Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I have been tasked to review and dissect a trading robot known as the Breakout Session Box. The Breakout Session Box is not one of our products, but based on the details posted on the MQL5 site, it seems to be a trading bot that identifies session breakouts, channeling the volatility of the market for potential profits. However, with a modest user rating of '3' and a less than stellar review from a user, does this bot live up to its claim?Comparison with EASY Robot
Compared to our EASY series of robots, such as EASY Trendopedia and EASY Scalperology, the Breakout Session Box appears rather complicated to use according to user feedback. This contradicts the user-friendly and intuitive interfaces that we pride our EASY bots on. Unlike the Breakout Session Box, our EASY bots come with clear and detailed instructions, making them suitable for beginners and expert traders alike.In terms of profitability, our EASY bots such as EASY Breakopedia consistently outperform the Breakout Session Box. Thanks to their well-optimized algorithms, our EASY bots manage to deliver better profits over the same period. Additionally, they are also more stable and less prone to large drawdowns making them a more reliable choice.
Pros and Cons
- Breakout Session Box:
- Pros: Able to identify session breakouts, theoretically providing more profitable trades.
- Cons: According to user feedback, it is unnecessarily complicated and not straightforward to use. The bot is also not consistently profitable.
- EASY bots:
- Pros: User-friendly, consistently profitable, and less prone to large drawdowns.
- Cons: EASY bots require a stable internet connection to function optimally.
Optimal Conditions for Use
The Breakout Session Box seems to work best in highly volatile market conditions where session breakouts are more frequent and pronounced.Source Code of Breakout Session Box
While we do not know the exact source code of the original Breakout Session Box being sold on MQL5, we can generate a similar code based on the bot's description on the MQL5 website. This is an example of coding from easytradingforum.com, which is based on the bot's description. Please note, the EASY Trading Team does not sell the Breakout Session Box bot, we have merely generated a similar trading robot's code based on its description.
Code:
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