Applicable Instruments: Any (recommended for major forex pairs, gold) Applicable Timeframes: M15-H1
The Box Breakout Strategy automatically identifies price ranges during specified time periods and places pending orders at breakout levels. Combined with dual moving average trend filtering, it only trades in the trend direction to reduce losses from false breakouts.
Core Strategy Logic: During the range calculation period, the EA calculates price high and low points to form a box. After the range period ends, it places buy stop and sell stop orders at the box boundaries. Built-in features include trailing stop loss, timed position closing, and daily trade limits.
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