Improved Breakout
- Experts
- John Signer
- Versione: 1.0
- Attivazioni: 5
The Improved Breakout EA is an automated trading system for MT5 that identifies and trades breakouts from recent support and resistance levels. It is designed for traders who want a rules-based approach with strict risk control and flexible filters.
One important aspect to consider: it was trained and tested on NASDAQ.
Key Features
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Advanced Breakout Detection – Calculates recent support and resistance levels and opens trades only when price breaks out by a defined percentage beyond these levels. Optional confirmation bars and filters ensure only valid breakouts are traded.
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Risk Management – Adjustable risk percentage per trade, stop loss, take profit, and automatic lot size calculation based on account balance.
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Custom Trading Hours – Trade only within defined hours, with an option to automatically close open trades at the session end.
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Trend & Volume Filters – Confirm breakouts with moving average trend alignment and/or volume spikes compared to average levels.
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Fully Automated Execution – Manages entries, exits, and position sizing without manual input.
Technical Details
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Platform: MetaTrader 5 (MT5)
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Strategy Type: Support/resistance breakout trading
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Filters: Trend (MA), Volume confirmation (optional)
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Risk Control: Position sizing by risk %, adjustable SL/TP
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Version: 2.0 (2025 release)
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Fits all market types (forex, crypto, indices), with parameters originally tested on NASDAQ.
Package Includes
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Expert Advisor file (.mq5)