Break Out of Range

2.67
Range Breakout Expert Advisor (EA) for MetaTrader4

PS : This Expert Was Downloaded  over 1200 Time , When we reach 2000 Download i ll increase the Price 


Key Features:

Fixed Lot Size / Martingale Option:

  •    Fixed Lot Size:* The EA allows you to set a constant lot size for each trade.
  •    Martingale Option:* Alternatively, you can enable the Martingale strategy, which increases the lot size after a losing trade to recover losses.

Trading Between Specific Times:

  •     The EA only opens trades within a specified time range (e.g., 08:00 to 18:00). This helps avoid trading during low-liquidity periods.

Trading Days :

Take Profit and Stop Loss as Multipliers of the Range:

  •     The take profit (TP) and stop loss (SL) levels are calculated based on a multiplier of the range width (distance between support and resistance).
  •     For example, if the range is 50 pips and the multiplier is 2, the TP and SL would be 100 pips.
EMA Option to Detect Trend:
  •    The EA uses an Exponential Moving Average (EMA) to filter trades in the direction of the trend.
  •    Only trades in the direction of the EMA trend are taken (e.g., only long trades if the price is above the EMA).
Trailing Stop Loss:
  •    A trailing stop loss option is available to protect profits.
  •    The stop loss moves in the direction of the trade as the price moves favorably, locking in profits as the trade progresses.
How The EA +Works:

1. Identify the Range:
  •    The EA monitors the market to identify a price range with clear support and resistance levels.
2. Wait for a Breakout:
  •    The EA waits for the price to break above the resistance level or below the support level.
3. Check the Trend (if EMA is enabled):
  •    The EA checks the EMA to ensure the breakout is in the direction of the trend.
4. Place Trades:
  •    When a breakout is confirmed in the direction of the trend, the EA places a trade.
  •    The lot size is either fixed or adjusted according to the Martingale strategy.
5. Set TP and SL:
  •    The EA sets the take profit and stop loss based on the range multiplier.
6. Apply Trailing Stop Loss:
  •    As the trade moves in the favorable direction, the trailing stop loss adjusts to lock in profits.
Example Settings:

- Fixed Lot Size: 0.1 lots
- Martingale Multiplier: 2 (if enabled)
- Trading Time: 08:00 to 18:00
- Range Multiplier for TP/SL: 2
- EMA Period: 50
- Trailing Stop Loss: 20 pips

This EA helps automate the range breakout trading strategy, allowing traders to focus on other tasks while the EA manages trade entries, exits, and risk management based on the defined parameters.



























Reviews 5
philippe germain
2800
philippe germain 2024.06.11 15:14 
 

Good risk/reward ratio.

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EA Gold Stuff is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. Real-time results can be viewed  here . Contact me immediately after the purchase to get personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual   here  Please note that I do not sell my
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Janet Abu Khalil
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Agus Santoso
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EA Black Dragon
Ramil Minniakhmetov
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EA Black Dragon runs on the trend indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. Be careful i not sell EA or sets at telegram it scam. All settings free here at   blog .  IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·       
One Gold MT4
Stanislav Tomilov
4.68 (19)
Experts
One Gold - Future of Trading Introducing One Gold EA, a sophisticated trading robot for gold on the Meta Trader platform, developed to assist traders with advanced market analysis. Our proprietary technology leverages neural networks and data-driven algorithms to analyze both historical and real-time gold market data, providing insights that can aid in decision-making. Unlike traditional manual strategies, One Gold EA operates with minimal intervention, streamlining the trading process and aimin
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
Goblin Gold Scalper
Thi Tra Mi Duong
3.67 (3)
Experts
The Goblin Gold Scalper EA is a fully automated trading robot that has been developed over the years. EA's trading strategy has been optimized for Gold with a unique strategy based on Price Action and basic indicators. This is a scalper strategy so it usually trades in a short period of time, trades are closed quickly with Stop Loss and Trailing Stop. EA has optimized settings and now it's simple to use for everyone. You just need to set your Lot Size. Feature:  + Fully automated trading 24/5 w
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EA Overview: The Quantum Matrix MT4 The Quantum Matrix MT4 is an advanced automated trading Expert Advisor for MetaTrader 4, designed with multiple risk management, trend filtering, and position scaling strategies. It combines smart lot sizing techniques, trend indicators, and basket-based profit management to maximize profitability while maintaining tight control over drawdowns and trading behavior. IMPORTANT! :  After the purchase please send me a private message to receive the installation
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Paoloforex2413
25
Paoloforex2413 2025.07.30 15:23 
 

This should be an excellent EA but it doesn't open opposites trends with martingale progression. Only one trade with tp and sl. May you adjust it?

janwan
223
janwan 2024.07.17 10:15 
 

I can't get any result in strategy tester on time frame 5 min 15 min and 30 min on eurusd and other currency pairs.

Bachir Chermiti
6300
Reply from developer Bachir Chermiti 2025.05.31 12:34
I gues there is something wrong with your Strategy Tesrer , please try to download some history Data and try the New Version
GoodMan54
104
GoodMan54 2024.07.10 15:28 
 

User didn't leave any comment to the rating

Bachir Chermiti
6300
Reply from developer Bachir Chermiti 2025.05.31 12:34
Try the New Version its even Better
philippe germain
2800
philippe germain 2024.06.11 15:14 
 

Good risk/reward ratio.

Bachir Chermiti
6300
Reply from developer Bachir Chermiti 2024.06.17 17:26
That's great , i hope you like it
gxxr1130
14
gxxr1130 2024.05.29 18:20 
 

User didn't leave any comment to the rating

Bachir Chermiti
6300
Reply from developer Bachir Chermiti 2024.05.29 18:45
thank you very much , thats my pleasure , stay tuned for more updates in the EA , Version 2.0 will be availble in 2 weeks
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