:

• to start - time to start trading.
• finish - time to stop trading.