Support and Resistance Breakout MT4

This is an automated trading system for MetaTrader based on an objective and rule-based definition of support and resistance levels.

I do not guarantee any profits using this Expert Advisor.

Manual & Recommended Broker  SET FILES

Other free products

Strategy Logic

This EA defines resistance as the highest price within a predifined number of recent candles, confirmed by a predefined downward movement. Support is defined symmetrically using the lowest price and an upward confirmation move.

When a new level is detected:

  • A pending stop order is placed at that level
  • Fixed SL and TP are applied
  • Optional Trailing Stop can be enabled
  • Each level has an expiration time to avoid trading inactive zones

Market Conditions

The strategy follows a trend-based breakout approach. It is generally more suitable for instruments that show sustained directional movement such as indices, gold and bitcoin.

Higher timeframes (H1, H4, D1) are typically more stable due to reduced market noise and lower relative transaction costs. Performance may deteriorate in choppy market conditions.

This is not a martingale, grid or hedging system, though martingale can be applied, if your risk appetite allows it.

Inputs

  • Timeframe: The timeframe used for breakout analysis.
  • SR Period: The number of candles that define a local support/resistance.
  • SR Overlook: The number of candles before a local support/resistance, which need to be below the resistance or above the support, for the level to be valid.
  • SL percentage: The fixed stop loss percentage used for all trades.
  • TP percentage: The fixed take profit percentage used for all 
  • Use Martingale: Set to true if you want the strategy to use martingale (Dangerous)
  • Show support/resistance levels on the chart: Set to true if you want the levels to be displayed on your chart.
  • Enable Trailing stop: Set to true if you want to use trailing stops
  • Traling stop distance: The percentage to be used as traling stop.
  • Trailing activation distance: The percentage of profit distance the trade should have before activating the Trailing stop.
  • Orderdistance: The distance in percentage above/below the level, where the pending orders should be placed.
  • Expiry: The expiry hours to be used for the strategy to avoid trading inactive levels.
  • Balance Percentage: The percentage of your balance you want to allocate to the strategy. This will be used for the strategy's base balance then.
  • Maximum Drawdown: The allowed drawdown percentage of the allocated balance.
  • Maximum Daily Drawdown: The allowed daily drawdown.
  • Risk percentage per trade: The percentage of the allocated balance will be the risk each placed trade has.
  • Comment: Comment of the trades.
  • Magic Number: The magic number of the trades.

Recommended Use

  • Use on trending instruments
  • Test on H1, H4, or D1 timeframes
  • Optimize parameters carefully per symbol
  • Always forward-test on a demo account before live trading

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Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
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DMITRII GRIDASOV
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5 (2)
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Vasiliy Strukov
Experts
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Experts
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EA Sweet Dreams est un système de trading de suivi de tendance basé sur mon propre indicateur. Il utilise une stratégie de grille de martingale. Cet EA convient à toutes les paires de devises et à toutes les unités de temps, mais il est particulièrement performant sur les paires en forte tendance comme XAU/USD sur l'unité de temps M15. Les résultats en temps réel peuvent être consultés   ici. Contactez-moi immédiatement après l'achat pour obtenir un bonus personnel ! Paramètres et manuel   ici  
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Achmad Fathoni
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AFTrade Scalper EA is an automated trading robot designed for XAUUSD using a breakout-based scalping approach. The EA focuses on very short-term opportunities with controlled risk management, fixed lot options, trading session filters, and a three-stage trailing stop system consisting of Trailing Start, Trailing Stop, and Trailing Step. No grid and no martingale, every trade has a defined Take Profit and Stop Loss. Please see below live signal of this EA : Live Signal Broker IC Markets (startin
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5 (1)
Experts
Expert Gold Moon Scalper is a fully automated Expert Advisor designed specifically for the Gold market (XAUUSD). The EA combines price action analysis, tick-based market behavior, and technical indicator confirmation to identify high-probability trading opportunities. The strategy uses Stop Orders to capture momentum during Gold's fast price movements, helping reduce premature entries in volatile conditions. Positions are managed with a combination of scalping logic, dynamic trailing, and predef
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Konstantin Kulikov
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Experts
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
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LEE SAMSON
4.64 (11)
Experts
Transformez n'importe quelle stratégie de trading en une stratégie de trading de positions ou négociez les stratégies de trading de positions éprouvées basées sur le RSI et l'ADR, y compris un système de contrôle automatisé des retraits pour les positions qui évoluent contre vous. Cet EA est une évolution et une simplification de l'EA MRA qui est utilisé depuis de nombreuses années pour les stratégies de trading de positions enseignées sur le site Web Market Structure Trader. Consultez mon prof
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Profalgo Limited
5 (5)
Experts
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
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