Real false breakout trading is what my Perpetual EA trading robot does. For example, here is its trade made on December 23.
Note that at 16:15, there was a good sell signal. We also have a false breakout there. Why didn't the robot trade this signal? Because, at that moment, it had not yet identified a strong resistance level for this price range.
However, the robot correctly identified the support level. At 17:03, it opened a buy position when the price broke this support. The result is on the screenshot.
My solutions on MQL5 Market: Vladimir Toropov’s products for traders
You can read more about trading false breakouts on the website in my profile. There is also a link to my products and real trading monitoring.
Perpetual EA is available here: https://www.mql5.com/en/market/product/96581
Good luck in trading!
