Daily Range Breakout

3

Daily Range Breakout EA is a breakout strategy with buys when close of current bar is lowest in past N bars and price of next bar is greater than close of previous bar. Condition for sell trades are the opposite.

The idea is based on Larry Williams Smash Day strategy.

I trade this strategy live and it works in multiple markets. It works best in Daily timeframe.

Not Martingale/Grid Strategy. Real result with stop loss.

You can reproduce the result for Gold using the default parameters.

IMPORTANT! Contact me immediately after the purchase to get a bonus EA!

Send me a message on MQL5

Or Email me: funfunX a protonmail d com (replace X with the answer of (1+2+3+...+10)/55)


Trading Pairs EURUSD, US500, GOLD, Other
Timeframe Daily
Minimum Deposit 100 USD
Leverage 1:100 (Can be higher)
Broker Hedging Account


Instructions

Set Files


Input Value:

magicNumber - the number for the EA to recognize it’s own positions

lot - lot size

tradeLong - True/False whether the EA trades long positions

tradeShort  - True/False whether the EA trades short positions

useTakeProfit - True/False whether the EA uses take profit

useStopLoss - True/False whether the EA uses stop loss

takeProfit - take profit value

stopLoss - stop loss value

useDefaultClose  - True/False whether the EA uses default close condition. Default condition: close is profit greater than 0 and position is held for more than minPositionHoldDay

minPositionHoldDay - minPositionHoldDay for default close condition

lookBackPeriod - look back period of the breakout, larger the value, less trades will occur

useDiffThreshold - filter trades by taking trading only if the change in price is greater than diffThreshold. 

Change in price is calculated by (lookbackHigh - lookbackLow) * 100 / currentClose.

diffThreshold - change in price threshold value


Past performance does not guarantee future returns.

Forex and CFD trading involves significant risk to your invested capital.


Reviews 3
acer56
196
acer56 2023.01.07 03:49 

Wonderful simple and effective ea for a fair price. With further functions like a trailing stop, time stop and a antisignal-function it would be perfect. The seller answers very fast and gives a free ea as a gift.

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Gold Snap — A Fast Profit Capture System for Gold Gold Snap v2.3 Launch Offer: 50% off unlimited licenses for the first 10 buyers (only 3 left), just $399. Includes a free EA for personal use from our internal collection. Offer ends when sold out. Regular price: $799. Live Signal: https://www.mql5.com/en/signals/2362714 Live Signal2: https://www.mql5.com/en/signals/2372603 Live Signal 3 v2. 1 : https://www.mql5.com/en/signals/2379945 Important: After purchase, please contact us via MQL5 priv
Lizard
Marco Scherer
4.08 (61)
Experts
Lizard – Gold EA for XAUUSD | Swing Breakout Expert Advisor for MetaTrader 5 Lizard is a fully automated Gold (XAUUSD) Expert Advisor for MetaTrader 5. It uses a multi-strategy swing breakout system: the EA identifies key swing highs and swing lows on the H1 chart and places pending stop orders (buy stop / sell stop) at calculated entry points. No martingale, no grid, no averaging into losses. Every trade is opened with a defined stop loss and take profit and is managed by a multi-layer exit sys
Morpheus Algo EA MT5
Maxim Kurochkin
5 (6)
Experts
MORPHEUS ALGO EA MT5 See the market structure. Follow the system. Markets keep moving. Your trading process needs a system. Morpheus Algo EA brings Gold and EURUSD into one automated workflow, combining built-in trading logic, configurable exits and visual market context directly on the chart. At its core, Morpheus uses a built-in algorithmic engine with selectable XAUUSD and EURUSD trading logic. Automatic lot sizing, instrument-specific Take Profit and Stop Loss settings and trailing managemen
Bitcoin Chill
Lo Thi Mai Loan
Experts
Live Signal: https://www.mql5.com/en/signals/2393580?source=Site+Profile+Seller Bonus: Buy Bitcoin Chill and choose Diamond Quant EA or Nonstop EA for free. Send me a private MQL5 message with your payment ID and selected bonus. Private Buyer Group: After purchasing, send me a private MQL5 message with your payment ID to join the private group. Verified buyers receive product updates, setup guidance and support. Public Group: Join here !!! Important : Read it !!! If you missed Bitcoin Scalping
Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.68 (31)
Experts
Next Price: $749, Final Price: $999 (Limited Copies At Current Price) If you value honesty and a real trading system built for live trading, not just a perfect-looking straight-line backtest that can end up blowing your account, then this might be for you. Prop Firm Ready! No Martingale / No Grid 23 Months Live Signal +300% Live Growth [Live Signal]  |  [FTMO Results]  |  [Main Portfolio]  |  [Backtest Guide] Why Range Breakout EA is so Stable ? Range Breakout EA is based on a well-known market
Quantum Valhalla
Bogdan Ion Puscasu
Experts
QUANTUM VALHALLA — A NEW FORCE IN GOLD TRADING Six Trading Cores. One Powerful System. A New Era of Intelligent Gold Trading. After months of intensive development, extensive research, and ten major development versions, Quantum Valhalla introduces an entirely new approach to automated Gold trading. Built around six complementary trading cores, intelligent market-regime detection, and a completely redesigned risk-management framework, Valhalla combines multiple trading methodologies into one p
AI Gold Master MT5
Ho Tuan Thang
Experts
WANT THE SAME RESULTS AS THIS BACKTEST? Use the exact same brokers I do: IC MARKETS , IC TRADING . Unlike the centralized stock market, Forex has no single, unified price feed. Every broker sources liquidity from different providers, creating unique data streams. LIVE SIGNAL:  https://www.mql5.com/en/signals/2395909 Forex EA Trading Channel on MQL5: Join my MQL5 channel to update the latest news from me. My community of over 15,000 members on MQL5 . FIRST 10 COPIES AT $199! After that, the price
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rollitquick1
742
rollitquick1 2025.03.19 16:37 

not working

acer56
196
acer56 2023.01.07 03:49 

Wonderful simple and effective ea for a fair price. With further functions like a trailing stop, time stop and a antisignal-function it would be perfect. The seller answers very fast and gives a free ea as a gift.

liko
20
liko 2023.01.01 16:12 

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