Introduction
In today's chaotic trading landscape, the Break The BOX NOW trading robot is vying for the attention of traders. The exclamation mark in the name is probably a desperate attempt to stand out. This bot, rather than an all-knowing oracle that predicts market behaviours like a sage, offers a simple strategy- breaking out of the box. Its main role is determining the box, or the trading range, and executing trades when the price breaks out of this range. Sounds good, right? Well, let's not jump to conclusions yet.Description of Functions
The Break The BOX NOW robot alleges to find the upper and lower limits of the box on its own, essentially figuring out the trading range. So, you can sit back and relax while this bot does its magic. Or can you? Upon breakout, the bot triggers trades with target profits and stop losses. Parameters can be customised, allowing traders to tweak it based on their individual trading style. But let's be honest, this is nothing extraordinary.Analysis of Results
With a rating of just 2, the question on everyone's mind is Just how effective is Break The BOX NOW? The available data from forexroboteasy.com reveals some mediocre at best trading results over the past year. This bot doesn't seem to be shattering any records. I encourage all traders to verify the results for themselves instead of blindly believing in any trading robot.Pros and Cons
The bot's simple breakout strategy is both a pro and a con. It's easy to understand, yes, but is it effective? From the results, it doesn't seem so. The customization options are a plus, but they can't salvage a failing strategy. The lack of user reviews raises a red flag, hinting that this bot may not be worth your time or money.Source Code of Break The BOX NOW
We're not fortune tellers, and we don't claim to know the exact source code of the original Break The BOX NOW bot sold on MQL5. However, based on the description on the MQL5 site, we can create an emulation of the bot's code. If any issues arise with our code, don't hesitate to reach out. Do bear in mind though, this code comes from our buddies at easytradingforum.com and is based purely on the bot's description.
Code:
You don't have permission to view the code content. Log in or register now.Download Break The BOX NOW for a Test Spin
If you're still intrigued, get your hands on the Break The BOX NOW trading robot and put it to the test. Share your experiments, success or failure, on the forums. Remember, this is an open platform for discussion, and we value every trader's experience. The original bot can be found on the MQL5 site.Disclaimer: The EASY Trading Team doesn't sell the Break The BOX NOW robot. The code we've created is purely based on the description available on MQL5.
So, will this bot break your trading boundaries or shatter your hopes? Only one way to find out, isn't there? Happy trading!