Candle Range Breakout and Reversal MT4 EA

Candle Range Breakout and Reversal MT4 EA by SK

What this EA does:

It find the high-low or open-close from the previous candle trade using that range.

For scalping, user can use shorter candle timeframe.
Everytime there is a new candle, the range is updated to the previous candle.

This process is repeated until trading window ended.

If the candle size is big, there might be only small momentum left for breakout.

That's why reversal strategy should be implemented.

If the range size is bigger than min range size specified by user,
user can add distance pts to activate Reversal Trade Strategy.
If the range size is big and price swing inside the range,
reversal trade can capitalize on that.


Features or Setting:

Parameters must be re-tune or recalibrate according to pairs
and market condition depending how big the price swing in average.

Previous orders should be closed and deleted before trade window time start.

Previous orders should be closed and deleted at the end of trade.
Previous orders should be closed and deleted when there is new candle or new range.

Option to execute order instead of pending order stop
if price is out of range when trading time start.
Should be turn off to be safer.
But by turning on we can catch the trend or momentum.

Order Frequency to limit over trading
or to trade Long only or to trade Short only
if there is strong trend in fundamental or macroeconomics.

Trailing Stop, SL trail market price by pts
when triggered pts from Order Price.

Locking Stop or Breakeven Stop, Lock SL at Order Price by pts
when triggered pts from Order Price.

Partial Close, close partial(some) lot
when triggered pts from Order Price.

*Martingale* option to change lot size after number of trades.

Equity Stop to delete and close orders when triggered.
(*Orders from this EA or all orders within this account)

Disclaimer:
There is no winning guarantee.
Treat this EA as a tool to help you trade, to test on your theory or strategy or parameters.
Combine it with other techniques, fundamentals, macroeconomics.
Since this is a breakout strategy, always look for strong trend or strong momentum
like news, trading session opening (Asia Session, London Session, New York Session).
If you are trading on USD pair, look for USD news and New York opening Session.

Risk:
Sideways or weak momentum hitting multiple StopLoss

Recommendation:

USDJPY pair

Start trading time on New York Session where news or market might push price in one direction


