Forex Daily Breakout Expert Advisor review:
DailyBreakout Version 1.0 is a simple and efficient Expert Advisor built for MetaTrader 4 platform only.
Strategy: daily breakouts
Everyone will find the appropriate settings.
- Multicurrency EA
- Interval – Daily (D1) only
- Working with 4 and 5-digit brokers
- Working with no martingale
- Automatic lot size or lot fixed
- Can be optimized for all pairs
- Enable_Expert = enable/disable the Expert Advisor.
- magic = magic number.
- distance = distance in points (10 points = 1 pip).
- take = target profit in points.
- stop = loss protection in points.
- Breakeven = distance in points to move the stop to the trade entry point.
- Trailing = points trailing stop.
- Enable_MM = enable/disable the lot based on the account (money management).
- Risk = lot calculation based on the account balance.
- lot_fixed = fix the lot (inactive when MM is true).
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)