Candle Breakout Expert Advisor

  • Experts
  • Tom Seljakin
    Tom Seljakin

    Tom Seljakin

    3.7 (8)
    🥇🚀We are professional team of developers/market-makers with more than 12 years of experience in the forex/crypto markets.
    Our services:
    ✅We develop sophisticated EAs for MT4/MT5.
    ✅Create crypto assets on the popular blockchains like Solana, Ethereum, Tron, Binance chain.
    12 produits 8 sujets 16 commentaires
  • Version: 4.0
  • Mise à jour: 1 février 2021
  • Activations: 5
Candle Breakout EA is a trading tool for traders using the high and low breakout strategy of a previous candle. The EA waits till the price is higher than the previous candle's maximum or below the previous candle's minimum, and later opens a certain order (you can choose which type of order to open when the extremes are broken). This type of trading is well suited for classic strategies such as day trading on daily charts, breaking the morning candle on Monday, impulse trading, etc.

The Expert Advisor has many useful features that will help the trader to personalize their trading, namely:

  • Time filter - allows the EA to trade only at a certain time.
  • Filter of days of the week - the user can set on which days of the week the advisor is allowed to open orders.
  • Candle size filter - the EA will open orders when the candle size is within a certain range.
  • The MA trend filter - The user can choose which orders the advisor can open if the price is above and below the MA line.
  • Trade confirmed breakouts - the EA will trade only after a candlestick closes above/below the extremes.
  • Powerful order tracking tools - the EA can place stops based on the ATR indicator, close orders when the opposite order type is opened or when the price breaks the opposite extremum.

Brief description of the most important input parameters: 


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Main settings:

  • Comment/Magic number for orders - comment/magic number for orders.
  • Maximum allowed slippage - the maximum allowed spread/slippage for orders.

Money management settings:

  • Money Management Type - type of lot calculation. 'Fixed_Lot' - the lot will be fixed, 'LotSize_Per_Balance' - the lot will be determined by the size of the balance (for example, if a user sets 0.1 lot for every 10000 balance size, this means that if the balance size decreases down to 9000, then the lot will be 0.09. If the amount increases to 11000, then the lot will be 0.11). RiskPerTrade - the lot will be calculated based on the risk percentage per trade.
  • Size of the fixed lot, lot-step, or risk percent - fixed lot size, lot size for a certain balance size and the percentage of risk per trade.
  • Balance size for a certain lot - balance size for a certain lot .

Date and time settings:

  • Use trading period - Use a time filter. If 'True' then the EA will trade only at certain period.
  • The start time/end of the trading period  - the start/end of the trading period.
  • Trade only at specific days of week - days of the week when the EA can trade. For example, if in the parameter is set a number '1', then the EA will trade only on Mondays. If the numbers are '1.2', then on Monday and Tuesday. The days of the week must be separated by commas.

Entry conditions:

  • Use MA Filter - use the Moving Average indicator as a trading filter.
  • MA Period - period of the MA indicator.
  • When price is above/bellow the MA line, allow to open only: -  what type of orders to open when the price is above/below the MA line.
  • If a high/low is broken, open an: - what type of order to open when the candle's high/low is broken.
  • The minimum/maximum allowed size of a candle - allowed minimum/maximum candle size. If the size of the candlestick is less/greater than the specified values, the EA will not open orders.
  • Add pips to high/low - an additional number of pips to add to the high/low value in order for a breakout to occur.
  • Open orders only after a confirmed breakout - opens an order only after the breakout candle closes above / below the high.

Order Management:

  • Take-Profit/Stop-loss size Is based on - take profit calculation type: by ATR or fixed. Formula for calculating take profit by ATR: ATR values * to the value specified in the 'Take Profit: ATR multiplier' parameter / minimum change in points of a certain currency pair (for example 0.00001).
  • Take-Profit/Stop-loss: fixed size or ATR Period - a fixed size of take profit or ATR period.
  • Take-Profit/Stop-loss: ATR multiplier - multiplier for the ATR value.

