Price Action Breakout Robot

You can download this price action robot for free. It is a breakout robot that uses price action. The automated system is designed to execute trades by taking advantage of notable breakouts in price levels, an approach that has been around for as long as the markets.

Professional traders and hedge funds have been using breakout strategies for decades, and The Breakout Robot is proof of their continued effectiveness. The fundamental approach of the system relies on price movement to establish crucial trading price points. Due to its lack of reliance on popular but frequently lagging indicators, the price action robot offers traders a significant advantage.

It doesn’t employ risky trading strategies like grid or martingale. Furthermore, it uses pending orders to open trades rather than opening multiple trades at once. A tiny stop loss and take profit are always in place to safeguard every transaction.

A helpful feature for traders aiming to grow their portfolios exponentially is that this price action robot can trade with a fixed lot or use an auto lot and increase the transaction size automatically. With the help of this feature, the system can modify the volume of transactions in accordance with the size of the deposit and account for profits made. This Breakout Robot’s maximum drawdown percentage is low, allowing you to use it with a small deposit.

Recommendations

• $100 is the minimum account balance.
• Perform well on GBPUSD, EURUSD, and USDJPY. (Work with any duo.)
• Ideal for use with an H1 TimeFrame. (Do any TimeFrame work.)
• The GMT time at which this price action robot trades is strictly defined. In winter, the standard GMT offset is GMT+2, and in summer, GMT+3. It is recommended that you modify the “GMT Offset” input parameter if the timezone of your broker differs.
• This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM). 
• low spread ECN account is also advised (Find the Perfect Broker For You Here).