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Master Breakout EA

30 USD

Demo downloaded: 69

Published: 11 June 2024

Current version: 2.0

Master Breakout EA

Experts
Menaka Sachin Thorat
Version: 2.0
Updated: 22 February 2025
Activations: 5

Master Breakout EA Description

The Master Breakout EA is a fully automatic Expert Advisor that operates based on breakout strategies involving support and resistance lines or trendlines. The EA manages trades automatically after identifying and responding to breakout scenarios.

Features:

Trade Management:
- The EA offers the flexibility to specify the number of trades to open upon a breakout.
- Each trade is configured with stop loss and target options.
- An optional breakeven function helps secure profits by adjusting the stop loss to the order open price.
- Various trailing stop mechanisms are supported, including the Parabolic SAR, ATR indicator, and previous swing high/low levels.
Breakout Strategy:
- The EA scans the chart for trendlines or horizontal lines.
- A buy order is initiated when the price crosses above a resistance line, and a sell order is initiated when the price crosses below a support line.
- Similarly, a buy order is triggered when the price crosses above the upper trendline, and a sell order is triggered when it crosses below the lower trendline.
- The EA also has an option to draw support and resistance lines or trendlines directly on the chart.
Box Trading Strategy:
- The EA also incorporates a time-based box trading strategy.
- Users can set the box opening and closing times, and the EA calculates the range between the high and low within this timeframe to initiate trades upon breakout.
- This strategy is useful for capturing market trends established during session opening hours.
Usage and Customization:
- You can use any indicator to create objects on the chart, such as support/resistance levels and trendlines.
- Ensure only necessary trendlines and horizontal lines are present on the chart to avoid erroneous trades.
- The EA supports PSAR, ATR, and swing high/low trailing stops for all open orders, including manual ones.

Practical Application:

I use this EA on my live account with default settings on the XAU/USD pair on the M15 timeframe, employing the ATR stop loss. However, it can be adapted for other pairs as well.

set file XAUUSD M15 download link

https://drive.google.com/file/d/1PbcCdlnnaDIsii0hZrHepWSdi9EtiTpd/view?usp=sharing

Additional Notes:

The EA is capable of trading in ranges. Often, the market establishes its direction during the session opening hours, and this EA is designed to capitalize on these trends after a high-low breakout.
The default settings provided are what I use for XAU/USD, with the time range set from 3:00 to 6:00. Orders will be canceled with take profit and stop loss.
It is essential to conduct your own testing, as market conditions vary and better settings might exist. I cannot offer specific advice or predictions on future market movements.

Feel free to use and customize the EA according to your trading strategy and preferences.

Here's the organized list of common inputs for your Expert Advisor (EA) named "Master Breakout EA":

EA Details

EAName: Master Breakout EA (Name of the Expert Advisor)

General Settings

Confirm_Breakout: false (Disable breakout confirmation)
Stop_Closebydirection: false (Disable stop close by direction)
confirm_Breakout_MTF: 0 (Multi-timeframe confirmation level)
Auto_Support_Resistance: false (Enable automatic support and resistance)
Auto_Trendline: false (Disable automatic trendline)
Use_Boxtrading:true (Disable box trading)

Box Trading Settings

Box_start_hours: 03 (Box trading start hour - 3 AM)
Box_start_minutes: 0 (Box trading start minute - 00)
Box_end_hours: 06 (Box trading end hour - 6 AM)
Box_end_minutes: 0 (Box trading end minute - 00)

Trade Settings

LotSize: 0.02 (Trade volume size)
TakeProfit: 0.0 (Take profit value - not set)
StopLoss: 0.0 (Stop loss value)
Max_open_orders: 2 (Maximum number of open orders)

Trailing Stop Settings

Start_Trailing_Stop: true (Enable trailing stop)
Trailing_StopLoss_Method: ATR (Method for trailing stop loss)
PSAR_Step: 0.02 (PSAR step value)
PSAR_Max: 0.2 (PSAR maximum value)
ATR_Period: 14 (ATR period for calculation)
ATR_Multiplier: 2.0 (ATR multiplier for stop loss calculation)
Shifted_price: current (Use current candle for shifted price)
Bars_To_Scan: 5 (Number of bars to scan - last five candles)

Breakeven Settings

A_________________________________4: "=======Advance No loss Function=============" (Section Header)
EnableBreakeven: false (Enable breakeven functionality)
OrderTypeFilter: ALL_ORDERS (Breakeven function applies to all orders)
MinimumProfit: 100 (Breakeven after point)
AdditionalProfit: 0 (Additional profit to breakeven)

Money Management Variables

A_________________________________6: "========== Recovery Option===========" (Section Header)
UseMartingale: false (Use martingale strategy)
MartingaleMultiplier: 2.0 (Martingale multiplier)
MaxMartingaleSize: 10 (Maximum martingale size)
afterLoss: true (Use martingale after losses)
afterWin: false (Use martingale after wins - anti-martingale)
MartingaleTime: 0 (Martingale time)

Trading Time Settings

A_________________________________7: "======= trading Time===========" (Section Header)
__TimeFilter: "TIME FILTER 24 H TIME" (Time filter description)
Start_Hour: 00 (Trading start hour)
Start_Minute: 00 (Trading start minute)
Finish_Hour: 24 (Trading finish hour)
Finish_Minute: 0 (Trading finish minute

