Index Breakout MT5

[TopicStarter]

Introduction to the Index Breakout MT5 Trading Robot​

To all those who aren't strangers to the topsy-turvy world of Forex trading, let me introduce you to something you might find intriguing. A trading robot, Index Breakout MT5, has been making waves lately (not in the most good-natured way), given its claims of optimizing profitability. Its performance leaves much to be desired, as suggested by our friend, Mr. Loebach, who has a rather sorrowful tale to share. If you are interested in mastering this robot or perhaps just looking for a fresh perspective, keep reading.

Installation and Configuration of Index Breakout MT5​

The Index Breakout MT5 can be located and purchased from the official website.

After purchasing, you'll receive an EX5 file. Installation begins in your MT5 platform, where you navigate to 'File' and then 'Open Data Folder'. Drop the EX5 in MQL5/Experts, then reboot the platform. Index Breakout MT5 should now be in your 'Navigator' window.

To set up, attach the robot to a chart of your choice, and for God's sake, start with a demo account. In the 'Common' tab, ensure that 'Allow live trading' and 'Enable DLL imports' are checked. In the 'Inputs' section, you can adjust risk parameters to your heart's content (or distress). An understanding of GER30 is essential.

Note: The EASY Trading Team wants nothing to do with your catastrophic losses (or highlighting any euphoric gains you might stumble upon). We are merely providing a walkthrough based on available information. You alone bear the responsibility for your financial decisions.

Experience with Index Breakout MT5​

Speaking of Index Breakout MT5, it's been quite the roller coaster ride. Mr. Loebach bravely dived into Strategies 1 and 2, armed with a live account. The result? Well, let's call it an educational experience.

If you decide to try your luck, keep an eye on market volatility and monitor the performance. And, probably a straightforward advice - don't go all-in.

Tips for Improvement​

Here are some genial suggestions for improving Index Breakout MT5:

• Backtesting: Always run the robot through extensive backtesting on demo accounts before launching it on live accounts.
• Money Management: Proper risk management protocols can mean the difference between survival and financial ruin.
• Continual Learning: Try to understand how the robot reacts to different market conditions and learn from it.

Source Code of Index Breakout MT5​

Gentlemen, we are venturing into unknown waters here. No one outside the original developer's inner circle has laid eyes on the original source code of Index Breakout MT5.

However, based on the description on MQL5, we can draft a rough code. You can always ask our proficient community on easytradingforum.com if you need help with the code. But remember, we're not selling the Index Breakout MT5. We're simply offering a helping hand to navigate these turbulent waters.

You don't have permission to view the code content. Log in or register now.

Download the Trading Robot Index Breakout MT5 Guide​

For those who want to delve deeper into this enigma, or perhaps brave enough to experience the thrill and potential heartbreak, you can download our complete guide of the Index Breakout MT5. This document will aid you in your understanding and application of this notorious trading robot. Yet remember, the EASY Trading Team is but a guide, and the final decision rests in your hands.

 

[RogueTrader]

Another request for setfiles? Haven't we been through this enough already? It's almost like asking for the sun to rise—predictable and tiresome. Let's see some originality instead.