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FBoFinder

For those who trade false breakouts (FBo) levels.

The False Breakout Finder (FBoFinder) service was written primarily for trading stocks and their CFDs on daily charts.

It will search for you for various false breakouts of extremes on hundreds and thousands of instruments from the Watchlist, which will save you in the long run many hours of daily routine selection of securities before the market opens. In the process of enumerating instruments, securities with a ban on trading are ignored. If a security is allowed to trade only long, then it will not look for patterns of false breakouts for short. The same is true for LongOnly securities. When an instrument that has an FBo model is found, its chart is opened, a price level line is drawn and a trading expert (StrikerFBo) is placed, which can be downloaded separately from the page. You can use the service without an expert. And all that is required of a trader is to review the selection results and throw away those securities that, in his opinion, are not suitable. On the remaining shares, the EA will wait for the market to open. Also, the Expert Advisor can be used independently without the FBoFinder service.

FBoFinder has settings, both its own and those that are passed to the expert (StrikerFBo). The same settings are provided by the StrikerFBo Expert Advisor itself. If necessary, they can be reconfigured for a specific selected paper.

Common parameters:

  • TimeFrame - all available timeframes for trading, D1 by default.
  • Hard conditions for False Breakout patterns - hard conditions for testing false breakout patterns. (Version 1.1).

Service parameters:

  • Bars count for extremes detection (0 - all history) the number of history bars to search for extremes (the highest High and the lowest Low). If you specify 0, then the entire history of the instrument will be analyzed.
  • Charts to open the number of charts to open. The maximum that the terminal supports is 100 opened charts. With a large number of open charts, the terminal slows down
  • Enable the StrikerFBo expert Allow the service to schedule the StrikerFBo expert. If the expert is absent, then the error will not occur.
  • Enable the Price filter enable the filter based on the securities price. If false, the entire Watchlist will be processed.
  • Minimum price the minimum price to search
  • Maximum price  the maximum price to search.

The following parameters enable or disable the search for false breakout patterns:

  • False Breakout by 1 bar FBo by one bar
  • False Breakout by 2 bars FBo by two bars
  • Complex false Breakout with 1 bar – complex FBo with 1 bar behind the level
  • Complex false Breakout with 2 bars – complex FBo with 2 bars behind the level

Expert parameters:

  • Volume type
    • Shares - specify the number of securities for trading in the field below.
    • Volume Coefficient (2.5 x 20 leverage = 50 shares) - this parameter forms the volume based on the leverage provided by the broker per share. The smaller the leverage, the more funds are used to buy securities. The specified ratio will make it possible to balance the allocated funds for trading. But the difference in volume between the 20th and 4th arms will be significant (with c = 2.5, 50 and 10 securities will turn out, respectively, since the difference is 5 times). Specify the coefficient in the field below.
    • Risk,% - the percentage of risk on the deposit. Percentage of the size of the deposit that the trader is willing to donate to Stop Loss. The Expert Advisor sets Stop Loss for the breakout bar. Specify the risk percentage in the field below.
  • Volume value - the value of the volume type selected above.
  • Interval to place limits (ATR percent) - offset from the level for placing a limit order. If the instrument opens in the middle of this interval, then the deal will be executed at the market.
  • Ratio Profit: Loss - the ratio for Take Profit in relation to Stop Loss (3 to 1 or 4 to 1, etc.). The field contains one number (3, 3.5, 4 or your own version).
  • Bars count for ATR calculation - the number of bars to calculate the ATR (average price movement).
  • Maximal spread - the maximum spread size for placing a limit order (or for entering a position).


