Cabe Rawit EA MT4 with Source Code

July 12, 2024

Watch the testing video here:

Cabe Rawit EA MT4 with Source Code

The Cabe Rawit EA MT4 is a versatile and powerful MetaTrader 4 (MT4) expert advisor (EA) that implements several breakout strategies. Whether you’re a seasoned trader or just starting out, this EA offers valuable features for making informed decisions.

Key Features:

Breakout Strategies:
- The Cabe Rawit EA MT4 utilizes various breakout strategies, including:
  - ZikZak Breakout
  - Daily Candle Breakout
  - London Time Breakout
  - Pivot Points Breakout
  - And more!
Source Code Included:
- Traders have access to the underlying source code, allowing customization and adaptation.
- Modify the EA to suit your trading preferences and strategies.

Strategy Overview:

Minimum Deposit:
- We recommend a minimum deposit of $500.
- Adequate capital ensures effective use of the breakout strategies.
Timeframe:
- The optimal timeframe for running the Cabe Rawit EA MT4 is H1 (1-hour chart).
- This timeframe balances capturing short-term breakouts without excessive noise.
Currency Pair:
- The EA can be applied to USDJPY.
- Its flexibility allows adaptation to different currency pairs.

Trading Strategy:

The Cabe Rawit EA MT4 follows a scalping strategy, aiming to capitalize on significant price movements during breakouts. Here’s how it takes trades:

Entry Signals:
- The EA identifies breakout opportunities based on the selected strategy (e.g., ZikZak, daily candle, or London time).
- When a significant breakout occurs, it generates a buy or sell signal.
Exit Strategies:
- Take Profit:
  - The EA suggests taking profits when price reaches predefined levels (e.g., resistance or Fibonacci extension).
- Stop Loss:
  - Set a tight stop loss to limit potential losses.