Price Break Daily Range Fix Lot EA

📌 Short Description

Price Break Daily Range Fix Lot EA is a high-momentum breakout EA tailored for the H4 timeframe, capturing structural daily breakouts past previous high/low boundaries with fixed position sizing.

📄 Full Description

Overview

Price Break Daily Range Fix Lot EA is designed to capitalize on institutional breakout momentum when price expands beyond the previous day’s structural boundaries. By tracking the Previous Day High (PDH) and Previous Day Low (PDL), this Expert Advisor triggers crisp market executions upon confirmed price breakouts.

Specially optimized and engineered for the H4 Timeframe, the EA effectively filters out lower-timeframe market noise while maintaining a clean, systematic execution model.

Trading Logic

The EA monitors price action relative to key daily reference levels:

  • BUY Signal (Bullish Breakout):

    • Triggered when price breaks strictly above the Previous Day's High

  • SELL Signal (Bearish Breakout):

    • Triggered when price breaks strictly below the Previous Day's Low 

Key Features & Customizable Parameters

  • Fix Lot Size: Direct, manual control over order volume per trade (e.g., 0.01 , 0.10 ), providing straightforward position management for traders who prefer fixed sizing.

  • Take Profit (TP in Pips): Hard profit target distance per trade.

  • Stop Loss (SL in Pips): Defined protection boundary per trade.

Timeframe & Best Practices

  • Recommended Timeframe: H4 (4-Hour Chart). The H4 timeframe provides optimal chart clarity to capture genuine trend expansion while minimizing whipsaws and false breakouts.

  • Lot Size Allocation: Ensure your fixed lot size input aligns with your account capital to prevent over-exposure on highly volatile assets.

⚠️ Important Risk Warning & Optimization Notice

Important Notice: Do not trade live accounts using default input settings! Default parameters are pre-configured strictly to comply with MQL5 Market automated validation testing requirements. Market volatility, daily ranges, and average true range (ATR) vary significantly across different pairs and instruments (such as XAUUSD, Forex majors, or Indices). 

Traders must backtest, optimize Stop Loss, Take Profit, and Lot Size parameters for their specific instrument on the H4 timeframe, and validate execution on a demo account prior to live deployment.


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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
Market Anomalies EA
Jimmy Peter Eriksson
4.94 (18)
PRICE INCREASE SOON! NOT MADE TO HAVE A PERFECT STRAIGHT LINE FAKE BACKTEST. Made For Actual Real Live Long Term Trading. No Martingale / No Grid / No Bullshit Live Results:  Live Signal  |  Main Portfolio  | FTMO Results  |  Public Community Prop Firm Ready! What is Market Anomalies EA ? Market Anomalies EA is designed exclusively for USDJPY and is built for the MT5 platform. It uses a multi-strategy approach, applying breakout logic to capture the dominant intraday trend of the day, combined
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Suci Ridha Krismayanti
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Description: This utility automates Take Profit (TP) and Stop Loss (SL) levels for your trades, calculated in % of Balance. Example : if you type 1, it means 1% of your Balance . It ensures consistent risk management for all your positions. Crucial Note for Manual Traders: If you intend to use this utility on trades opened manually (without an Expert Advisor), you must change the 'Magic Number' setting to 0 (zero) . This allows the utility to correctly identify and manage your manual orders.
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Settings Change Magic Number at The Top of the Setting to Zero for Manual Trade Profit threshold (pips) : this is the threshold (in pips) an order has to hit, before the SL is set and the SL starts trailing. Before the threshold is hit, the module will have no effect. Example: if this value is set to 30, then the SL will be set (and the trailing will start) when the order has a profit of 30 pips. Trail start value (pips) : the amount of pips where the SL starts trailing. The SL is set at: Open
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