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CHRISTMAS SALE — LIMITED TIME! Get Infinity Trader EA with a huge –65% discount AND receive Trend Matrix EA as a FREE BONUS ! Special Christmas Price: $187 (Regular Price: $547 — You Save $360!) FREE BONUS: Trend Matrix EA A powerful multi-symbol strategy packed with advanced features, supporting 10 trading pairs — real value: $447! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Infinity Trader EA Live

187 USD

Only 2/5 copies left at this price ---> Next price 250$ // MT5 Version Gold King AI was created using TensorTrade, an open-source Python framework designed specifically for building, training, evaluating, and deploying robust trading algorithms using reinforcement learning. The algorithm operates during the New York trading session. After analysing the market for a couple of hours to identify areas of interest, it places pending orders that are executed when the price reaches them. This quickl

150 USD

Fundamental Hunter – The Smart Money Tracking Expert Advisor You buy a unique opportunity not an EA. Early buyers get the power first... at a price they'll never get back. Next price will be: $1200 | 3/10 spot remains Next price will be: $1600 | 10/10 spot remains Next price will be: $2000 | 10/10 Final price: $2400 Live result If you are looking for an Expert Advisor that goes beyond indicators and actually understands the market through real economic data , Fundamental Hunter is

1 200 USD

AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description -> HERE / MT5 version -> HERE Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the functi

145 USD

UPDATE — DECEMBER 2025 At the end of November 2024, the Aurum expert advisor was released for sale. Throughout this time, it traded in real market conditions without a news filter, without additional protective restrictions, and without complex limitations — while confidently remaining profitable and stable. This full year of real trading clearly demonstrated the reliability of the trading system. Only after that, based on real experience and statistics, a major update was released in December

300 USD

To get access to MT4 version please click https://www.mql5.com/en/market/product/130055&nbsp ; - This is the exact conversion from TradingView: "Ut Alart Bot Indicator". - You can message in private chat for further changes you need. Here is the source code of a simple Expert Advisor operating based on signals from Ut Bot Indicator . #property copyright "This EA is only education purpose only use it ur own risk" #property link " https://sites.google.com/view/automationfx/home " #property versio

FREE

"The Breakout Master EA is a semi-automatic expert advisor. In semi-automatic mode, you only need to draw support and resistance lines or trendlines, and then the EA handles the trading. You can use this EA for every market and timeframe. However, backtesting is not available in semi-automatic mode. The EA has an option to specify how many trades to open when a breakout occurs. It opens all trades with stop loss and target orders. There is also an optional input for a breakeven function, which

FREE

Evolutionize Your Trading with the UT Alert Bot Indicator for MQL4 The UT Alert Bot Indicator is your ultimate trading companion, meticulously designed to give you an edge in the fast-paced world of financial markets. Powered by the renowned UT system, this cutting-edge tool combines advanced analytics, real-time alerts, and customizable features to ensure you never miss a profitable opportunity. Whether you’re trading forex, stocks, indices, or commodities, the UT Alert Bot Indicator is your k

FREE

Time Range Breakout EA AFX – Precision Trading with ORB Strategy Capture strong market trends with high-precision breakouts using the proven Opening Range Breakout (ORB) strategy! Time Range Breakout EA AFX is a fully automated Expert Advisor that identifies breakout levels within a user-defined trading window and executes trades with precision and safety. No martingale, no grid—just controlled, professional risk management. Why Choose Time Range Breakout EA AFX? Proven ORB Strategy

30 USD

Engulfing Levels Indicator – Smart Entry Zones for High-Probability Trades Overview: The Engulfing Levels Indicator is designed to help traders identify key price levels where potential reversals or trend continuations can occur. This powerful tool combines Engulfing Candle Patterns , Percentage-Based Levels (25%, 50%, 75%) , and Daily Bias Analysis to create high-probability trading zones . Key Features: Engulfing Pattern Detection – Automatically identifies Bullish and Bearish Engulf

FREE

Supertrend with CCI Indicator for MQL5 – Short Description The Supertrend with CCI Indicator is a powerful trend-following tool that combines Supertrend for trend direction and CCI for momentum confirmation. This combination helps reduce false signals and improves trade accuracy. Supertrend identifies uptrends and downtrends based on volatility. CCI Filter ensures signals align with market momentum. Customizable Settings for ATR, CCI period, and alert options. Alerts & Notifications via

FREE

Certainly! A candlestick pattern EA is an Expert Advisor that automates the process of identifying specific candlestick patterns on a price chart and making trading decisions based on those patterns. Candlestick patterns are formed by one or more candles on a chart and are used by traders to analyze price movements and make trading decisions. EA likely scans the price chart for predefined candlestick patterns such as the Hammer, Inverted Hammer, Three White Soldiers, and Evening Star. When it

FREE

Time Range Breakout Strategy The Time Range Breakout strategy is designed to identify and capitalize on market volatility during specific time intervals. This strategy focuses on defining a time range, calculating the high and low within that range, and executing trades when price breaks out of the defined boundaries. It is particularly effective in markets with high liquidity and strong directional movement. Key Features : Customizable Time Range : Users can specify a start time and end time t

40 USD

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