CustomBreakout
- Experts
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Vincent Jose Proenca
Faccio il trader da oltre dieci anni, specializzato principalmente nei CFD. Ciò che amo del trading è la logica, la disciplina e la creazione di strumenti che semplificano il processo decisionale. Non trovando indicatori adatti al mio approccio, ho iniziato a programmarli io stesso — prima per - Versione: 1.2
Range Breakout EA – Simple Description
Concept
An automated trading robot for MetaTrader 5 that exploits range breakouts with two key periods:
Features
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Automatic market hours management
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Customizable Stop Loss and Take Profit
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Smart Trailing Stop
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Built-in testing mode for simulation
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Detailed logs for monitoring
How It Works
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Records extreme prices at the start of the day
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Waits for a breakout of the secondary range
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Opens a position in the breakout direction
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Automatically manages the trade (SL/TP/Trailing Stop)
The first range (Main Range) is used to determine potential trade levels:
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The high of this range sets the level for a possible buy order.
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The low of this range sets the level for a possible sell order.
No trades are executed at this stage; it only defines the levels.
The second range (Breakout Range) is used to trigger the execution of the trade:
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If the price breaks above the breakout range, the EA opens a buy order at the level defined by the first range.
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If the price breaks below the breakout range, the EA opens a sell order at the level defined by the first range.
In short: the first range sets the potential trade levels, and the second range decides when the trade is actually executed.
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Who Is It For?
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Beginners: Simple to set up
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Experienced traders: Advanced parameters available
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All traders looking for a reliable breakout strategy
Advantages
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Fully automated
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No martingale
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One position per day
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Auto-adapts to trading hours
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Ready to trade in 2 minutes
