Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro

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Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 2

Forex Breakout Strategy Review

As a forex trader, you know that catching breakouts can be one of the most profitable and rewarding strategies. However, identifying these breakouts can be a challenge. That's why the Forex Breakout Strategy is here to give you the missing edge you need to catch breakouts like a pro.

Our unique price action based algorithm is proven to work on any market condition, and our powerful combination of indicators is the perfect addition to any trading strategy. With the ability to auto-detect entry, exit, stop loss, and take profit levels, you'll never miss out on a potential trade again.

Best Brokers List 

The Forex Breakout Strategy works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 3Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 4Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 5Register2009
🇧🇿 Belize
1:2000$10FSC
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 6Register2009
🇧🇿 Belize
1:3000$1IFCS
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 7Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 8Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 9Register2011
🇬🇧 England
1:500$25CySEC
Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 10Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Here's how it works 

Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 11

Step 1: Ideal Trade Setup

To execute a trade using the Forex Breakout Strategy, you need to identify an ideal trade setup. This is when the Success Rate of the signal is at least 66%. This means that the signal has a higher chance of resulting in a profitable trade.

Step 2: Set Stop Loss

Once you've identified an ideal trade setup, it's time to set your stop loss. You have two options: Recent Swing or Opposite Signal. The Recent Swing option calculates the stop loss based on the indicator, while the Opposite Signal option exits the buy signal on a new sell signal and exits the sell signal on a new buy signal.

Step 3: Set Take Profit

The next step is to set your take profit. You have three options: TP1, Partial TP, or Opposite Signal. TP1 means that you take profit when the signal reaches at least TP1. Partial TP means that you take partial profit on TP1 and close the remaining position on TP2. Finally, Opposite Signal means that you take profit on the opposite signal to maximize strong breakouts.

Forex Breakout Strategy Settings

Forex Breakout Strategy MT4 : Catch Breakouts Like A Pro 12

Automatic Statistics Calculation

The Forex Breakout Strategy also auto-calculates statistics of signals. This provides reliable information that will give you the confidence to filter your trades. Our Win Condition is when a signal reaches at least TP1 or when a trade is closed on opposite signal and results in a positive profit. Our Loss Condition is when a signal reaches Stop Loss or when a trade is closed on the opposite signal and results in a negative profit.

Success Rate is the percentage of signals that qualify for our Win Condition. It's used as a reference to find better pairs and timeframes.

Compatibility and Alerts

The Forex Breakout Strategy works in any timeframe and financial instrument, including forex, cryptocurrencies, metals, stocks, and indices. It's also fully compatible with Expert Advisor (EA) development. Our integrated pop-up, email, push notification, and sound alerts ensure that you never miss a potential trade.

Conclusion

If you're looking for a proven and tested breakout strategy that will take your trading to the next level, the Forex Breakout Strategy is the perfect solution. Our unique algorithm and powerful combination of indicators make it easy to catch breakouts and profit from them. So why wait? Start using the Forex Breakout Strategy today and see the results for yourself!

Forex Breakout Strategy Free Download 

We highly recommend trying the Forex Breakout Strategy with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

To ensure the proper functioning of this forex robot, please note that it requires the “missing32.dll” DLL file to be placed in the root of MT4. However, we are not the authors of these files. To keep your PC safe, we highly recommend installing MT4 on a virtual machine and running the EA through it.

Get Forex Breakout Strategy 

Password: forexwikitrading.com

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.