ApexBreak EA MT4 – Free Download

Comprehensive Review of ApexBreak EA 

Forex trading has long been a domain reserved for those with significant experience and a deep understanding of market trends and analysis. However, the advent of automated trading systems, or Forex robots, has democratized access to this potentially lucrative market. One such system that has garnered attention is the ApexBreak EA Forex Robot. This review will delve into its features, advantages, and disadvantages, providing a balanced perspective on this automated trading tool.

What is ApexBreak EA Forex Robot?

ApexBreak EA Forex Robot is an automated trading system designed to execute profitable and low-risk trades on behalf of the user. The system operates on several currency pairs, including EURUSD, GBPUSD, EURGBP, and USDJPY, specifically on the 5-minute timeframe. It leverages advanced detection systems and various technical indicators to identify and capitalize on breakout opportunities.

Technical Specifications

Version: 1.43
Year of issue: 2024
Working pairs: EURUSD,GBPUSD,EURGBP and USDJPY
Recommended timeframe:  M5
Minimum Deposit: $2000
Average of account: 1:30 To 1:500

Best Brokers List

ApexBreak EA System works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

ApexBreak EA  Settings

Key Features

1. Set and Forget: ApexBreak EA is designed to be a fully automated "set and forget" system. Users can install the software, run it, and let it handle all trading activities.
2. Advanced Detection Systems: The robot utilizes advanced algorithms to identify profitable breakout opportunities and execute trades accordingly.
3. Risk Management: With a focus on safety, ApexBreak EA employs powerful Fibonacci levels and an advanced risk management method to ensure low-risk trading.
4. Bollinger Bands Strategy: This widely used strategy among Forex professionals is incorporated into the robot's operations, enhancing its decision-making process.
5. Economic-Uncertainties Proof: ApexBreak EA is designed to perform well even in uncertain economic conditions, maintaining low-risk trades and maximizing profits.
6. High Accuracy and Intelligence: The robot is equipped with sophisticated indicators such as moving averages, Commodity Channel Index (CCI), Relative Strength Index (RSI), and Stochastic oscillators to identify trends and execute precise trades.
7. Profitability: ApexBreak EA boasts a 3:1 win-loss ratio, indicating that it wins three times as much as it loses, which is a compelling feature for traders seeking consistent profitability.
8. Time Efficiency: The robot operates 100% automatically, allowing users to focus on other activities while it manages their trades.

Review ApexBreak EA Results

• High win rate and profit factor: The win rate is reported to be 76.0%, and the profit factor is 3.73. This suggests that the EA is winning trades more than it is losing them, and that the average winning trade is more than three times larger than the average losing trade. These are both positive signs.
• Large drawdown: The peak drawdown is reported to be -3.4%. A drawdown is a decline in the value of an account from its peak. A drawdown of -3.4% is not excessive, but it is still something to be aware of.
• Short track record: The report only shows data for 304 days. This is a relatively short track record, and it is possible that the EA could perform differently in the future.

Here are some additional things to keep in mind:

• Forex trading is risky. There is no guarantee that any EA will be profitable in the future.
• Past performance is not indicative of future results. Just because the EA has been profitable in the past does not mean that it will be profitable in the future.
• It is important to do your own research before using any EA. This includes understanding the EA's trading strategy, backtesting the EA on historical data, and forward testing the EA on a demo account.

Advantages of ApexBreak EA Forex Robot

1. Ease of Use: ApexBreak EA is designed for simplicity. Once installed, it requires no further user intervention, making it ideal for both novice and experienced traders.
2. Consistency: The robot's reliance on technical indicators and predefined strategies ensures consistent performance, reducing the emotional stress often associated with manual trading.
3. Risk Management: With its advanced risk management techniques, including the use of Fibonacci levels, the robot minimizes the likelihood of significant losses.
4. Economic Stability: Unlike some trading systems that falter during economic turbulence, ApexBreak EA is built to navigate uncertainties effectively, maintaining low-risk trades and securing profits.
5. High Win Ratio: The impressive 3:1 win-loss ratio is a significant advantage, promising more winning trades compared to losing ones.
6. Technical Expertise: Utilizing a range of technical indicators, the robot can make well-informed trading decisions, enhancing its overall accuracy and profitability.

Disadvantages of ApexBreak EA Forex Robot

1. Dependence on Technical Indicators: While technical indicators are powerful tools, they are not infallible. The robot's performance might be impacted by sudden market changes that these indicators cannot predict.
2. Market Limitations: The robot is currently optimized for specific currency pairs and timeframes, which might limit its applicability for traders interested in other markets.
3. No Human Oversight: Complete automation means that there is no human oversight. In rare situations, manual intervention might be necessary to prevent losses, but the robot does not accommodate this.
4. Initial Setup: While the system is largely "set and forget," the initial setup might require some technical knowledge, which could be a hurdle for some users.
5. Cost: Depending on the pricing structure, the cost of acquiring and maintaining the robot might be a consideration for some traders.

Conclusion

ApexBreak EA Forex Robot stands out as a robust tool for automated Forex trading, offering a range of features designed to ensure profitable and low-risk trading. Its advanced detection systems, comprehensive risk management, and reliance on proven strategies make it an attractive option for traders looking to automate their trading activities.

However, it is important to consider its limitations, including its dependence on technical indicators and lack of human oversight. Overall, ApexBreak EA appears to be a highly effective and reliable Forex robot, suitable for traders who prefer a hands-off approach to the Forex market.

Download ApexBreak EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

By carefully weighing the advantages and disadvantages, traders can determine if ApexBreak EA Forex Robot aligns with their trading goals and risk tolerance.