SR Breakout EA MT4
FREE
Veröffentlicht:
8 April 2025
Aktuelle Version:
1.3
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Ciao,
grazie per la condivisione, lo sto testando come consigliato su gbp-usd.
Volevo chiederti è possibile utilizzarlo anche su altre coppie di valute o gold ?
grazie
HI,
thanks for sharing, i am testing it as advised on gbp-usd.
I wanted to ask you, is it possible to use it on other currency pairs or gold?
Thank you
Hi mate,
It works on every currency pair. Gold has a different pip value. You might want to change the tolerance level to get entry signals. If the SL target is set to fixed pips, make sure to also change that. If set to ATR based or HL, there will be no issues.
Hello. Whar a simple yet interesting concept. For BTCUSD, do I need to change the "breakout offset in pips for example 2.0 into 2000.0?
Hi mate,
Exactly. Pips are different on BTC and XAU pairs. I recommend you go into visual mode and check if it matches your style. Also remember to change the S/R tolerance. (The 3 lines after a fractal has been formed) If the tolerance is too little, there wont be any trades.
Feel free to ask if you have other questions.
Hi mate,
Exactly. Pips are different on BTC and XAU pairs. I recommend you go into visual mode and check if it matches your style. Also remember to change the S/R tolerance. (The 3 lines after a fractal has been formed) If the tolerance is too little, there wont be any trades.
Feel free to ask if you have other questions.
Thank you for responding. However, it does work it logic but no Pending Stop being put by the EA. Is this normal?
Oh I see what you mean. I made a sketch quickly to show you what the EA's process is. On the screenshot you posted, the S/R zones are not yet confirmed as zones.
I tested it on my broker (BTCUSD M5) and I had no issues. Also make sure you enabled trading on the very top of the EA's settings.
Oh I see what you mean. I made a sketch quickly to show you what the EA's process is. On the screenshot you posted, the S/R zones are not yet confirmed as zones.
I tested it on my broker (BTCUSD M5) and I had no issues. Also make sure you enabled trading on the very top of the EA's settings.
Thank you for the elaboration. Its helpful to understand how it work. So, its a waiting game then. I keep you update. Thank you again.
Glad I could help. If you need anything else let me know.