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- Forex Robot Review
- Metatrader 4
- Experts
- BreakOut Grid
Profit:
-10.15$
Traders:
76
(50/26)
Most Profit Trade:
13.63$
Most Loss Trade:
-45.98$
Profit Factor:
0.72
Average Loss:
-13.95$
Overview
In the vast landscape of Forex trading tools, the BreakOut Grid software stands out, combining the principles of Grid Trading and Forex Scalping. This expert trading software uses a grid of ten pending orders, five for long and five for short, with a 500 point spacing between them and a 100 point scalp target.
Three Modes of Operation
The BreakOut Grid operates in three distinct modes, each with its unique strategy. The first is the entry by level mode which triggers the software’s operation when the price approaches an important trade level such as a former resistance or support. The second mode is the entry by time, which launches the software at a specific time as set by the user. The third mode is the continuous operation, where the software starts immediately and restarts after all orders are closed.
It’s important to note that only one of the three entry types can be used at a time per one symbol and magic number. However, all three entry types can be used on one symbol if different magic numbers are assigned.
Stop Function and Recovery Function
The BreakOut Grid software also incorporates a stop function after one round of operation. This function, defined by the “Continue” parameter, can be particularly useful when important news are known to be released, combined with the entry by time type of entry.
Another notable feature is the Recovery Function. This uses lot size amplification in order to achieve profit but also increases the chance for larger drawdown.
Partial Profit and Recommended Pairs
The software also offers a Partial Profit feature that closes all orders when the input value in points is reached. While this feature is safer, it also means potential profits are smaller.
The recommended pair for this software is GBP/USD and it works best on the H1 timeframe.
Independent Testing and User Experience
Users interested in the BreakOut Grid can watch independent testing of this product on the forexroboteasy.com website. Subscriptions for updates on the results of testing this product are also available.
Users are invited to share their experience of using this product, contributing to a pool of unbiased user reviews.
FAQs
What is the BreakOut Grid?
The BreakOut Grid is a Forex software that combines the principles of Grid Trading and Forex Scalping. It uses a grid of ten pending orders with a 500 point spacing between them and a 100 point scalp target.
What are the modes of operation?
The software operates in three modes: entry by level, entry by time, and continuous operation. Only one mode can be used at a time per one symbol and magic number.
What is the recommended pair for this software?
The recommended pair for the BreakOut Grid is GBP/USD.
Where can I watch independent testing of this product?
Independent testing of the BreakOut Grid can be watched on the forexroboteasy.com website.
Note: This is an independent product review written in the third person. The text does not contain the words “our” or “my” product.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
-0.51%
AVG Daily:
0$
Deposit:
1400$
WithDrawal:
0$
Current Balance:
1392.85$
Profit:
-7.15$
Trading Conditions by BreakOut Grid
Leverage:
100
Account type:
Live
Profitable by BreakOut Grid
Profit:
-0.47%
AVG Daily:
0$
Deposit:
2140.6$
WithDrawal:
0$
Current Balance:
2130.45$
Profit:
-10.15$
Other products
BreakOut Grid Review: Scalping & Grid Forex Software Explained
forexroboteasy.com
Write review
ADELYN CASTILLO
1 review
forex-robot-review
Quantum Trade is a very good tool. I'm live since few days after long testsets and i'm absolutely delighted. Till now, every tradingday ends with a profit. Many thanks Bogadan for the very good work and i'm looking forward to add the Quantum Gold Emperor.
Abdulncuna1 Cuna
1 review
Expert Review: BreakOut Grid Forex Trading Software Explained
From the moment I started using the "BreakOut Grid", I was impressed by its user-friendly interface. It's straightforward and intuitive, making it easy for even a novice trader to navigate. The software provides real-time data, which is crucial in the fast-paced world of forex trading. What sets "BreakOut Grid" apart from other forex software is its unique grid system. This system allows me to set my own trading parameters, giving me the flexibility to adapt to the ever-changing forex market. It's like having a personal trading assistant that's always on the lookout for profitable trades based on my preferences. The "BreakOut Grid" also has a fantastic risk management feature. It allows me to set my stop loss and take profit levels, ensuring that I never risk more than I'm comfortable with. This feature has saved me from significant losses on numerous occasions. The software's performance has been consistently reliable. It executes trades swiftly and accurately, ensuring that I never miss a profitable opportunity. I've also noticed that the "BreakOut Grid" is regularly updated to keep up with the latest market trends and technologies. This shows the developers' commitment to providing the best possible trading tool for their users. In conclusion, the "BreakOut Grid" forex software has been an invaluable tool in my trading arsenal. It's user-friendly, flexible, and reliable. It has significantly improved my trading efficiency and profitability. I would highly recommend it to anyone looking to take their forex trading to the next level. Good job to the developers of the "BreakOut Grid" for creating such a fantastic tool.
ADELYN CASTILLO
1 review
forex-robot-review
BreakOut Grid shines in Forex, merging Grid Trading and Scalping principles. Its strategic use of pending orders and precise targets sets it apart brilliantly.