BreakThrough - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
BreakThrough is not a complete system, it only opens trades when a trendline you create on the chart is crossed.
It does buy/sell based on the name of the trend line.
First, you place the trendline on the chart and then change its name to "Buy" or "Sell". The system will only open one buy and one sell transaction.
If you want the system to continue opening trades at trendline intersections, you can delete that line and place another one.
You can set take profit and stop loss in the EA settings, and you can also create a take profit trend line. Just create a trend line and name it "buyTP", "buySL", "sellTP", "sellSL" according to the function you want.
If the price is higher than buyTP or lower than buySL, the system will close all buy transactions with its magic number, and if the price is lower than sellTP or higher than sellSL, the system will close all sell transactions with its magic number.
Attachment download
Source: MQL5 #10988
BreakThrough - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.
If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.
Risk warning
For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.
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