Structure Breaker is a forex trading robot developed by the Forex Robot Easy Team. It implements the break of structure concept to identify potential shifts in price momentum and forecast future price movements. The EA works on low spread pairs and can be optimized to operate on multiple pairs and timeframes simultaneously. It also integrates VPS hosting for seamless trading operations.
minStartingCapital(default: 300) - Minimum starting capital required for the account.accountLeverage(default: 100) - Recommended account leverage for trading.
The EA is designed to work with the following trading pairs:
- EURUSD
- GBPUSD
- USDJPY
It operates on the M5 timeframe.
The Structure Breaker EA analyzes market prices to detect break of structure patterns. It compares the previous and current high and low prices to determine the occurrence of a shift in price momentum. Based on the detected pattern, the EA can execute buy or sell orders or execute a desired trading strategy.
Here's a breakdown of the algorithm:
- Check if the account meets the minimum starting capital requirement. If not, an insufficient account balance message is printed.
- Check if the account leverage meets the recommended requirement. If not, an insufficient account leverage message is printed.
- Loop through each trading pair.
- Loop through each timeframe.
- Analyze market prices to detect break of structure patterns.
- Determine market sentiment based on the occurrence of a shift in price momentum.
- Use the break of structure concept to forecast future price movements.
- Execute buy or sell orders or execute a desired trading strategy based on the detected pattern.
- Implement VPS hosting functionality for seamless trading operations.
The Structure Breaker EA is a smart forex trading tool developed by the Forex Robot Easy Team. It utilizes the break of structure concept to identify potential shifts in price momentum and forecast future price movements. By analyzing market prices and detecting break of structure patterns, this EA can execute buy or sell orders or execute a desired trading strategy to take advantage of market opportunities.
The EA is designed to work on low spread pairs and can be optimized to operate on multiple pairs and timeframes simultaneously. With the integration of VPS hosting, traders can enjoy seamless trading operations without any interruptions.
Please note that Forex Robot Easy is not the official developer of this product. We only provide this sample code as an illustration of how the product works. To find the official developer and get more detailed reviews and trading results of this product, please visit the official page or use MQL5.