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Candle Range Breakout and Reversal MT4 EA

  • Experts
  • Suyanto
  • Versione: 1.10
  • Aggiornato: 5 marzo 2024
  • Attivazioni: 5

Candle Range Breakout and Reversal MT4 EA by SK


Live Trading on real account

https://www.youtube.com/watch?v=nfJAruSfyL4

https://www.youtube.com/watch?v=ZjKmbiB3OKA



Watch the video for demonstration,  features detail and live streaming trade using this EA on real account.

Also check out my youtube channel for more.

https://www.youtube.com/watch?v=h4oXiAqAIMM

https://www.youtube.com/watch?v=C0BTClVh0EI


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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ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL: Default Setting: https://www.mql5.com/en/signals/2206758 5k Fixed Lot:  https://www.mql5.com/en/signals/2217326 Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the lates
Aura White Edition
Stanislav Tomilov
4.4 (5)
Aura White Edition   is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of   Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPU
Quantum Trade EA
Bogdan Ion Puscasu
4.71 (84)
Presentazione       Quantum Trade EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni, Quantum Trade       EA è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installa
Join Group ( better copy-paste the address) or contact me. https://t.me/ +h7dqVWG3Z01hMzc0 Super LAUNCH OFFER: 189$ Buy not a (fixed or fake) backtest, but a real Life conditions Live Signal *  ( set used here )  The next price is -->> 249 $ VERY IMPORTANT: Before you purchase this EA : Use spread below 30 point. You must have a HEDGE BROKER that allows more than 300 orders at the same time in one account.(contact me if you do not know any .) Super Hedge Modus Multipair function => If you
TrendMaster FX MT4
Chen Jia Qi
4.64 (11)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
AI Nodiurnal EA
Ugochukwu Mobi
AI Nodiurnal EA è un avanzato robot Forex che sfrutta la tecnologia all'avanguardia del machine learning per ottimizzare le strategie di trading e migliorare le performance nel dinamico mercato del cambio. Il termine "Nodiurnal" riflette la sua capacità di adattarsi e operare non solo durante le tipiche ore diurne di negoziazione, ma anche durante periodi non standard, fornendo un approccio continuo e adattativo al trading forex. Impostazioni: Impostazioni predefinite sulla coppia di valute: EUR
Big Forex Players MT4
Marzena Maria Szmit
4.65 (23)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
Bandwagon
ADELYN CASTILLO
4.92 (26)
Guadagno del 240% al 22 mese. Puoi controllare l'account live Bandwagon con prestazioni di 2 anni Banwagon 2 anni o Bandwagon V2 . *NOTA: Ora con uno sconto del 50%! Ottieni subito la tua copia! Aspettatevi un aumento di prezzo ogni mese *ATTENZIONE: DIRE NO ALLA PIRATERIA. Fai attenzione agli utenti che chiedono di ottenere una copia di Bandwagon EA. Bandwagon è in grado di rilevare la pirateria e se il tuo account viene rilevato per fare tali cose, non posso promettere che EA funzionerà anco
Position Trader EA
LEE SAMSON
4.71 (7)
Trasforma qualsiasi strategia di trading in una strategia di trading di posizione o scambia le comprovate strategie di trading di posizione basate su RSI e ADR, incluso il sistema di controllo automatizzato del prelievo per le posizioni che si muovono contro di te. Questo EA è un'evoluzione e una semplificazione dell'MRA EA che è stato utilizzato per molti anni per le strategie di trading di posizione insegnate sul sito web Market Structure Trader. Vedi il mio profilo per un collegamento al sit
Altri dall’autore
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 pri
Time Range Breakout and Reversal MT4 EA by SK Watch the video for demonstration,  features detail and live streaming trade using this EA on real account. Also check out my youtube channel for more. https://youtu.be/F6JdcvjscFE Live Trading: https://www.youtube.com/live/ABAmSJ1Oy9E 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 min range size specified
Moving Average Reversal and Pullback Range Breakout MT4 EA Live Trading on real account https://www.youtube.com/watch?v=nfJAruSfyL4 https://www.youtube.com/watch?v=ZjKmbiB3OKA 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
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Versione 1.10 2024.03.05
Minor Bug Fix