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The utility allows you to build different types of graphs: Seconds chart from 1 second to 86400 seconds Tick chart from 1 tick and above The volume chart Delta chart Renko chart Range chart Demo version of the utility https://www.mql5.com/ru/channels/clustersecond Built-in indicators for volumetric analysis: daily market profile and market profile of the selected timeframe, Cluster Search Imbalance VWAP Dynamic POC, VAH, VAL the profile depth of the market vertical volume with various display op
The script displays info about the share's corporate reports and dividends. The data is downloaded from   investing.com : Report date Profit per share (EPS) Revenue Market capitalization Amount of dividends Date of payment of dividends Dividend income The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Before launching:  Add 2   URL   https://ru.investing.com/earnings-calendar/Service/getCalendarFilteredData  and   https://ru.investing.com/
Quick operation, quick purchase, sale, empty operation. Provide three buttons: Buy, Sell, empty. Buy: Quickly place more orders after clicking, default 1 hand, profit point and stop-loss point are 110 points, after successful order can be manually modified. Sell: Quickly place an empty order after clicking, default 1 hand, profit point and stop-loss point are 110 points, can be manually modified after the order is successful. Empty: Quickly clear all orders, including pu
1. Record the price data for each Tick transaction. Data file contents: "Tick time", "ASK price", "BID price", "SPREAD SPREAD", "Tick quoted quantity". 2. Meanwhile, generate a quotation data file with a 1-minute period. Content of 1min data file: "ASK time", "ASK OPEN price", "ASK HIGH price", "ASK LOW price", "ASK CLOSE price", "BID time", "BID OPEN price", "BID HIGH price", "BID LOW price", "BID CLOSE price", "Tick quoted quantity". 3. Save all quotation data in one file every day, which is c
I automated its commercial strategies for use of binary in MT5 and with our Mt5BridgeBinary I sent the orders to its Binary account and I list: begin to operate this way of easy! The expert advisers are easy to form, to optimize and to realize hardiness tests; also in the test we can project its long-term profitability, that's why we have created Mt5BridgeBinary to connect its best strategies to Binary. Characteristics: - It can use so many strategies as I wished. (Expert Advisor). - He doe
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
Xrade EA is an expert advisor as technical indicator. For short period trade it's the best for next previsions of the trend of the market. +--------------------------------------------------------------------------------------- Very Important Our robot(data anylizer) does'nt take a trade procedure. If using only our robot you must take positions by yoursels +--------------------------------------------------------------------------------------- The technical indiator provide for a give
This EA connects to MyTradingPet.com for top performing live trade signals backed by latest AI technologies. The past performance data is available from MyTradingPet.com. All future enhancements to these AI signals will be automatically loaded into this EA. One time setup and no tweaking is required along the way. You can choose top 1-3 performing signals over 1 week or 1 month or 3 months. The EA program will automatically refresh top performers based on daily performance statistics. No furthe
News: IDEA 2.0 is out with lot of features, like telegram bot notifications and Limits order! Check the changelog at bottom of page (*). Hi all, here you can find my Expert Advisor, called IDEA  (Intelligent Detection & managEr Algorithm) . In short, with this software you can: Have   a clear view of market status , with an indication of current trend. Simply add symbols you want to monitor to your market watch, and IDEA will notify you if some of them are in trend; Have an   automatic lots
The stocks that make up the index are one of the drivers of the movement. Analyzing the financial performance of all elements of the index, we can assume further development of the situation. The program (script) displays corporate reports of shares that are part of the index selected in the settings.   "Indexes" cannot be tested in the tester (since there is no way to get information from the Internet). Information is downloaded from the site investing.com: Report Date Earnings per share
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StrikerFBo
Andrii Voliuvach
1 (1)
Semi-automatic Expert Advisor StrikerFBo is designed to trade false breakouts of levels (one bar, two bars, complex false breakout). It was written primarily for trading stocks and their CFDs. For its operation, it is necessary to place a horizontal line on the chart, on which the robot will be guided to enter a position. Checking this Expert Advisor in the strategy tester is meaningless for this reason. StrikerFBo can be used on demo and live accounts. The Expert Advisor has the following pa
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Sürüm 1.2 2021.03.13
- Primary updating of symbols history. Added the ability to initially load the history of an instrument by opening and closing charts to speed up subsequent searches for false breakout patterns. This feature has a history upload/update time parameter (History updating time (per Security)).

- Delay for FBos search (per Security). Also added the ability to specify the time for loading the graph already when directly searching for models in order to avoid incorrect determination of levels due to poor processing performance as it was before.
Sürüm 1.1 2021.03.02
Added new parameter:
- Hard conditions for False Breakout patterns - hard conditions for testing false breakout patterns. The alignment of the open and close bars is taken into account.