 | BelovFX Multi Breakout EA for MT4BelovFX Multi Breakout EA for MT4 - This Expert Advisor is a very powerful tool to work breakout of trading range of previous session. It allows generating many trading strategies and optimizing its p |
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BelovFX Multi Breakout EA for MT4 Ranking & Summary
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BelovFX Multi Breakout EA for MT4 Tags
BelovFX Multi Breakout EA for MT4 Description
Editor's review: This software is an expert advisor that lets you see breakouts of previous trading session. You are thus able to take trading positions to maximize profit and minimize losses when applicable. This Expert Advisor is a tool to work breakout of trading range of previous session. The trader is able to generate trading strategies and optimizing its parameters of the strategies to meet his targets of profit to be made. Breakout trading is used by active investors to take a position within a trend`s early stages. This strategy can be the starting point for major price moves, expansions in volatility and can offer limited downside risk. A breakout is a stock price that moves outside a defined support or resistance level with increased volume. A typical a breakout trader enters a long position when the stock price breaks above resistance. Similarly he would enter a short position when the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout`s direction. This software lets you do trading based on only pending orders. You can set time range for the previous session to get a fix on the support or the resistance levels. You would be able to work with two orders in each direction. The graphs created set all levels in points or in percentage from the previous session. While many trading strategies are in vogue, if you are a believer in the breakout based trading, this then is a good tool to guide you trading positions during day trading. Publisher's description:
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