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Range Breakout incl Safetynet for MT4

This Expert Advisor implements the Range Breakout Strategy, a simple yet effective short-term trading strategy.

  • Easy to use and supervise
  • Fully configurable settings
  • Customizable break-even, SL, TP
  • Built-in money management
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Trading is FIFO (NFA) Compliant


The Range Breakout Strategy

Using this strategy, the trader places a buy stop/limit just above the open price of your defined range and a sell stop/limit just below the open price.

The first stop triggered enters the trader into the trade and the other stop becomes the protective stop.

The research shows that the earlier in the trading session the entry stop is hit the more likely the trade will be profitable at the close.


Input parameters

Money Management

- fixed lotsize
- risk versus capital in % (you define the maximal risk in % per trade. The EA calculates based on the Equity and stop loss the size of the trade)

Time Management

- Range start = beginning of the range in HH:MM
- Range stop = end of the range in HH:MM
- Trade stop = from this point no new trade will be opened, running trades remains
- Position close = at this time ALL open trades will be closed

Risk Management

- TP factor in % = you define the TP range. 100% means the full range size. 150% means 1,5 times the range size
- SL Factor in % = you define the SL range. 100% means the full range size. 150% means 1,5 times the range size
- Min range in pips = the minimum range in pips. If the range is too small, there will be no trade on that day
- Max trades per day = you define the total number of maximum trades per day
- Max buy trades = you define the ratio to the max trades per day
- max sell trades

General settings

- Slippage = slippage you allow
- Magic number = unique number for the EA
- EA comment = definition/name of the EA
- Text color in App Window
- Main rectangular color
- Sub rectangular color
- show comment = show or hide the Trading window


Moving average settings

- use Moving average = activate or deactivate the filter
- Time Frame = on which time frame the filter should run. For this EA the best option is the 1 hour or 4 hour time frame
- period = choose the period for the Moving Average
- shift
- Method
- applied price












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TrendMaster FX MT4
Chen Jia Qi
5 (8)
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 NeuroX EA MT4
Denis Kurnev
5 (1)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Gold Excel
Gregory Hay
4.5 (4)
benvenuto a       GoldExcel EA   , trader giornaliero per la coppia di valute XAUUSD (oro). Sviluppato dal nostro team, può essere utilizzato per account regolari, account di oggetti di scena sponsorizzati e concorsi di oggetti di scena. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk
ET9 for MT4
Hui Qiu
5 (3)
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 4.00 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
Dark Catcher mt4
Marina Arkhipova
5 (2)
"Dark Catcher" è il tuo cacciatore notturno in un mondo di opportunità finanziarie, dove ogni ombra oscura del mercato diventa una fonte di luce. Questo consulente è il tuo assistente affidabile, che ti aiuta a penetrare negli angoli più oscuri del mercato e a identificare i potenziali clienti per un trading di successo. Lascia che "Dark Catcher" illumini il tuo percorso verso l'indipendenza finanziaria e il raggiungimento dei tuoi obiettivi nel mercato finanziario. Informazioni sul consulente:
Price reduced for 7 days to $147 Then the price will be $230 PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right directi
Altri dall’autore
MAGIC Bollinger Basket Tired of loosing? Here comes the solution. An EASY to use like the ABC fully automated EA. The MAGIC Bollinger Basket EA is a fully automated Expert Advisor with the use of a martingale system as an option. The Bollinger Band and the RSI indicator are used for entries.  The  advantage  of a Basket Trader, is the function to calculate for all open trades of the same symbol and the same direction a break even point.  From there the defined TakeProfit will start. It is
Magic MACD Basket Tired of complicated Trading systems? Searching for an easy system with constant profits? You need an easy to use system? Handling a robot easy like the ABC! Here we go...   For live results please have a look here: 1) Conservative Setup with 4 currency pairs https://www.mql5.com/de/signals/666217 2) aggressive setup with 1 currency pair https://www.mql5.com/de/signals/640152 Our Magic MACD Basket EA is a fully automated Expert Advisor with the use of a smart martingale s
This EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings. Easy to use and supervise Fully customizable moving average settings Customizable TP Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA/FIFO Compliant Trades will be closed on opposite signals Built-in money management The EA implements the following behaviors: Regular: Buy on bullish crossovers and sell on bearish crossovers Reverse: closes
This indicator is based on the standard MACD indicator, but showing the changes up and down colored. It is a nice assistance to visualize our Expert MAGIC MACD. MAGIC MACD MT4: https://www.mql5.com/en/accounting/buy/market/41144?period=0 MAGIC MACD MT5: https://www.mql5.com/en/accounting/buy/market/41151?period=0 Inputs in the Indicator: Fast EMA: standard is 12 Slow EMA: standard is 26 Signal: depending on what you want to see. For the MAGIC MACD the standard is 1 in common settings: Fixe
This Indicator calculates based on the Stochastic, Fractal and ZigZag the best possible entries in all timeframes. Input Stochastic Oscillator K line period = standard is set to 10 D line period = standard is set to 3 slowing = standard is set to 4 Method = stadard is set to Linear weighted Price value = standard is set to close/close ZigZig settings    Depth = standard is set to 24 Deviation = standard is set to 5 Backstep = standard is set to 3 Bar filter = staard is set to 35 Alarm set
MACD Master Our MACD Master is the Expert Advisor you were searching for. It is easy to set up and brings Money Management such as automated or fixed Stop loss, risk management with fixed amount or percentage on the Account Balance or Account Equity and the most important for a solid system, the definition of the risk ratio - CRV. How does the system work? The system is based on the original idea of the MACD. Whenever the fast EMA and the slow EMA of the MACD are crossing a sell or buy signal
MAGIC Bollinger Basket Tired of loosing? Here comes the solution. An EASY to use like the ABC fully automated EA. The MAGIC Bollinger Basket EA is a fully automated Expert Advisor with the use of a martingale system as an option. The Bollinger Band and the RSI indicator are used for entries.  The advantage of a Basket Trader, is the function to calculate for all open trades of the same symbol and the same direction a break even point.  From there the defined TakeProfit will start. It is l
Magic MACD Basket Tired of complicated Trading systems? Searching for an easy system with constant profits? You need an easy to use system? Handling a robot easy like the ABC! Here we go...   Our Magic MACD Basket EA is a fully automated Expert Advisor with the use of a smart martingale system (Calculates the martingale multiplier according to your defined trace in pips) as an option. The advantage of a Basket Trader is the function to calculate for all open trades of the same symbol and the
This EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings. Easy to use and supervise Fully customizable moving average settings Customizable TP Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA/FIFO Compliant Trades will be closed on opposite signals Built-in money management The EA implements the following behaviors: Regular: Buy on bullish crossovers and sell on bearish crossovers Reverse: closes
MACD Master Our MACD Master is the Expert Advisor you were searching for. It is easy to set up and brings Money Management such as automated or fixed Stop loss, risk management with fixed amount or percentage on the Account Balance or Account Equity and the most important for a solid system, the definition of the risk ratio - CRV. How does the system work? The system is based on the original idea of the MACD. Whenever the fast EMA and the slow EMA of the MACD are crossing a sell or buy signal
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