Morning Range Breakout

Morning Range Breakout (Free Version)

Morning Range Breakout (Free Version) is a straightforward trading advisor that implements a breakout strategy based on the morning range. It identifies the high and low within a specified time interval (e.g., 08:00–10:00 UTC) and opens a trade on a breakout upward or downward. The free version includes core functionality without restrictions. All parameters and messages are in English, per MQL5 Market requirements.

Key Features

  • Detects morning range based on two UTC hours
  • Enters trades on breakout upward or downward
  • Fixed lot size
  • Customizable Stop Loss and Take Profit
  • Limit of one trade per day
  • Optional breakeven functionality
  • Simple structure for learning and experimentation

Recommendations

  • Best assets: XAUUSD, EURUSD
  • Optimal timeframe: M15
  • Test thoroughly before using on a live account

Additional Information

For detailed setup instructions or a full manual, refer to the comments section or the author’s blog on MQL5.com.

Disclaimer

This advisor is provided for educational and demonstration purposes only. The author is not responsible for any losses. Use at your own risk, adjusting parameters to suit the market.


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Simple Strategy Grid Pro  is a trading advisor combining four indicators (RSI, Stochastic, MACD, ADX) into a grid-based strategy. Suitable for both novice and experienced traders due to its flexible settings and automation. Strategy The advisor enters trades on signal changes from FALSE to TRUE, using RSI > 50, Stochastic > 50, MACD above signal line, and ADX > 25 for long positions (opposite for shorts). Take Profit is calculated from VWAP, with grid steps adjusted via ATR. Key Features Combin
FREE
Daily Range Breakout Optimizer Daily Range Breakout Optimizer is an expert advisor implementing a breakout strategy based on the previous day’s range, with filtering by market structure and trend. Suitable for testing and trading on various symbols, it calculates the daily range, applies filters, and places Buy Stop and Sell Stop pending orders, with position management via breakeven and time limits. How It Works At the start of a new day, the advisor analyzes the previous day’s range (high, low
FREE
Aurum Surge
Vladimir Kuzmin
"Aurum Surge" is a fully automated trend-following breakout scalper for XAUUSD (gold) on the M15 timeframe. The strategy combines a Donchian channel breakout entry with a strict impulse and volatility filter at entry, and a fast break-even lock with a tight trailing step at exit. The goal of the exit engine is smooth, progressive equity growth instead of a few large occasional trades. HOW THE TACTIC WORKS The EA evaluates the market once per closed M15 bar. First it determines the trend dire
FREE
MA Color Candles Indicator MA Color Candles is an indicator for visually displaying market trends by coloring chart candles. It does not add objects or distort price data, instead coloring real candles based on the state of two moving averages. This enables quick trend assessment and use as a filter in trading strategies. How It Works Bullish trend: Fast MA above slow MA, slow MA rising (green candles). Bearish trend: Fast MA below slow MA, slow MA falling (red candles). Neutral state: Candles
FREE
Logic CDV
Vladimir Kuzmin
LogicCDV - Cumulative Delta Volume Trend and Divergence LogicCDV is a volume-driven trend and divergence indicator. It reconstructs the cumulative delta of volume from bar shape, builds a synthetic Heikin-Ashi series on it, and detects divergences between where price closes inside a bar and where the volume delta closes inside its HA candle. These divergences produce buy and sell events. A separate fractal-structure engine tracks breakouts of swing highs and lows to define trend direction. Th
FREE
Zen Basket
Vladimir Kuzmin
ZenBasket is a fully automated mean-reversion Expert Advisor for MetaTrader 5. Instead of chasing breakouts, it waits for the price to stretch to the edge of its short-term range and trades the pull back to the mean — patiently, in both directions, on a set of carefully selected currency pairs. How it trades The advisor identifies quiet, ranging conditions on a higher timeframe and fades the extremes of a price channel, using a dual-oscillator confirmation to enter only when the move looks ex
FREE
Revert IQ
Vladimir Kuzmin
RevertIQ - Regime-Aware Counter-Trend Grid RevertIQ is a counter-trend mean-reversion engine with an adaptive averaging grid. It is not a blind grid that opens and keeps adding regardless of context. Entries are gated by a discrete counter-trend signal, grid averaging stops when the trend flips, and a regime gate filters out unfavorable market conditions before any order is opened. Set files: RevertIQ_AUDCAD_M15_OPTIMAL.set RevertIQ_EURAUD_M15_OPTIMAL.set RevertIQ_EURCAD_M15_OPTIMAL.set Rever
FREE
Simple Strategy Indicator The Simple Strategy indicator is a reliable tool for identifying trend direction, leveraging three popular technical indicators: MACD, RSI, and Stochastic. It provides clear trading signals for quick market analysis. Trend Detection Logic Buy signal: MACD above signal line, RSI > 50, Stochastic > 50 Sell signal: MACD below signal line, RSI < 50, Stochastic < 50 Advantages Suitable for various assets: forex, stocks, cryptocurrencies, indices Optimal on daily (D1) timefr
FREE
Oil Bounce
Vladimir Kuzmin
OilBounce OilBounce is a fully automated trading advisor designed for oil assets. It leverages market patterns following price declines, focusing on specific weekdays with a higher probability of technical rebounds. Strategy The advisor enters trades at a predefined time during the trading session, using an adaptive risk management system. Stop Loss and Take Profit levels are calculated based on the previous day’s volatility. Profitable trades may be closed before the session ends to secure resu
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