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Range Breakout and Recovery

100 USD

Demo downloaded: 11

Published: 18 February 2025

Current version: 1.13

Range Breakout and Recovery

Experts
Rando Pajuste
Version: 1.13
Updated: 19 February 2025
Activations: 10

Range Breakout and Recovery MT4 is a sophisticated automated trading system that combines range breakout strategy with unique recovery functionality.
This EA monitors price action during a specified time window, identifies the trading range, and automatically sets orders for potential breakouts.

Key Features

Dynamic Range Detection: Monitors and identifies price range during your specified time period
Automated Order Management: Automatically sets Stop orders at range boundaries
Flexible Risk Management: Supports both fixed lot and percentage-based risk management
Break-Even: Automatic loss protection feature for profitable positions
Trailing Stop: Dynamic profit protection system
Recovery Function: Optional smart one-trade Martingale recovery system for losing trades

Advantages

Easy Setup
- Clear and intuitive input parameters
- Visual range display on chart
- Real-time information panel
Advanced Risk Management
- Fixed lot or percentage-based risk
- Customizable SL/TP ratio
- Break-Even protection
- Trailing Stop protection
- Optional recovery system for advanced users
Versatile Trading Options
- Customizable trading hours
- Flexible entry and exit rules
- Multiple protection mechanisms

Input Parameters

Fixed Lot Size or Money Management
Percentage Risk based on Range Size
Take Profit and Stop Loss Ratios
Break-Even and Trailing Stop Settings
Recovery System Parameters
Trading Time Settings

Safety Features

Customizable Buffer Distance for Stop Orders
Option to Delete Opposite Orders
Automatic End-of-Day Position Closure
Scheduled Pending Order Deletion

Requirements

MT4 Platform
Recommended for major currency pairs. Works good with USDJPY and GBPUSD.
Minimum deposit $500, laverage 1:100, also depends on chosen MM strategy off/on, lot size and broker requirements
Works on all timeframes (H1 recommended)

Recommended Settings

Initial testing with fixed lot size
Conservative Break-Even and Trailing Stop settings
Recovery system should be used with caution (recommended MM off).

Disclaimer

Trading involves substantial risk of loss. Past performance is not indicative of future results.
The recovery system involves increased risk and should be used with caution. Always test on demo account first.

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