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
2803
philippe germain 2024.06.11 15:14 
 

Good risk/reward ratio.

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PINBAR DESCRIPTION: The Pin Bar EA employs a multi-strategy approach that combines pin bar trading with trend-following and mean-reversion techniques.   A pin bar is a type of candlestick that signals a sharp reversal and rejection of price.  It is defined by a long tail which is called the “shadow” or “wick”.  The tail of the pin bar shows the area of price that was rejected and the implication Is that the price will continue to move opposite to the direction the tail points.  A bearish pin ba
Scalp Unscalp MT4
Connor Michael Woodson
3.5 (4)
Experts
Scalp Unscalp is a short-term bidirectional scalping system that attempts to quickly extract profit from highly accurate entries. Scalp Unscalp live signal coming soon! Current price will be increased. Limited time price 99 USD No grid, no martingale. Every trade is entered on its own Fixed stoploss available, with virtual dynamic trailing stop system Interactive trade panel and precise lot size settings Recommended Chart: EURUSD, GBPUSD, USDCHF, AUDUSD Timeframe: H1 Inputs Lot Size Calculation
Diamond PRO
Fanur Galamov
4.79 (61)
Experts
2 copies left for $199 Next price   ---> $249    Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced positi
Infinity Trader EA
Lachezar Krastev
5 (15)
Experts
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: $447! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Infinity Trader EA Live
Dark Algo
Marco Solito
4.66 (62)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . 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
Fundamental hunter
Sara Sabaghi
Experts
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
Trend Predictor EA
AW Trading Software Limited
4.43 (14)
Experts
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
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Breakout of range
Bachir Chermiti
5 (4)
Experts
Range Breakout Expert Advisor (EA) for MetaTrader5 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 with
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Quantum Matrix MT4
Bachir Chermiti
Experts
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
15
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
4584
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
4584
Reply from developer Bachir Chermiti 2025.05.31 12:34
Try the New Version its even Better
philippe germain
2803
philippe germain 2024.06.11 15:14 
 

Good risk/reward ratio.

Bachir Chermiti
4584
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
4584
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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