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FOREX MEGA SALE! 50% OFF! Buy WallStreet Recovery PRO with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent
Le Market Reversal Alerts EA est alimenté par l'indicateur du même nom (disponible ici) et se négocie en fonction des changements de structure du marché. L'EA prendra par défaut un échange chaque fois qu'une alerte d'inversion du marché est envoyée par l'indicateur et échangera ces alertes en fonction des conditions et des filtres que vous avez définis dans les paramètres EA. Il dessine des rectangles de support lorsque le prix évolue dans sa direction de tendance actuelle et se négocie lors
Boring Pips MT4
Thi Thu Ha Hoang
4.6 (15)
Vous êtes-vous déjà demandé pourquoi la plupart des conseillers experts ne sont pas efficaces dans le trading en direct, malgré leurs performances parfaites en backtest ? La réponse la plus probable est le surajustement. De nombreux EAs sont créés pour "apprendre" et s'adapter parfaitement aux données historiques disponibles, mais ils échouent à prédire l'avenir en raison d'un manque de généralisabilité dans le modèle construit. Certains développeurs ne connaissent tout simplement pas l'existe
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Profalgo Limited
5 (5)
PROMOTION DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final: 990$ NOUVEAU : Achetez Goldbot One et choisissez 1 EA gratuitement !! (pour 2 comptes commerciaux) REJOIGNEZ LE GROUPE PUBLIC :   Cliquez ici   Offre Combo Ultime     ->     cliquez ici LIVE SIGNAL Présentation de     Goldbot One   , un robot de trading hautement sophistiqué conçu pour le marché de l'or. En se concentrant sur le trading en cassure, Goldbot One exploite à la fois les niveaux de support
MacroAu
Olivier Nomblot
MacroAU (try 15m in tester since Jan - it was a trying time for Gold) new extra modules coming see comments. One trade per day. That's the whole discipline. Not ten trades. Not a grid. One. Gold gives you one clear opportunity most days, and dozens of tempting traps. MacroAU is built to take the first and refuse the rest. Each morning it studies the structure the market has built overnight, decides whether today qualifies at all, then takes a single position with a real stop, a defined target an
Gold Maximum Scalper Expert Advisor de scalping sur l’or pour MetaTrader 4 Gold Maximum Scalper est un EA de trading automatique conçu pour XAUUSD (Or). Il utilise les principaux niveaux du Volume Profile, notamment POC, VAH et VAL, afin d’analyser les réactions du prix, les cassures et les opportunités de trading. Fonctionnalités principales Analyse du Volume Profile avec paramètres configurables. Plusieurs modes d’entrée : Reaction, Reversal, Breakout et Range. Trading en panier avec multiplic
Exotic Adv
Ivan Simonika
Exotic Bot   is a multi -cream multifunctional adviser working on any time frame and in any market conditions. The robot’s work is taken as a system of averaging with the non -geometric progression of the construction of a trading grid. Built -in protection systems: special filters, spreading, internal restriction of trading time. Building a trading grid, taking into account important internal levels. The ability to configure trading aggressiveness. Work postponed orders with trailing orders. T
LE MARCHÉ CHANGE. EUR MACHINE PRO S’ADAPTE AVEC LUI. Pas une seule stratégie pour toutes les situations. Pas un seul signal. Pas un ensemble de règles figé. EUR MACHINE PRO commence par identifier le type de marché auquel il est confronté, puis décide seulement ensuite quelle logique de trading utiliser. Range ? Tendance ? Marché calme ? Forte volatilité ? Des conditions de marché différentes activent des modèles différents, des critères d’entrée différents et une gestion des positions différen
Fortress MT4
Shane Lee
5 (2)
Real Trading Account LIVE SIGNAL 100K:   https://www.mql5.com/en/signals/2388151 Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatic
PolyGold Scalper MT4
Connor Michael Woodson
PolyGold Scalper est un système de scalping à court terme pour XAUUSD qui peut prendre des décisions de trading grâce à son intégration avec l'API de Polymarket. Signal en direct : CLIQUEZ ICI Toutes les opérations de trading sont effectuées dans MetaTrader et ne nécessitent ni clés API ni compte Polymarket. Le graphique comprend un panneau qui reproduit le flux de données de Polymarket et se met à jour toutes les quelques secondes. L'EA n'ouvre que des positions uniques et les gère sans utilise
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Recovery Manager Pro est un système permettant de récupérer les prélèvements d'autres conseillers ou de commandes ouvertes manuellement. RM Pro a la capacité de s’ajuster automatiquement et dynamiquement. Le trader doit sélectionner le niveau de risque et le conseiller travaillera en mode entièrement automatique. Peut fonctionner en mode de récupération et en mode veille ! Si un autre conseiller génère un prélèvement, RM Pro le désactivera, verrouillera la position et lancera le processus de re
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News Catcher Range Breakout MT4 EA "Trade on news and capture sudden price movement" What this EA does: This EA will help you trade on News. User input the news hour and time or read the next news date and time from a text file. The text file should be in MQL4\Files folder for live trading. and in tester\files folder for back test. Specify trading window time, start minutes before and end minutes after news. User can also trade after the news to avoid risk of slippage and capture price revers
Time Range Breakout and Reversal MT4 EA by SK What this EA does: It find the high and low from a specified range period of time and trade using that range. The EA trade on that range breakout. But If the range size is bigger than max range size specified by user, user can add distance pts to activate Reversal Trade Strategy. If the range size is big and price swing inside the range, reversal trade can capitalize on that. It has the option to trade as soon as the time range ended or wait until
Moving Average Reversal and Pullback Range Breakout MT4 EA What this EA does: This EA place pending BUY STOP and SELL STOP order trailing moving average by distance pts. It waits for price to make a reversal trend or hit moving average and make a pullback. Pending order stop trail the moving average until executed. For scalping, change the moving average to shorter period. Please change the Close and Delete orders before and after trade parameter to true. Features or Setting: Parameters must b
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