Breakout Scanner with Engulfing

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Breakout Scanner with Engulfing: A Comprehensive Guide by EASY Trading Team​


Skeptical? So are we. As traders, we have to be. Let's take a closer look at the Breakout Scanner with Engulfing, a trading robot making waves on the market, and see if it lives up to the hype.

We have one user, bill.liberalism, pleading for a scanner, and another, cium cal, underwhelmed with the EURAUD pair's performance. Let's see if we can find a balance here.

Installing and Configuring Breakout Scanner with Engulfing​


Installation is as easy as buying a stock on a green day. Head over to our guide on forexroboteasy.com and follow the instructions.

As for configuration, there's a fine line between setting up for success and tweaking into oblivion. Start with the default settings and then adjust as per your specific trading needs. Going into the currency pair forest may lead you into the scary land of over-optimization.

Using Breakout Scanner with Engulfing: The EASY Trading Team Experience​


We've tested this robot. Some might say we tortured it with all sorts of market conditions. Let's just say it hasn't exactly swept us off our feet. But it had its moments, especially on the longer timeframes.

However, our pal cium cal's disappointment on the 5-minute EURAUD pair points to a potential issue with its short-term performance. Tread carefully.

Enhancement Tips for Breakout Scanner with Engulfing​


We echo bill.liberalism's suggestion to integrate a scanner. Better visibility of potential breakouts can enhance decision-making. Also, consider adjusting your risk-return ratio. A poor risk return value can be a downer, especially in a volatile market.

The Source Code of Breakout Scanner with Engulfing​


The cat's out of the bag. We don't have the original code. However, we did our best to reverse-engineer based on the description from MQL5, where this fascinating algorithm is being sold. Questions about the code? Feel free to ask. Remember, this is a code-sample from easytradingforum.com.

And no, we're not selling the Breakout Scanner with Engulfing robot. This is an EASY Trading Team codepiece, inspired by the original.

Code:
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Downloading Breakout Scanner with Engulfing: The EASY Trading Team Way​


Done with the talking? Here's the scanner for you. Head to the forexroboteasy.com and get your hands on it. Any further questions, you know where to find us. Happy trading!