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Candle Breakout Expert Advisor

Candle Breakout EA is a trading tool for traders using the high and low breakout strategy of a previous candle. The EA waits till the price is higher than the previous candle's maximum or below the previous candle's minimum, and later opens a certain order (you can choose which type of order to open when the extremes are broken). This type of trading is well suited for classic strategies such as day trading on daily charts, breaking the morning candle on Monday, impulse trading, etc.

The Expert Advisor has many useful features that will help the trader to personalize their trading, namely:

  • Time filter - allows the EA to trade only at a certain time.
  • Filter of days of the week - the user can set on which days of the week the advisor is allowed to open orders.
  • Candle size filter - the EA will open orders when the candle size is within a certain range.
  • The MA trend filter - The user can choose which orders the advisor can open if the price is above and below the MA line.
  • Trade confirmed breakouts - the EA will trade only after a candlestick closes above/below the extremes.
  • Powerful order tracking tools - the EA can place stops based on the ATR indicator, close orders when the opposite order type is opened or when the price breaks the opposite extremum.

Brief description of the most important input parameters: 


Main settings:

  • Comment/Magic number for orders - comment/magic number for orders.
  • Maximum allowed slippage - the maximum allowed spread/slippage for orders.

Money management settings:

  • Money Management Type - type of lot calculation. 'Fixed_Lot' - the lot will be fixed, 'LotSize_Per_Balance' - the lot will be determined by the size of the balance (for example, if a user sets 0.1 lot for every 10000 balance size, this means that if the balance size decreases down to 9000, then the lot will be 0.09. If the amount increases to 11000, then the lot will be 0.11). RiskPerTrade - the lot will be calculated based on the risk percentage per trade.
  • Size of the fixed lot, lot-step, or risk percent - fixed lot size, lot size for a certain balance size and the percentage of risk per trade.
  • Balance size for a certain lot - balance size for a certain lot .

Date and time settings:

  • Use trading period - Use a time filter. If 'True' then the EA will trade only at certain period.
  • The start time/end of the trading period  - the start/end of the trading period.
  • Trade only at specific days of week - days of the week when the EA can trade. For example, if in the parameter is set a number '1', then the EA will trade only on Mondays. If the numbers are '1.2', then on Monday and Tuesday. The days of the week must be separated by commas.

Entry conditions:

  • Use MA Filter - use the Moving Average indicator as a trading filter.
  • MA Period - period of the MA indicator.
  • When price is above/bellow the MA line, allow to open only: -  what type of orders to open when the price is above/below the MA line.
  • If a high/low is broken, open an: - what type of order to open when the candle's high/low is broken.
  • The minimum/maximum allowed size of a candle - allowed minimum/maximum candle size. If the size of the candlestick is less/greater than the specified values, the EA will not open orders.
  • Add pips to high/low - an additional number of pips to add to the high/low value in order for a breakout to occur.
  • Open orders only after a confirmed breakout - opens an order only after the breakout candle closes above / below the high.

Order Management:

  • Take-Profit/Stop-loss size Is based on - take profit calculation type: by ATR or fixed. Formula for calculating take profit by ATR: ATR values * to the value specified in the 'Take Profit: ATR multiplier' parameter / minimum change in points of a certain currency pair (for example 0.00001).
  • Take-Profit/Stop-loss: fixed size or ATR Period - a fixed size of take profit or ATR period.
  • Take-Profit/Stop-loss: ATR multiplier - multiplier for the ATR value.

Miscellaneous: 

  • If an order is opened, send: - a type of notification the EA will send when the EA opens an order.
  • If an error occurs, send: -   a type of notification the EA will send when an error occurs.

The full description of the input parameters you'll find the comments page.



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US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Startaktion! Nur noch wenige Exemplare zum aktuellen Preis verfügbar! Nächster Preis: 1533 $ Endpreis: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA ist
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Vollautomatischer Berater nach dem Prinzip von Angebot und Nachfrage . Zum ersten Mal bieten wir einen vollautomatischen Angebots- und Nachfrageberater an . Trading leicht gemacht und Sie haben jetzt die volle Kontrolle über Ihre Handelsstrategie Verwendet ein praktisches grafisches Bedienfeld. Sie erhalten eine sehr hochwertige algorithmische Handelssoftware mit über 15.000 Codezeilen. EA ProBot Angebots- und Nachfrageleitfaden The Best Way to Trade Prop Firms fordert Sie bei jedem Schritt
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Hast du dich jemals gefragt, warum die meisten Expertenberater im Live-Handel trotz ihrer perfekten Backtest-Performance nicht effektiv sind? Die wahrscheinlichste Antwort ist Überanpassung. Viele EAs werden erstellt, um perfekt aus den verfügbaren historischen Daten zu "lernen" und sich anzupassen, aber sie können die Zukunft nicht vorhersagen, da es an Verallgemeinerungsfähigkeit im konstruierten Modell mangelt. Einige Entwickler wissen einfach nicht von der Existenz der Überanpassung, oder s
Daytrade Pro Algo
Profalgo Limited
5 (5)
Aktion starten: Begrenzte Anzahl von Exemplaren zum Tagespreis erhältlich Endpreis: 990 $ NEU: Erhalte 1 EA gratis!   (für 2 Handelskonten) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Willkommen bei DayTrade Pro Algo!   Nachdem ich jahrelang die Märkte studiert und verschiedene Strategien programmiert habe, habe ich einen Algorithmus gefunden, der alles hat, was ein gutes Handelssystem braucht: Es is
Btcusd Grid
Ahmad Aan Isnain Shofwan
BTCUSD GRID EA ist ein automatisiertes Programm, das zur Verwendung der Grid-Handelsstrategie entwickelt wurde BTCUSD GRID EA ist sowohl für Anfänger als auch für erfahrene Händler äußerst nützlich.   Es gibt zwar andere Arten von Trading-Bots, die Sie verwenden können, aber die logische Natur der Grid-Trading-Strategie macht es für Krypto-Grid-Trading-Bots einfach, automatisierten Handel ohne Probleme durchzuführen.   BTCUSD GRID EA ist die insgesamt beste Plattform, wenn Sie einen Grid-Tradin
Dieser EA war früher unser intern genutzter Premium-EA und wird nun nach adaptiven Verbesserungen allen angeboten. Er nutzt stabile Zeitzonenmuster, generiert fast täglich Orders mit einer sehr hohen Gewinnrate und ist besonders für Kunden mit geringem Kapital geeignet. Backtests mit dem MT5-Modus „Jeder Tick basierend auf echten Ticks“ liefern Ergebnisse, die dem Live-Handel sehr ähnlich sind, ohne Anpassungen und zeigen eine langfristige Stabilität, was auf eine ausgereifte Strategie hinweist.
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Wir stellen CyBRG RX vor: Der Trading-Assistent der nächsten Generation Betreten Sie die Zukunft des Tradings mit CyBRG RX, Ihrem hochmodernen Trading-Begleiter, der darauf ausgelegt ist, Ihr Trading-Erlebnis zu verbessern. Mit der Kraft fortschrittlicher neuronaler Netze analysiert und passt sich CyBRG RX an die sich ständig ändernden Marktbedingungen mit beispielloser Präzision an. Signale:   Live Signal 1 Live Signal 2 Da diese Strategie so einzigartig ist, möchte ich nur eine begren
Ai Hybrid Robot MT4
Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
Dark Algo
Marco Solito
4.75 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Version 4.0 2021.02.01
-Small bug fixes