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Market Breaker Updated version 3

Overview of Market Breaker Updated Version 3

Market Breaker Updated Version 3 is a powerful tool designed to capitalize on market breakouts. This updated version brings several enhancements and features that make it a versatile and efficient trading robot. Let's dive into the specifics of this innovative trading system.

Key Features

  • Enhanced Entry Points: Enter trades not only after breaking the High and Low of the signal bar but also at the Close level of the signal bar plus additional points.
  • Complex Trade Parameters: Offers a broad range of trade parameter settings, allowing for detailed customization.
  • Multiple Asset Trading: Capable of trading multiple assets on different signal candles with independent Magic numbers.

Setup Process

  • Select a chart displaying the desired asset with the appropriate time frame.
  • Attach the Expert Advisor (EA) to the chart.
  • Set the Signal Time Hour and Signal Time Minutes to define the closing time of the signal candle.
  • Configure trade parameters as per the user manual for optimal performance.

Trading Strategy

The Market Breaker Updated Version 3 employs a breakout strategy based on the signal candle/bar. For example, on the DAX index, it trades breakouts of levels defined by the signal candle from 9:15 to 9:30. The EA enters a long position if there is a breakout of the high value of the signal candle and a short position if there is a breakout of the low value.

Customization and Flexibility

  • Signal Candle Settings: Users can select different signal candles for various assets, such as a 30-minute candle on the FTSE index.
  • Magic Number: Assign different Magic numbers for independent trading of multiple assets.
  • Trade Parameters: Extensive settings allow users to fine-tune their trading strategies for maximum efficiency.

Advantages

  • Versatility: Adaptable to various market conditions and assets.
  • Precision: Enhanced entry points and complex trade parameters ensure precise trading decisions.
  • Independence: Different Magic numbers allow for independent trading strategies on multiple assets.

Conclusion

Market Breaker Updated Version 3 is a robust and flexible trading system designed to optimize breakout strategies. With its enhanced features and extensive customization options, it offers traders the tools they need to succeed in the dynamic Forex market. Whether you're trading the DAX, FTSE, or any other asset, this EA provides the precision and versatility required for profitable trading. 🚀📈

Ah, the world of Forex trading—where dreams are made and broken faster than you can say 'pip.' Enter the Market Breaker Updated version 3, a trading indicator that promises to be your knight in shining armor. But does it really live up to the hype? Let's break it down, feature ...

Release Date: 27/01/2024