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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Javier Gold Scalper: La nostra tecnologia al tuo fianco! Manuale e file di configurazione: contattami dopo l'acquisto per ricevere il manuale e i file di configurazione. Prezzo: il prezzo aumenta in base al numero di licenze vendute. Copie disponibili: 5 Fare trading sull'oro, uno degli asset più volatili del mercato finanziario, richiede elevata precisione, un'analisi accurata e una gestione del rischio estremamente efficace. Il Javier Gold Scalper è stato sviluppato proprio per integrare ques
XG Gold Robot MT4
MQL TOOLS SL
4.35 (40)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
EA Sweet Dreams
Vasiliy Strukov
5 (1)
EA Sweet Dreams è un sistema di trading trend following basato sul mio indicatore. Segue una strategia a griglia Martingale. Questo EA è adatto a qualsiasi coppia di valute e a qualsiasi timeframe, ma offre prestazioni eccezionali su strumenti in forte trend come XauUSD sul timeframe M15. I risultati in tempo reale possono essere visualizzati   qui . Contattami subito dopo l'acquisto per ottenere il bonus personale! Impostazioni e manuale   qui   IMPOSTAZIONI Open new series – true/false - iniz
One Gold MT4
Stanislav Tomilov
4.6 (15)
Presentazione di One Gold EA, un sofisticato robot di trading per l'oro sulla piattaforma Meta Trader, sviluppato per assistere i trader con analisi di mercato avanzate. La nostra tecnologia proprietaria sfrutta reti neurali e algoritmi basati sui dati per analizzare i dati storici e in tempo reale del mercato dell'oro, fornendo informazioni che possono aiutare nel processo decisionale. A differenza delle tradizionali strategie manuali, One Gold EA opera con un intervento minimo, semplificando i
Forex Dominance MT4
Ebrahim Mohamed Ahmed Maiyas
5 (2)
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Forex Market. It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patte
SentinelAI
Valeriia Mishchenko
No losing months since August 2019, with a 2.04% monthly gain: Live performance MT 5 version can be found here Sentinel AI is fully automated trading system is built for major forex pairs such as EURUSD and GBPUSD on the M5 timeframe. By combining price action and mean reversion principles with advanced AI-driven analytics, it is designed to identify potential trend reversals and exploit market inefficiencies with greater accuracy and efficiency. Supported currency pairs: EURUSD, GBPUSD Timefram
GOLD Scalper PRO
Lachezar Krastev
4.46 (24)
ULTIMATE SALE! Get GOLD Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for tra
AI Prop Firms MT4
MQL TOOLS SL
5 (4)
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
Saints Row Aggressive Scalper
Nervada Emeule Adams
2.5 (2)
Saints Row Aggressive Scalper è un Expert Advisor per il trading ad alta frequenza (HFT) costruito per i trader che richiedono esecuzione rapida, entrate precise e prestazioni costanti nei mercati volatili. Progettato specificamente per XAUUSD (Oro) e USTEC (NASDAQ), questo EA è ingegnerizzato per capitalizzare i rapidi movimenti di prezzo utilizzando un approccio di scalping preciso e aggressivo. Funziona eccezionalmente bene durante la sessione di New York, dove liquidità e volatilità creano
Big Forex Players MT4
MQL TOOLS SL
4.73 (45)
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  (positions are sent from our database t
Dark Gold
Marco Solito
4.7 (92)
Dark Gold  is a fully automatic Expert Advisor for  Scalping   Trading on Gold , Bitcoin , Eurusd and Gbpusd. This Expert Advisor needs attention, in fact presents highly customizable. Dark Gold is based on   Dark Support Resistance indicator   (owning it is not necessary) , these Trades can be manage with some strategies. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get Dark Support Resistance indicator for Free , for More info contact me The basic strategy st
Vortex Turbo EA MT4
Stanislav Tomilov
5 (10)
Vortex Turbo — “Scambia la tempesta, controlla il Vortice” Vortex Turbo rappresenta la prossima fase evolutiva del trading intelligente: uno sviluppo unico che unisce un'architettura di intelligenza artificiale all'avanguardia, una logica di mercato adattiva e un controllo preciso del rischio. Basato su comprovati principi algoritmici, integra molteplici strategie in un ecosistema unificato ad alta velocità, alimentato da un nuovo livello di intelligenza predittiva. Progettato come esperto di s
Trend Predictor EA
AW Trading Software Limited
4.47 (15)
AW Trend Predictor EA - un Expert Advisor che opera utilizzando i segnali degli indicatori di tendenza AW Trend Predictor. Utilizza strategie di indicatori TakeProfit e StopLoss. Può utilizzare il filtro multi-timeframe. Ha uno StopLoss o uno StopLoss fisso calcolato dall'indicatore. Il lavoro basato sul tempo e la media sono funzionalmente possibili. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefici: Utilizza uno StopLoss fisso o uno StopLoss dinamico calcolato dall'indi
