Introduction
Breakout Scanner All Symbols is a trading robot designed to identify breakout opportunities across multiple symbols. As someone who’s been in the business for quite some time, I've seen plenty of robots that claim to deliver outstanding results. Let’s put this one under the microscope.Features
Breakout Scanner All Symbols claims to provide:
- Real-time alerts for breakouts.
- Automated setting of Take Profit (TP) and Stop Loss (SL) levels.
- Compatibility with various Forex sessions.
- Multi-symbol scanning capabilities.
User Reviews
From the user feedback, it seems like this robot has a love-hate relationship with its users.User cancryptokeeper rates it 5 stars, stating, A very useful indicator during the NY Forex session. It alerted me when I was not able to watch the charts and set the TP and SL levels accurately. Paid for itself with one trade. The only thing I would change is for sell trades the blue open trade line still says 'Buy'. I would change that to say 'Sell'. And it is also difficult to see because it is behind the blue arrow.
User Agbakeleke Idowu, on the other hand, rates it 1 star, complaining, So Bad. It doesn't work for me. The indicator always overload my CPU and shut it down.. wouldn't have buy it.
Seems like a mixed bag, doesn’t it? Welcome to the world of trading robots.
Performance Analysis
According to the statistics available at forexroboteasy.com, Breakout Scanner All Symbols has delivered mixed results over the past year. While it has had its share of successful trades, the overall performance has varied greatly depending on market conditions.For those who managed to navigate through its quirks, it appears to have been profitable. But be prepared: this isn't a 'set it and forget it' type of bot. It demands active monitoring and tweaking.
Pros and Cons
Pros:
- Real-time breakout alerts.
- Automated TP and SL levels.
- Coverage of multiple symbols.
Cons:
- Overloads CPU, causing shutdowns (as per user feedback).
- Interface issues such as incorrect labeling of trades.
- Mixed performance, requiring active management.
Conclusion
Breakout Scanner All Symbols is like many other trading robots—full of potential but not without its flaws. If you're looking for a perfect solution that will hand you money on a silver platter, look elsewhere. For those willing to put in the effort to manage it, however, it might just be worth your while.Source Code for Breakout Scanner All Symbols
We don't have access to the original source code for Breakout Scanner All Symbols that is sold on MQL5, but we created a code based on its description found on MQL5. Note that this is an example code provided by easytradingforum.com.For those interested in the detailed code, feel free to discuss it with us on our forum and share your results and experiences. Keep in mind, our team doesn't sell Breakout Scanner All Symbols; we merely offer a version based on its public description.
Code:
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If you have any queries regarding the code, don’t hesitate to ask. Remember, this example code is provided by the proficient team at easytradingforum.com, based on the publicly available description of Breakout Scanner All Symbols sold on MQL5. The EASY Trading Team does not sell the robot but has created an illustrative piece of code based on its available description.Feel free to join the discussion and share your experience with this trading robot.