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Support and Resistance Breakout MT4

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Published: 16 February 2026

Current version: 1.13

Support and Resistance Breakout MT4

Experts
Peter Mueller
Version: 1.13
Updated: 15 April 2026

This is an automated trading system for MetaTrader based on an objective and rule-based definition of support and resistance levels.

I do not guarantee any profits using this Expert Advisor.

Manual & Recommended Broker SET FILES

Other free products

Strategy Logic

This EA defines resistance as the highest price within a predifined number of recent candles, confirmed by a predefined downward movement. Support is defined symmetrically using the lowest price and an upward confirmation move.

When a new level is detected:

A pending stop order is placed at that level
Fixed SL and TP are applied
Optional Trailing Stop can be enabled
Each level has an expiration time to avoid trading inactive zones

Market Conditions

The strategy follows a trend-based breakout approach. It is generally more suitable for instruments that show sustained directional movement such as indices, gold and bitcoin.

Higher timeframes (H1, H4, D1) are typically more stable due to reduced market noise and lower relative transaction costs. Performance may deteriorate in choppy market conditions.

This is not a martingale, grid or hedging system, though martingale can be applied, if your risk appetite allows it.

Inputs

Timeframe: The timeframe used for breakout analysis.
SR Period: The number of candles that define a local support/resistance.
SR Overlook: The number of candles before a local support/resistance, which need to be below the resistance or above the support, for the level to be valid.
SL percentage: The fixed stop loss percentage used for all trades.
TP percentage: The fixed take profit percentage used for all
Use Martingale: Set to true if you want the strategy to use martingale (Dangerous)
Show support/resistance levels on the chart: Set to true if you want the levels to be displayed on your chart.
Enable Trailing stop: Set to true if you want to use trailing stops
Traling stop distance: The percentage to be used as traling stop.
Trailing activation distance: The percentage of profit distance the trade should have before activating the Trailing stop.
Orderdistance: The distance in percentage above/below the level, where the pending orders should be placed.
Expiry: The expiry hours to be used for the strategy to avoid trading inactive levels.
Balance Percentage: The percentage of your balance you want to allocate to the strategy. This will be used for the strategy's base balance then.
Maximum Drawdown: The allowed drawdown percentage of the allocated balance.
Maximum Daily Drawdown: The allowed daily drawdown.
Risk percentage per trade: The percentage of the allocated balance will be the risk each placed trade has.
Comment: Comment of the trades.
Magic Number: The magic number of the trades.

Recommended Use

Use on trending instruments
Test on H1, H4, or D1 timeframes
Optimize parameters carefully per symbol
Always forward-test on a demo account before live trading

more...

Video Support and Resistance Breakout MT4

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This is an automated trading system for MetaTrader based on an objective and rule-based definition of support and resistance levels. I do not guarantee any profits using this Expert Advisor. Check out the free Range Breakout Manual & Recommended Broker SET FILES Other free products Gold Breakout Engine Strategy Logic This EA defines resistance as the highest price within a predifined number of recent candles, confirmed by a predefined downward movement. Support is defined symmetrically u

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The Supply and Demand Zone Indicator is a powerful and easy-to-use tool designed to help traders identify critical supply and demand zones on the chart. These zones can provide valuable insight into potential market reversals, breakouts, and important price levels where buyers or sellers are likely to take control. The best FREE Trade Manager . If you want to create your own Hedging or Grid strategies without any coding make sure to check out the ManHedger Key Features: Automatic Zone Detect

FREE

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING and watch my video about it. The price of the ManHedger will increase to 250$ after 20 copies sold. Contact me for user support or bug reports or if you want the MT4 version! MT4 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading s

199 USD

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading strategies, to profit from ranging markets. Place orders easil

199 USD

The Trade Manager Interface is a free utility designed to simplify manual trading in MetaTrader. Please leave a review, if you like the trade manager. It allows traders to visualize trades directly on the chart, calculate position size automatically, and manage orders with advanced features such as partial take profits, automatic breakeven, and trailing stops. This tool focuses on risk control and execution precision, making trade management faster and more efficient. For the advanced trade

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Make sure to watch my video about the EA before running it on a live account. A variation of this strategy is also used inside the Gold Breakout Engine . Recommended assets: Gold, Bitcoin, USDJPY, and other instruments with strong directional movement or volatility expansion. You can find 2 Set Files here , but I recommend testing the strategy with different settings & optimizing it. The Range Breakout EA is a simple breakout strategy built around the concept of support and resistance ranges fo

FREE

Watch my video about this EA, and read the description (pros & cons) before purchasing! Making an informed decision always pays off! No AI, No Quantum, No Grid, No Martingale. This EA is built around a real trading concept: breakouts of major support and resistance levels. Contact me after purchase for installation support and user guidelines. MT5 Version Price will increase based on live performance & demand. SET FILES The Gold Breakout Engine is a portfolio of 4 different breakout strate

399 USD

Watch my video about this EA, and read the description before purchasing! Making an informed decision always pays off! No AI, No Quantum, No Grid, No Martingale. This EA is built around a real trading concept: breakouts of major support and resistance levels. Contact me after purchase for installation support and user guidelines. SET FILES Price will increase based on live performance & demand. The Gold Breakout Engine is a portfolio of 4 different breakout strategies trading Gold (XAUUS

399 USD

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