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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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The trading logic of LASSO EA is based on support and resistance levels. Moreover, not one specific time interval is used for the calculation, but several. Support and resistance lines of several levels (different periods/phases) are determined, the current price, volatility, directions and trend of the symbol are calculated in real time. LASSO EA is extremely selective in opening deals, as many different factors are taken into account. Plus, LASSO EA uses a non-standard deal management concept.
575 USD
1. Automatisierter Handelsberater 2. Die besten Ergebnisse beim EURUSD-Paar, aber Sie können auch die Einstellungen für alle anderen Instrumente anpassen, 3. Verwenden Sie einen Zeitrahmen von m1 bis m15. 4. Der Expert Advisor handelt nach der Mittelwertmethode und erhöht das Volumen reibungslos und sicher! 5. Um den Handel zu steuern, verwendet der EA die Candlestick-Analyse. 6. Die sicherste Option, verwenden Sie 0,01 Lots für jeweils 1500-2000 $ 7. Um Risiken zu reduzieren, rate ich Ihne
625 USD
Leistung hier für alle meine Experten und Signale:  Verkäufer - Gregory Hay - fxmanagedforexltd - Profil des Händlers (mql5.com) InfinityXO MT4 Leistungsnachweise Infinity XO Monitor Leistung #1 (DAX+DOW): https://www.mql5.com/en/signals/1559418 Infinity XO Monitor Leistung #2 (nur DOW): https://www.mql5.com/en/signals/1559420 Monitor Live IC (DAX+DOW): https://www.mql5.com/en/signals/1809278 InfinityXO kann Prop Challenge mit Leichtigkeit auf propbroker 8CAP mit 2.5% DD bestehen: https://www
799 USD
RSI Fire
Antonis Michos
5 (1)
--------------  contact me for discount if you want 2 or more of my Products.   Telegram Group: Find the link in my profile Live Signal Welcome. RSI Fire ,as its name,uses as main indicator the RSI.More specifically,scans different periods of RSI in 3 different Timeframes.After that specific filters clean the field for as better entry as it can. There is also a protection system after the second position which searches IF THERE is a strong trend,so it avoids opening new ones t
500 USD
EA Thomas
Vitali Vasilenka
4.71 (35)
Kontaktieren Sie mich direkt nach dem Kauf Anweisungen zur Installation des Advisors. Einzigartige Einstellungen für den Berater Persönlicher Bonus (Handelsberater). Zugriff auf den geschlossenen Telegrammkanal für Handelssignale. EA Thomas ist ein einzigartiger Handelsalgorithmus, der 5 Handelsberater gleichzeitig umfasst. Der EA analysiert gleichzeitig 5 Einstiegspunkte in verschiedenen Zeiträumen, je nach Risikoniveau, wählt einen der 5 aus, um auf dem Markt zu öffnen. Mit den EA-Funktio
299 USD
MagicWay MT4
Evgeniy Zhdan
5 (4)
MagicWay is an automatic trading system that uses patterns in the behavior of three currency pairs. Market trading transactions of three different instruments complement each other, bringing their results to a common goal. The default settings are suitable for getting started without modification. Signals: MT4:   https://www.mql5.com/en/signals/1620204 MT5:   https://www.mql5.com/en/signals/1620214 This is a multi-currency Expert Advisor - when installed on one chart, the Expert Advisor works
999 USD
Gold Veritas MT4
Marat Baiburin
5 (1)
Gold Veritas   ist ein vollautomatischer Forex Expert Advisor für ruhige Stunden. Attention, from 20.02.2023 it is planned to increase prices for all my products by 30%. Überwachung der Arbeit des Beraters:  https://www.mql5.com/en/users/bayburinmarat/seller Richtige GMT-Einstellung:   https://www.mql5.com/ru/blogs/post/743531 Alle Parameter, die für die verständlichste und einfachste Optimierung erforderlich sind, stehen in nur 6 Einstellungen zur Verfügung.Sie können den Berater an Ihre Vorlie
599 USD
Entry Points Pro EA Handelsroboter für MT4 und MT5 Unmittelbar nach dem Kauf, kontaktieren Sie mich über private Nachricht hier auf der Website, um Anweisungen und eine sehr mächtige Bonus zu erhalten! Der Entry Points Pro EA basiert auf dem legendären Entry Points Pro Indikator, der über 450 positive Rückmeldungen auf MQL5 erhalten hat und seit über einem Jahr unter Tausenden von anderen Indikatoren die Nummer 1 ist.  Hier ist ein Video darüber, wie Trading Advisor in MT4 und MT4-Terminals f
555 USD
SouthEast
Sugianto
5 (6)
Only 2 copies left.  Next Price 799$ South EAst EA uses virtual trade in determining position entry and does not use indicators,  and it doesn't require complicated settings because user just needs to upload the already available setfile. Currently there are setfiles for more than 20 fx pairs IMPORTANT!  for a full support and to get instructions on how to set up, pls leave a message on comment tab after making a purchase Signals:   here  | MT5 version : here   Needs: + VPS with good intern
699 USD
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