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Overview
Time Range Breakout distinguishes itself amongst the variety of Forex EAs in the market today by being free. This Forex trading tool, typically sold for over 500 USD, is offered at no cost by the developer who only requests a voluntary donation of 10% of any profits made using it.
Automated Trading for All Levels
This Forex robot is a fully automated trading tool designed for use on MetaTrader 5. It’s developed to be suitable for all types of currency pairs, making it a versatile tool for both novice and experienced Forex traders. The Time Range Breakout EA places a buy stop order at the range high price and a sell stop order at the range low price, allowing traders to secure profits with an adjustable trailing stop.
Customizable Forex Strategies
One of the standout features of Time Range Breakout is its customizable input parameters. Users can modify the trade settings to suit their individual Forex strategies, including adjusting the volume, risk percent, TP points, SL points, timeframe, and Magic Number. In addition, the EA has advanced settings like Trailing Stop, Trigger Points, New SL Points, and Maximum Spread, which can be toggled and adjusted as needed.
Trade Frequency and Time Range Settings
With Time Range Breakout, traders can also adjust the frequency settings to set the maximum long and short trade per day. Furthermore, the EA provides flexibility with time range settings, enabling traders to set the range start hour and minute, range end hour and minute, as well as order close hour and minute.
Independent Testing and Updates
For those interested in seeing the Time Range Breakout EA in action, independent testing of the product is available on the forexroboteasy.com website. Users can also subscribe for updates on the results of testing this product to stay informed of its performance.
FAQs
Can I use Time Range Breakout EA on any currency pair?
Yes, Time Range Breakout is suitable for all types of currency pairs.
What is the cost of this Forex EA?
Time Range Breakout is offered free of charge. However, the developer requests a voluntary donation of 10% of any profits made using it.
Where can I see the performance of Time Range Breakout EA?
Independent testing of Time Range Breakout EA can be viewed on the forexroboteasy.com website.
If you have used Time Range Breakout, we invite you to share your experience in the comments section below. Your insights could be invaluable to others in the Forex trading community.
Please note that this article is an independent product review and does not represent the views or opinions of the product developer.
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