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Range Breakout incl Safetynet for MT4

This Expert Advisor implements the Range Breakout Strategy, a simple yet effective short-term trading strategy.

  • Easy to use and supervise
  • Fully configurable settings
  • Customizable break-even, SL, TP
  • Built-in money management
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Trading is FIFO (NFA) Compliant


The Range Breakout Strategy

Using this strategy, the trader places a buy stop/limit just above the open price of your defined range and a sell stop/limit just below the open price.

The first stop triggered enters the trader into the trade and the other stop becomes the protective stop.

The research shows that the earlier in the trading session the entry stop is hit the more likely the trade will be profitable at the close.


Input parameters

Money Management

- fixed lotsize
- risk versus capital in % (you define the maximal risk in % per trade. The EA calculates based on the Equity and stop loss the size of the trade)

Time Management

- Range start = beginning of the range in HH:MM
- Range stop = end of the range in HH:MM
- Trade stop = from this point no new trade will be opened, running trades remains
- Position close = at this time ALL open trades will be closed

Risk Management

- TP factor in % = you define the TP range. 100% means the full range size. 150% means 1,5 times the range size
- SL Factor in % = you define the SL range. 100% means the full range size. 150% means 1,5 times the range size
- Min range in pips = the minimum range in pips. If the range is too small, there will be no trade on that day
- Max trades per day = you define the total number of maximum trades per day
- Max buy trades = you define the ratio to the max trades per day
- max sell trades

General settings

- Slippage = slippage you allow
- Magic number = unique number for the EA
- EA comment = definition/name of the EA
- Text color in App Window
- Main rectangular color
- Sub rectangular color
- show comment = show or hide the Trading window


Moving average settings

- use Moving average = activate or deactivate the filter
- Time Frame = on which time frame the filter should run. For this EA the best option is the 1 hour or 4 hour time frame
- period = choose the period for the Moving Average
- shift
- Method
- applied price












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" MF Index EA " is an excellent scalper for trading on the Forex currency market. It implements the "turned on and forgot" function (use VPS). SL is always applied, which allows you to limit losses. Suitable for all currency pairs, gold, WTI. Working timeframe M30 . The MFI indicator calculates the difference between incoming and outgoing cash flows. If the underlying value of the asset is lower than this difference, it means that there is an increase in the incoming money supply and a bull
200 USD
EA No Name
Vitali Vasilenka
4 (2)
Important! Buy 1 advisor get 1 advisor for free. Contact me immediately after purchase for installation instructions and a personal bonus!!! Attention scammers will write to you in telegram Uses my name and photo as my assistants or chat participants with an offer to buy a companion or one license, indicators, settings. I do not sell my programs through telegram. This is my original profile The original programs are available only on the MQL5 website. All software updates and tweaks Free
349 USD
Join telegram group by clicking on the link you will find below my picture's profile. BIG UPGRADE: 1.Improved Strategy. 2.Added input that allows user to change martingale's multiplier after a specific DD. 3.AFTER this DD the enters will be only when there is a reversal. 4.NEW overlap strategy for better management of the DD. Welcome. ️BEFORE TESTING , YOU MUST USE THE FOLLOWING SETS (THE MAIN THING is changing the input " When test set this to 1" ,from default 0 to 1.) The he
650 USD
SouthEast
Sugianto
5 (4)
Only 4 copies left.  Next Price 699$ South EAst EA uses virtual trade in determining position entry and does not use indicators,  and it doesn't require complicated settings because user just needs to upload the already available setfile. Currently there are setfiles for 20 fx pairs Signals:   here  | Setfile & EA Explanation:   here  | MT5 version : here Suggested accounts: + Leverage: 500 Needs: + VPS with good internet connection. Expert input: 1. Manage Open Positions + Trade Buy
599 USD
Breakout Beast EA
Dustin Vlok
5 (4)
Launch Promo: Only 8 copies left at promo of $299! Next price: $349! Final price: $999! The Breakout Beast EA is an advanced breakout EA which is optimized for trading the breakout on US30 (Dow Jones) during the NY session and the breakout on GBPUSD during the London session . Most days when the London & New York market opens there is strong market volatility and momentum which the EA then capitalizes on and makes a profit on it. Using unique advanced logic and special smart calculations of t
299 USD
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