Key level breaker block MT5

[TopicStarter]

Introduction​

Today, we're taking a peek behind the curtain of the Key level breaker block MT5 trading robot. I've seen a lot of robots, but this one was rated a full 5 stars by user MAKARIOS YACOUBIAN. But let's keep our skeptical sunglasses on - we wouldn't want to be blinded by all that shiny praise now, would we?

Description of Functions​

The Key level breaker block MT5 is designed to trade on key levels and blocks. The concept is simple: it identifies key breakout levels and trades in the direction of the breakout. But as we all know, simplicity can be deceiving. So, let's delve into the details.

Analysis of Results​

On paper, the results look good. Over the course of the last year, the robot's performance seems to be stable and profitable. But let's not stop here - it's our job to question what others simply absorb and regurgitate.

Pros and Cons​

The strengths? Well, trading on key levels is a fundamental strategy that has been proven to work over time. And the automation part is, of course, appealing. But on the down side, the robot doesn't seem to take major news events into account which could lead to a bit of a sting.

Source Code of Key level breaker block MT5​

Pull back those curtains - the source code! Is there anything more enticing? Well, don't get too excited, we are not dealing with the actual source code of the original robot that's sold on the MQL5 marketplace. But we can make use of a code based on the MQL5 product description.

Please remember, this is just a simple example from your buddies at easytradingforum.com and not the actual Key level breaker block MT5 that is sold on MQL5. The EASY Trading Team does not sell the robot, we just play around with code based on a description found online.

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Download Key level breaker block MT5 from our forum​

So, are you ready to join the discussion and share your results with the Key level breaker block MT5? Download the code, experiment, come back to us with your observations and questions. Go ahead, we won't bite. But remember, this is just an example from the EASY Trading Team and not the actual robot sold on MQL5. Let's break those levels and trade on!