Take a Break Indicator MT5
- Indicators
-
Eric Emmrich
Looking for help with Take a Break? Check out the 24/7 Support Assistant at https://trading.custom-solutions.it/support - Version: 26.8
- Updated: 5 August 2026
FREE companion for my trading utility Take a Break.
Since v26 the indicator carries each chart's OWN protection rules — configured right on the chart:
- News filter — pause windows per impact level ("before,after" minutes, "all day", special events by name)
- Profit/loss limits — in $ or %, with an optional cooldown pause after a limit closes trades
- Order limits — maximum open orders, maximum total lots
- Market filters — maximum spread, volatility, daily change
- Trading times — hours, weekdays, days of the year, daily close
- Trade scope — which trades count for this chart: additional symbols, magic numbers, comments, order types
- Info panel — current state, next news event with countdown, pause reason (compact mode available)
- AI assess buttons — get a verdict on a trade idea BEFORE entering
Requires the Take a Break EA v26 or newer. Full story: Take a Break v26 — every chart gets its own rules
Setup (per-chart profiles, v26)
- As a prerequisite, add the URL https://trading.custom-solutions.it to the list of allowed WebRequest URLs (press CTRL+O, tab "Expert Advisors") and run the Take a Break EA on any M1 chart.
- Add the indicator to any chart that should have its own rules — leave "Chart Group" empty (the default): that IS the per-chart mode.
- Configure the chart's rules directly in the indicator's settings. Done — the chart is protected by its own profile, on top of the EA's account-wide protection.
Legacy setup: Chart Groups (works until v27)
The Chart-Group mode below keeps working through all of v26 and is removed with v27 — see the migration walkthrough.
Basic/auto setup (1 TaB EA for managing all charts/EAs)
You want 1 Take a Break EA to manage all other charts/EAs, using the same filter settings for news, drawdown etc for all of them:
- Add the indicator to all charts that should be managed by the Take a Break EA (those with the EAs to pause) and specify a Chart Group.
- Add the Take a Break EA with default settings to any M1 chart.
Advanced setup* (1 TaB EA for managing some charts/EAs only)
You want 1 Take a Break EA to manage only 2 other charts/EAs on EURUSD and GBPUSD, using specific filter settings for news, drawdown etc only for these 2 charts/EAs:
- Add the indicator to the EURUSD chart and specify EURUSD explicitly as the Chart Group.
- Add the indicator to the GBPUSD chart and specify GBPUSD explicitly as the Chart Group.
- Add the Take a Break EA to any M1 chart and specify EURUSD,GBPUSD in the parameter Which Chart Groups should be protected?.
That's it! Take a Break will now take care of your other EAs by applying the filter settings you defined.
* Note that only the paid version gives you full flexibility to set up multiple TaB EAs with different filter settings for different charts/EAs.
Parameters (excerpt)
- Allow One Click Trading: if set to "false", TaB will prevent MetaTrader's built-in One Click Trading panel from being shown on the chart.
- For the per-chart rule parameters (news, limits, trading times ...), see the v26 walkthrough and the "What's new" tab.
General information
- EA version 4.0 has been a major performance upgrade with an almost entirely rewritten code base. This upgrade allows Take a Break to handle even large-scale chart setups while consuming a minimum amount of CPU power. From this version onward, the frequency of the news + time filter checks is controlled by the chart timeframe. Due to this, Take a Break EA must be run on a chart with timeframe M1 so that these checks get executed every minute. Conveniently, the EA will change its timeframe automatically if it was not attached to an M1 chart right away.
- From indicator version 1.30 onward, the chart templates for "Trading is NOT allowed" and "Profit/Loss Limit reached" are auto-created if they do not exist already (legacy Chart-Group mode). That should facilitate the setup process for most use cases of Take a Break. If you want to create custom chart templates (e.g. you want another EA to trade during news) or want to overwrite existing ones, do the following:
- Setup a chart with all required EAs/indicators.
- Attach the Take a Break indicator to this chart.
Specify the corresponding "Chart Group".
Select the "Template Type" you want to create/overwrite ("Trading IS allowed" / "Trading is NOT allowed" / "Profit/Loss Limit reached").
Feedback, improvements or enhancements are appreciated.
If you need any assistance, please contact me.

Great EA and complimentary Indicator! Most important features for me are News Filter and Equity Control - amazing to have both functions in one EA. Now I can sleep well with EAs running 24/7 and be assured that no big negative impact will happen. Another important point is that Eric responses almost immediately and clearly guides on any questions. 5 stars for the product and support!