Comments | Take a Break Indicator | Free Download Trading Indicator for MetaTrader 4

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Take a Break Indicator

4.83

FREE

Published: 6 July 2020

Current version: 5.0

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cardenasy 2021.04.18 18:41 #1

Excelente producto.

chenli.cheng 2022.12.25 14:30 #2

For the " Template type to create" function , should I keep the deafult setting " Trade IS allowed"?

I am new guy who buy this today and not sure when to use feature? Could you explain more or have a smple case ?

Thank you very much!

Eric Emmrich 2022.12.25 14:42 #3

chenli.cheng #:

For the " Template type to create" function , should I keep the deafult setting " Trade IS allowed"?

I am new guy who buy this today and not sure when to use feature? Could you explain more or have a smple case ?

Thank you very much!

Hey there,

yes, you can keep the default setting.

A setup example for the indicator + EA can be found in the product description here on MQL5 :)

Hope that helps.

Regards,

Eric

Peter Henry Amner 2023.03.25 16:59 #4

DOES THIS WORK IN MT5?

Eric Emmrich 2023.03.25 18:39 #5

PETERAMNER #:
DOES THIS WORK IN MT5?

There is an MT5 version available. Just check my seller profile :) https://www.mql5.com/en/users/ericjt/seller

Matthew Phillip Clarke 2023.11.25 14:06 #6

Hey Eric, I thought I'd ask here as it might help others too, is the drawdown limit expressed as a percentage? If I want a 4% max drawdown, do I write -4? Thankyou for your wonderful product, it's working already, no more weekend trading for me, this enforces discipline until I become naturally more discipined, lucky I always use EAs to place trades. Thankyou.

Eric Emmrich 2023.11.25 18:13 #7

Pianistmat #:
Hey Eric, I thought I'd ask here as it might help others too, is the drawdown limit expressed as a percentage? If I want a 4% max drawdown, do I write -4? Thankyou for your wonderful product, it's working already, no more weekend trading for me, this enforces discipline until I become naturally more discipined, lucky I always use EAs to place trades. Thankyou.

Hey there,

glad to hear that TaB is meanwhile working well for you :)

All drawdown values should indeed be specified as negative values, so -4 is correct.

If there‘s anything else I can help with, just let me know.

Cheers,

Eric

Maik Siebel 2024.08.27 16:40 #8

Can I update to the new indicator version without any problems, or will I lose settings or templates?

Eric Emmrich 2024.08.27 16:47 #9

Maik Siebel #:

Can I update to the new indicator version without any problems, or will I lose settings or templates?

Good question! You can safely update it - the fixes only affect new auto setups :)

Nevertheless, you might want to restart your terminal afterwards so that you benefit from the visual improvements already.

Cheers,
Eric

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