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Product Published or Updated on June 29, 2024

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Description

Breakfast in Canada EA

Introduction to Breakfast in Canada EA

The Breakfast in Canada EA for Metatrader 4 is a highly successful Forex robot specifically designed to capitalize on the New York trading session. This expert advisor employs a unique strategy by opening pending orders in both buy and sell trade directions at a 10 pip distance from the actual market price. Over an 11-month period, the Breakfast in Canada EA achieved an impressive gain of +134.18% with only a 12.57% drawdown, demonstrating its effectiveness and reliability.

Key Features and Benefits

The Breakfast in Canada EA comes with several built-in protections against maximum spread and slippage, ensuring that your trades are executed under optimal conditions. All open trades are secured by both stop loss and take profit orders, providing a robust risk management system. Additionally, the EA offers multiple customization parameters and settings, allowing traders to tailor the robot to their specific trading style and preferences.

This fully automated forex robot is typically sold for $200, but its performance and reliability make it a valuable addition to any trader’s arsenal. The Forex robot operates at specific time intervals at the beginning of the American session, making it ideal for traders who prefer automated systems that capitalize on market movements during these key periods.

Operational Mechanics

The Breakfast in Canada EA operates by opening pending orders every hour in both directions: Buy Limit and Sell Limit, at a distance of 10 points from the current price (for 4-digit quotes) or 100 points from the current price (for 5-digit quotes). This strategy is particularly effective during early morning or early lunchtime in Canada, aligning with the beginning of the American session when market activity is heightened.

Recommendations for Optimal Performance

To achieve the best results, it is recommended to run the Breakfast in Canada EA on a demo account for 2-5 weeks before transitioning to a live trading account. This allows traders to become familiar with the EA’s behavior and ensure consistent performance. Additionally, the following recommendations will help optimize the EA’s performance:

  • Minimum account balance of 10,000 USD or a standard or equivalent cent account (100 USD).
  • Works best on GBPCAD, EURCAD, USDCAD, or any other pairs where CAD is the second currency.
  • Operates most effectively on H1 timeframes.
  • To achieve stable results, the Breakfast in Canada EA should run 24/7. Using a VPS is recommended to ensure continuous operation.

Proven Results and Stability

The Breakfast in Canada EA has proven its reliability and effectiveness through rigorous testing and real-world application. Its ability to generate consistent profits with minimal drawdown makes it a valuable tool for traders looking to enhance their trading strategies. With its built-in protections, customizable settings, and robust risk management, this EA is designed to provide stable and profitable trading outcomes.

Conclusion

In conclusion, the Breakfast in Canada EA is an exceptional Forex trading robot that leverages the New York trading session to deliver impressive results. Its strategic approach, combined with built-in protections and customization options, ensures that traders can achieve consistent and profitable trading outcomes. By following the recommended guidelines and utilizing a VPS for continuous operation, traders can maximize the EA’s potential and enjoy a reliable and effective trading experience.

Feature Details
Strategy Opens pending orders in both buy and sell directions at a 10 pip distance from the market price.
Performance +134.18% gain in 11 months with a 12.57% drawdown.
Protections Built-in protections against maximum spread and slippage.
Risk Management All trades are secured by stop loss and take profit orders.
Customization Multiple parameters and settings for tailored trading.
Operational Time Runs at specific time intervals at the beginning of the American session.
Recommendations Minimum balance: 10,000 USD or equivalent cent account. Best pairs: GBPCAD, EURCAD, USDCAD. Best timeframe: H1. Use a VPS for 24/7 operation.

Brand

EA MT4

Refund

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install

The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).

This is the easiest type of installation for Expert Advisors.

This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.

Copy the EA folder content from your product to the EA folder of your MT4 installation.

 

Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

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1 review for BREAKFAST IN CANADA

  1. admin (store manager)

    Great EA, recommended

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