RangeForge Breakout Retest
- Experts
- Versione: 1.1
- Attivazioni: 5
RangeForge Breakout Retest is an automated trading Expert Advisor based on price range breakouts and subsequent retests of support and resistance levels.
The EA analyzes closed M15 candles, uses EMA 50 and EMA 200 on the H1 timeframe to identify the market trend, and applies the Average True Range (ATR) indicator to evaluate volatility.
Key Features
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Automatic identification of price range boundaries.
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Detection of confirmed breakouts and retests.
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Automated BUY and SELL execution when trading conditions are met.
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H1 trend confirmation using EMA 50 and EMA 200.
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Optional BUY candle-body strength filter.
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ATR-based volatility and spread filtering.
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Automatic position sizing based on the selected risk percentage.
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Automatic Stop Loss and Take Profit placement.
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Configurable daily loss protection for individual EA instances.
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Optional limit on the number of trades per day.
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Optional protection against delayed entries.
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On-chart status display and signal alerts.
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Support for broker-specific trading volume restrictions.
Recommended Starting Settings
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Primary trading