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Trade Manager Interface MT5
Peter Mueller
4.71 (24)
The Trade Manager Interface is a free utility designed to simplify manual trading in MetaTrader. MT4 Version Available          Manual       +Free Strategy     Gold Breakout Engine Please leave a review, if you like the trade manager. It allows traders to visualize trades directly on the chart, calculate position size automatically, and manage orders with advanced features such as partial take profits, automatic breakeven, and trailing stops. For more advanced features check out: ManHedger This
FREE
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. Check out the free Range Breakout Manual & Recommended Broker   SET FILES Other  free products   Gold Breakout Engine 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 u
FREE
The Supply and Demand Zone Indicator is a powerful and easy-to-use tool designed to help traders identify critical supply and demand zones on the chart. These zones can provide valuable insight into potential market reversals, breakouts, and important price levels where buyers or sellers are likely to take control. The best   FREE Trade Manager . If you want to create your own Hedging or Grid strategies without any coding make sure to check out the   ManHedger Key Features: Automatic Zone Detect
FREE
ManHedger MT5
Peter Mueller
4.83 (6)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING  and watch my video about it. The price of the ManHedger will increase to 250$ after 20 copies sold. Contact me for user support or bug reports or if you want the MT4 version! MT4 Version  I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading s
Make sure to watch my video about the EA before running it on a live account. A variation of this strategy is also used inside the Gold Breakout Engine . Recommended assets: Gold, Bitcoin, USDJPY, and other instruments with strong directional movement or volatility expansion. You can find 2 Set Files here , but I recommend testing the strategy with different settings & optimizing it. The Range Breakout EA is a simple breakout strategy built around the concept of support and resistance ranges fo
FREE
ManHedger MT4
Peter Mueller
5 (2)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
Trade Manager Interface MT4
Peter Mueller
4.71 (14)
The   Trade Manager Interface   is a free utility designed to simplify manual trading in MetaTrader. Please leave a review, if you like the trade manager. It allows traders to visualize trades directly on the chart, calculate position size automatically, and manage orders with advanced features such as partial take profits, automatic breakeven, and trailing stops. This tool focuses on risk control and execution precision, making trade management faster and more efficient. For the advanced trade
FREE
The Supply and Demand Zone Indicator is a powerful and easy-to-use tool designed to help traders identify critical supply and demand zones on the chart. These zones can provide valuable insight into potential market reversals, breakouts, and important price levels where buyers or sellers are likely to take control. The best   FREE Trade Manager . If you want to create your own Hedging or Grid strategies without any coding make sure to check out the   ManHedger Key Features: Automatic Zone Detect
FREE
Make sure to watch my video about the EA before running it on a live account. A variation of this strategy is also used inside the Gold Breakout Engine. Recommended assets: Gold, Bitcoin, USDJPY, and other instruments with strong directional movement or volatility expansion. I recommend testing the strategy with different settings & optimizing it. The Range Breakout EA is a simple breakout strategy built around the concept of support and resistance ranges forming during a predefined time window
FREE
Watch my video about this EA, and read the description (pros & cons) before purchasing!   Making an informed decision always pays off! No AI, No Quantum, No Grid, No Martingale.   This EA is built around a real trading concept: breakouts of major support and resistance levels.  Contact me after purchase for installation support and user guidelines. MT5 Version Price will increase based on live performance & demand. SET FILES The Gold Breakout Engine is a portfolio of 4 different breakout strate
Watch my video about this EA, and read the description before purchasing!   Making an informed decision always pays off! No AI, No Quantum, No Grid, No Martingale.   This EA is built around a real trading concept: breakouts of major support and resistance levels.  Contact me after purchase for installation support and user guidelines. SET FILES   Price will increase based on live performance & demand. Live Signal The Gold Breakout Engine is a portfolio of 4 different breakout strategies trading
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