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 Live Signal: https://www.mql5.com/en/signals/2362714 Live Signal2: https://www.mql5.com/en/signals/2372603 Only 3 copies remaining at the current price. The price will be increased to $599 soon. Important: After purchasing, please contact us by private message to receive the user guide, recommended settings, usage notes, and update support.  https://www.mql5.com/en/users/walter2008 Welcome to join our MQL5 channel for product updates and trad
Sharkyra Gold
Nico Demus Sitepu
4.5 (4)
Experts
Only 10  copies left at current  price!,  Next Price 9 99 USD.   T he newest and powerful  Sharkyra  Gold  MT5  of Expert Advisors. My specifically designed to run on the XAUUSD/GOLD pair. Sharkyra  Gold   EA  is a fully automated trading system designed for traders who love speed, accuracy, and consistency. Built with a smart  logic  engine, this EA takes advantage of micro market movements and executes trades with lightning-fast precision making it perfect for volatile market sessions.   Shark
Impulse MT5
Simon Reeves
5 (6)
Experts
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A dual-strategy gold EA that waits for the perfect shot. Live Signal:  https://www.mql5.com/en/signals/2375861 To preserve the market conditions that make this strategy effective, the price increases to $399 after the next 5 sales. Impulse is a momentum grid EA designed exclusively for XAUUSD, combining two independently developed entry strategies into a single unified grid framework. 2 momentum-based scalper strategies
Akali
Yahia Mohamed Hassan Mohamed
3.1 (87)
Experts
LIVE SIGNAL: Click here to view live performance IMPORTANT: READ THE GUIDE FIRST It is critical that you read the setup guide before using this EA to understand the broker requirements, strategy modes and the smart approach. Click here to read the Official Akali EA Guide Overview Akali EA is a high-precision scalping Expert Advisor designed specifically for Gold (XAUUSD). It utilizes an extremely tight trailing stop algorithm to secure profits instantly during periods of high volatility. Thi
Dynamic Liquidity Intelligence
Sathit Sukhirun
4 (4)
Experts
Dynamic Liquidity Intelligence   Discounted   price .     The price will increase by $50 with every 10 purchases. Final price $1999 Live Signal Fix 0.01 Live Signal $2000  300=0.01 Live Signal $5000  500=0.01 Live Signal $10000  1000=0.01 ALL LIVE SIGNALS Conservative: 0.01 Lot per $1,000 balance. Moderate: 0.01 Lot per $500 balance. Aggressive: 0.01 Lot per $300 balance. — A system designed to read the true market structure, accurately hunt liquidity, and execute trades with the utmost disc
Full Throttle DMX
Stanislav Tomilov
5 (11)
Experts
Full Throttle DMX - Real strategy  Real results   Full Throttle DMX is a multi-currency trading expert advisor designed to operate with EURUSD, AUDUSD, NZDUSD, EURGBP, and AUDNZD currency pairs. The system is built on a classical trading approach, using well-known technical indicators and proven market logic. The EA contains 10 independent strategies, each designed to identify different market conditions and opportunities. Unlike many modern automated systems, Full Throttle DMX does not use ris
Range Breakout EA with Range Filters
Jimmy Peter Eriksson
4.41 (17)
Experts
UPDATE - FEW COPIES LEFT AT CURRENT PRICE! Not For Traders Who Want To Flip An Account In One Month No Martingale / No Grid / No AI Professional Breakout System For XAUUSD, USDJPY, BTCUSD, US30, and DE40 Live Results:  Live Signal  |  Main Portfolio  |  FTMO Results  |  Public Community Prop Firm Ready! The Range Breakout EA Range Breakout EA is based on a well-known market behaviour: changes in volatility between trading sessions. Volatility is usually low during the Asian session, creating a
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rollitquick1
653
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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