Introduction to Quantitative Breakout MT5 Trading Robot
Quantitative Breakout MT5 is a reliable trading robot designed to provide a systematic approach for trading in the Forex markets. It's based on a quantitative model that identifies potential profitable breakout points on various currency pairs. Now, as an experienced trader, I'm naturally cynical about these claims. But we shall see...
Here is the robot's detailed stats. Make sure you take a good look at this before you proceed. However, there have been no reviews or ratings formed for the product yet, so you're welcome to go ahead and be the first one.
Installation and Configuration of Quantitative Breakout MT5
To install the Quantitative Breakout MT5 robot, you first need to purchase or rent it from the MQL5 marketplace. After purchasing, simply follow the step-by-step guide for installing third-party experts in your MetaTrader 5 platform.
As for its settings, the robot comes with its standard settings which, according to the developers, offer the best possible performance. However, make sure to properly set the risk levels in accordance with your trading preferences.
Experience with Quantitative Breakout MT5
Now, here is where things get interesting. After running Quantitative Breakout MT5 on a demo account, the robot did show some promising results, with good risk management and a decent hit rate. Nevertheless, remember that past performance doesn't guarantee future results, especially in the merciless world of Forex trading.
Tips for Improved Performance
For better performance, it's advisable to run the robot on a VPS to avoid any connection issues. Also, keep an eye on the market conditions, as certain economic events or news releases can massively impact the robot's performance.
Quantitative Breakout MT5 Source Code
Although the original source code of Quantitative Breakout MT5 isn't available (it's a commercial product, after all), we at EASY Trading Team can offer you a taste of what it could look like, based on the description found on MQL5. Remember, this is just an example and you're welcome to ask questions about this code here.
Take note that we don't sell the Quantitative Breakout MT5 robot; we only provide an example of the code that is based on its description.
Code:
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Despite the lack of reviews and ratings, why not download Quantitative Breakout MT5 and give it a try on a demo account? The strategy it uses is sound, and you might find it a useful addition to your trading toolbox. Remember, you can always share your opinions and help other traders make their decisions. We are waiting for your feedback .