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Range Breakout incl Safetynet for MT4

This Expert Advisor implements the Range Breakout Strategy, a simple yet effective short-term trading strategy.

  • Easy to use and supervise
  • Fully configurable settings
  • Customizable break-even, SL, TP
  • Built-in money management
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Trading is FIFO (NFA) Compliant


The Range Breakout Strategy

Using this strategy, the trader places a buy stop/limit just above the open price of your defined range and a sell stop/limit just below the open price.

The first stop triggered enters the trader into the trade and the other stop becomes the protective stop.

The research shows that the earlier in the trading session the entry stop is hit the more likely the trade will be profitable at the close.


Input parameters

Money Management

- fixed lotsize
- risk versus capital in % (you define the maximal risk in % per trade. The EA calculates based on the Equity and stop loss the size of the trade)

Time Management

- Range start = beginning of the range in HH:MM
- Range stop = end of the range in HH:MM
- Trade stop = from this point no new trade will be opened, running trades remains
- Position close = at this time ALL open trades will be closed

Risk Management

- TP factor in % = you define the TP range. 100% means the full range size. 150% means 1,5 times the range size
- SL Factor in % = you define the SL range. 100% means the full range size. 150% means 1,5 times the range size
- Min range in pips = the minimum range in pips. If the range is too small, there will be no trade on that day
- Max trades per day = you define the total number of maximum trades per day
- Max buy trades = you define the ratio to the max trades per day
- max sell trades

General settings

- Slippage = slippage you allow
- Magic number = unique number for the EA
- EA comment = definition/name of the EA
- Text color in App Window
- Main rectangular color
- Sub rectangular color
- show comment = show or hide the Trading window


Moving average settings

- use Moving average = activate or deactivate the filter
- Time Frame = on which time frame the filter should run. For this EA the best option is the 1 hour or 4 hour time frame
- period = choose the period for the Moving Average
- shift
- Method
- applied price












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899 USD
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5 (5)
Experten
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Tais Miranda Hoffmann
4.63 (19)
Experten
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Lorenz Vauck
Experten
Nutzen Sie diese zeitlich begrenzte Chance: Sichern Sie sich jetzt Ihren exklusiven Einführungspreis - dieses Angebot läuft bald aus! Live-Konto - Link 1 / Link 2 Einführung in Dragon Prodigy: Das führende Forex Handelssystem für GBPJPY H1 Schöpfen Sie das Potenzial eines einzigartigen, nicht überoptimierten Systems aus, das auf höchste Rentabilität und Zuverlässigkeit ausgelegt ist. Entwickelt auf der Grundlage von Daten aus den Jahren 1987 bis 2017 und stabilitätsgeprüft auf der Grundlage völ
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Bogdan Ion Puscasu
5 (8)
Experten
Wir stellen vor       Quantum Trade EA   , der bahnbrechende MQL5-Expertenberater, der die Art und Weise, wie Sie mit dem prestigeträchtigen GBPUSD-Paar handeln, verändert! Quantum wurde von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung entwickelt       Handeln       EA wurde entwickelt, um Ihre Handelsreise mit seiner innovativen und dynamischen Breakout-Zone-Strategie auf ein neues Niveau zu heben. ***Kaufe Quantum Trade EA und du könntest Quantum Index EA kostenlos erh
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Alexander Nechaev
5 (8)
Experten
AW Trend Predictor EA – ein Expert Advisor, der mit Trendindikatorsignalen handelt AW Trend Predictor. Verwendet die Indikatorstrategien TakeProfit und StopLoss. Kann Multi-Timeframe-Filterung verwenden. Hat einen festen StopLoss oder StopLoss, der vom Indikator berechnet wird. Zeitbasiertes Arbeiten und Mittelwertbildung sind funktional möglich. Instruction and description ->  HERE  / MT5 version ->  HERE   Vorteile: Verwendet einen festen StopLoss oder einen dynamischen StopLoss, der vom In
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AW Swing Trading EA
Alexander Nechaev
5 (2)
Experten
Ein fortschrittliches Tool für das Swingtrading bei korrektiven Preisbewegungen. Es arbeitet an Trendrückgängen in Richtung seiner Fortsetzung, die Größe der erforderlichen Korrektur wird durch die aktuelle Volatilität des Instruments oder manuell durch den Händler bestimmt. Nach dem Erkennen einer Korrektur entlang des aktuellen Trends wartet der EA auf ein Signal, um die Korrektur abzuschließen und den Trend fortzusetzen, wonach er eine Position eröffnet. Anweisungen zur Funktionsweise des Be
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ApexBot MT4
Andrey Barinov
Experten
ApexBot is a professional trading solution based on advanced Patterns Recognition techniques with the elements of Machine Learning and Neural Networks. ApexBot calculates and shows on chart future price move predictions and trades based on them. Only one trade at a time. No Grid. No Martingale. Every trade has Stop Loss and Take Profit from very beginning, and they do not change. Optional Break-Even and Trailing Stop functions. ApexBot includes multiple money management options, time filters
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Neurotron mt4
Leonid Arkhipov
5 (1)
Experten
Der Neurotron Expert Advisor wurde nach meinem eigenen einzigartigen Handelssystem „London Coup“ geschrieben. Die Entwicklung dauerte über ein Jahr. Von 2017 bis 2020 war ich an der Online-Schulung von Menschen zu diesem Handelssystem beteiligt. Das Trainingspaket wurde bei ebay für 1.000 $ verkauft und war sehr beliebt. Drei Jahre lang wurden mehr als 100 russische und über 200 ausländische Händler geschult.   Neurotron mt5 ÜBER DEN BERATER Bei der Eröffnung der Londoner Sitzung erfasst der Be
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Virtuality
Antonis Michos
5 (1)
Experten
*SUPER offer at 319$* (1000 EAs in JUST 1 !!!)   PLEASE READ EVERYTHING BEFORE YOU TEST or BUY the EA. THE FIRST THING ANYONE MUST KNOW ABOUT THIS EA: It is an EA that can have more than 1000 sets-Strategies. So,you buy 1000+ EAs in ONE !!! Here is the Set for GOLD for the backtest in the screenshots. Here are the new REVIEWED SETS for new version 67 of Virtuality after the UPGRADES.   Comment#11 IMPORTANT: These files are also a guidance of how you can use the EA and its fu
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