Miscellaneous: 

  • If an order is opened, send: - a type of notification the EA will send when the EA opens an order.
  • If an error occurs, send: -   a type of notification the EA will send when an error occurs.

The full description of the input parameters you'll find the comments page.

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Daniel Moraes Da Silva
5 (1)
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XGen Scalper MT4
Burak Baltaci
3 (2)
Experts
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Nguyen Hang Hai Ha
5 (1)
Experts
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Lachezar Krastev
4.39 (51)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
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Manpreet Singh
4.93 (257)
Experts
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Lee Samson
4.13 (23)
Experts
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
BB Return mt4
Leonid Arkhipov
4.89 (18)
Experts
BB Return — un Expert Advisor (EA) pour le trading de l’or (XAUUSD). Cette idée de trading a été utilisée auparavant par moi-même en trading manuel . Le cœur de la stratégie repose sur le retour du prix vers la zone des Bollinger Bands , mais pas de manière mécanique ni à chaque contact. Sur le marché de l’or, les bandes seules ne suffisent pas ; l’EA utilise donc des filtres supplémentaires afin d’écarter les conditions de marché faibles ou non exploitables. Les positions sont ouvertes uniqueme
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Nguyen Hang Hai Ha
2.5 (6)
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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Leonid Arkhipov
4.94 (34)
Experts
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Achmad Fathoni
5 (2)
Experts
AFTrade Scalper EA is an automated trading robot designed for XAUUSD / GOLD 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 (
Quantum Nexus MT4
Farell Edson Mazarin
Experts
Quantum Nexus est un Expert Advisor innovant qui réunit l’analyse quantitative, la validation à plusieurs niveaux, des algorithmes de suivi de tendance, des mécanismes de suivi des positions et la surveillance statistique au sein d’un système de trading automatisé unifié. La réalisation de ce produit a nécessité des décennies d’expérience en développement et une année de préparation pour créer Quant v5 — un outil d’analyse quantitative de niveau hedge fund doté de tests OOS continus sur fenêtres
Neuralis Cortoid Gold
Olivier Nomblot
Experts
NEURALIS CORTOID GOLD   The Adaptive Intelligence Built Exclusively for XAUUSD     For NDX       https://www.mql5.com/en/market/product/187869   https://www.mql5.com/en/signals/2385985  ; Early days the brain started learning . You can set the EA one timeframe, one trade  . I use a few timeframes and a basket , but this EA in no way is a grid or martigale ; you set the lots and no of trades. Back tests on neurals are very difficult especially in mt4 ; the mt5 version of this EA has excellent ba
Trend Catcher Exp
Ramil Minniakhmetov
5 (2)
Experts
Trend Catcher EA analyse les mouvements de prix du marché à l'aide d'indicateurs d'analyse de tendance adaptatifs, propriétaires et personnalisés. Il identifie la véritable direction du marché en filtrant les fluctuations à court terme et en se concentrant sur la force du momentum sous-jacent, l'expansion de la volatilité et la structure des prix. En combinant les capacités de lissage et de filtrage des tendances d'indicateurs personnalisés spécifiques, tels que les moyennes mobiles, le RSI et
Kenni Trades Gold Breakout MT4
Ken Rmah
Experts
Limited-time 30-day promotion: Get Kenni Trades Gold Breakout for only $499.99 —regularly $799.99 —and receive Kenni Daily Scalp Breakout Gold FREE with your purchase. This exclusive offer is available for 30 days only. Kenni Trades Gold Breakout  now includes three selectable trading modes:   Kenni Gold Breakout ,   Kenni Daily Scalp Breakout Gold , and   Kenni Prop Firms . Kenni Trades Gold Breakout  is an automated trading system developed specifically for Gold on MetaTrader 4 hedging account
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