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Simple Breakout Trading Robot for MetaTrader 4: A Beginner's Guide

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Description:

In this post, we're diving into a straightforward breakout trading strategy that you can easily implement using MetaTrader 4. Whether you're new to trading or just looking to refine your approach, this method is perfect for getting your feet wet.

  1. Here’s a simple example of a breakout trade, as shown in the Buy-Entry image below.
  2. The Sell-Entry would simply be the opposite of the Buy-Entry strategy.
  3. This method relies solely on candle patterns, without any indicators.

Example Image


Recommendations:
  • Only use this strategy on a demo account or during back-testing.
  • For more examples, you can explore candle breakout trading techniques by using search engines online.

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