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ROMAN5 Time Breakout EA

ROMAN5 Time Breakout EA with Advanced TrailingStop includes the BreakEven feature. It automatically draws the boxes for daily support and resistance breakouts. When the price is below the support line, it is a sell signal; and when the price is above the resistance line, it is a buy signal.

Advanced TrailingStop comes with 6 indicators: Fractals, Parabolic SAR, Bollinger Bands, Heiken Ashi, Moving Average and a combination of Fractals+Parabolic SAR. Advanced TrailingStop automatically moves the Stop Loss along with the indicator you select.

You can place ROMAN5 Time Breakout EA on any chart. It includes alert that sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified on the Email tab in the MetaTrader 5 settings.

If you set SL=0, the stop loss level will be managed using UseBreakOutStopLoss=true:

  • For BUY positions the stop loss is placed at the support level;
  • For Sell positions the stop loss is placed at the resistance level.

Note: Available for MetaTrader 4. If you are interested in MetaTrader 4 version, please feel free to contact me.

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Version 2.6 2014.06.20
Fixed Broker's Stop Level.
Version 2.5 2013.08.09
- Fixed 'Break Out Stop Loss' when new trade entered.
Version 2.4 2013.08.08
Fixed: Return Codes of the Trade Server for 10008. This is not an error. 10008 shows that your order has been placed.
Version 2.3 2013.08.07
- Added new parameter: "Take Profit in pips in half" - take profit for closing a half of position.
- Fixed Broker's Stop Level.
Version 2.2 2013.06.20
- Added Filling order e.g. if broker does not accept FOK then it will switch over to IOC automatically.
- Fixed 'Only One Buy AND One Sell per Day' input parameter.