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Candle Breakout Expert Advisor

Candle Breakout EA is a trading tool for traders using the high and low breakout strategy of a previous candle. The EA waits till the price is higher than the previous candle's maximum or below the previous candle's minimum, and later opens a certain order (you can choose which type of order to open when the extremes are broken). This type of trading is well suited for classic strategies such as day trading on daily charts, breaking the morning candle on Monday, impulse trading, etc.

The Expert Advisor has many useful features that will help the trader to personalize their trading, namely:

  • Time filter - allows the EA to trade only at a certain time.
  • Filter of days of the week - the user can set on which days of the week the advisor is allowed to open orders.
  • Candle size filter - the EA will open orders when the candle size is within a certain range.
  • The MA trend filter - The user can choose which orders the advisor can open if the price is above and below the MA line.
  • Trade confirmed breakouts - the EA will trade only after a candlestick closes above/below the extremes.
  • Powerful order tracking tools - the EA can place stops based on the ATR indicator, close orders when the opposite order type is opened or when the price breaks the opposite extremum.

Brief description of the most important input parameters: 


Main settings:

  • Comment/Magic number for orders - comment/magic number for orders.
  • Maximum allowed slippage - the maximum allowed spread/slippage for orders.

Money management settings:

  • Money Management Type - type of lot calculation. 'Fixed_Lot' - the lot will be fixed, 'LotSize_Per_Balance' - the lot will be determined by the size of the balance (for example, if a user sets 0.1 lot for every 10000 balance size, this means that if the balance size decreases down to 9000, then the lot will be 0.09. If the amount increases to 11000, then the lot will be 0.11). RiskPerTrade - the lot will be calculated based on the risk percentage per trade.
  • Size of the fixed lot, lot-step, or risk percent - fixed lot size, lot size for a certain balance size and the percentage of risk per trade.
  • Balance size for a certain lot - balance size for a certain lot .

Date and time settings:

  • Use trading period - Use a time filter. If 'True' then the EA will trade only at certain period.
  • The start time/end of the trading period  - the start/end of the trading period.
  • Trade only at specific days of week - days of the week when the EA can trade. For example, if in the parameter is set a number '1', then the EA will trade only on Mondays. If the numbers are '1.2', then on Monday and Tuesday. The days of the week must be separated by commas.

Entry conditions:

  • Use MA Filter - use the Moving Average indicator as a trading filter.
  • MA Period - period of the MA indicator.
  • When price is above/bellow the MA line, allow to open only: -  what type of orders to open when the price is above/below the MA line.
  • If a high/low is broken, open an: - what type of order to open when the candle's high/low is broken.
  • The minimum/maximum allowed size of a candle - allowed minimum/maximum candle size. If the size of the candlestick is less/greater than the specified values, the EA will not open orders.
  • Add pips to high/low - an additional number of pips to add to the high/low value in order for a breakout to occur.
  • Open orders only after a confirmed breakout - opens an order only after the breakout candle closes above / below the high.

Order Management:

  • Take-Profit/Stop-loss size Is based on - take profit calculation type: by ATR or fixed. Formula for calculating take profit by ATR: ATR values * to the value specified in the 'Take Profit: ATR multiplier' parameter / minimum change in points of a certain currency pair (for example 0.00001).
  • Take-Profit/Stop-loss: fixed size or ATR Period - a fixed size of take profit or ATR period.
  • Take-Profit/Stop-loss: ATR multiplier - multiplier for the ATR value.

Miscellaneous: 

  • If an order is opened, send: - a type of notification the EA will send when the EA opens an order.
  • If an error occurs, send: -   a type of notification the EA will send when an error occurs.

The full description of the input parameters you'll find the comments page.



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Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente
Ai Hybrid Robot MT4
Mansour Babasafary
Experts
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
Gold Excel
Gregory Hay
4.5 (4)
Experts
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
Gold Trading Algo
Ho Tuan Thang
4.63 (8)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. Limited price $199 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-b
TrendMaster FX MT4
Chen Jia Qi
5 (9)
Experts
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
Smart Funded Hft
Barbaros Bulent Kortarla
5 (48)
Experts
Smart Funded EA è un consulente esperto progettato per superare le sfide HFT delle società prop che ne consentono l'uso. Quali società prop HFT posso utilizzare? È stato testato su quasi tutte le sfide HFT delle società prop con una percentuale di successo del 100%, come Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave e tutte le altre sfide MT4 consentite da
XG Gold Robot MT4
Marzena Maria Szmit
4.57 (21)
Experts
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
GoldPulse AI
Babak Alamdar
5 (7)
Experts
Acquista non un backtest, ma un vero sistema di trading:  Live Signal 1     Live Signal 2 Questo prezzo è temporaneo per la durata della promozione e verrà aumentato a breve Prezzo finale: 5000 $ Sono rimaste solo poche copie al prezzo attuale, il prezzo successivo è -->> 500 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Questo è il primo robot più intelligente che scambia oro o XAU con coppie complete come XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD e XAUCNH! Controllo
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Experts
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Powerful 1 min scalping system
Andrey Kozak
5 (1)
Experts
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
Diamond PRO
Fanur Galamov
5 (9)
Experts
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Naomixi Gold EA
Raman Tsimashenka
5 (8)
Experts
Naomixi Gold Advisor is a fully automatic trading system. !!! No martingale, no scalping, no grid Please note that we do not update the advisor 3-5 times a month.  The advisor does not need updating or optimization The system uses the basic laws of the Forex market in trading - price return after a sharp movement in any direction. This is one of the most stable advisors among existing analogues. You will be surprised! He does not use risky strategies. The price of the advisor is much lower
Altri dall’autore
Pips Slayer
Tom Seljakin
3.75 (4)
Indicatori
''A professional trader is a greedy trader: he buys at lows and sells at highs with minimal risks and high returns,, Pips Slayer is developed exactly for such trading approach . It's a universal indicator for tracking reversals and uses price action patterns, discrepancy of custom indicators and a multi-layered formula for identifying reversal structures. The indicator is very easy to use; it only shows arrows where is recommended to buy or sell and recommended take-profit and stop-loss pric
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Pro Indicator Trader EA
Tom Seljakin
Utilità
Pro Indicator Trader is a professional trading tool with which you can automate/create a trading strategy using the 31 classical Metatrader 4 indicators.  An elegant and intuitive interface allows you to customize your strategy down to the smallest detail and choose whenever the EA should open a buy or sell position. For each entry-trade rule, you can use up to 14 different indicators. The EA is designed for professional traders, therefore it has many advanced functions. The EA records the orde
Classic Fractal Scalper
Tom Seljakin
Experts
The open tool of the most popular strategy on MQL5 'Breakout of High/Low' points. Developed by professional traders with overall 12 years of experience! Classic Fractal Scalper   is an EA tool based on the popular strategy of breakout of custom fractals. The user can set the range of a fractal, the number traded fractals and the offset points from the fractal points. The EA trades with stop-orders and then they are activated the EA manages them. The EA has a rich set of tools. It writes stati
Omega Point Indicator
Tom Seljakin
3 (1)
Indicatori
The Omega Point indicator uses a complex multilayered system that is used by the top world traders which helps to determine the beginning of trends that are highly likely to last for a long time. The system uses several complex trend calculation modes, due to which the indicator adapts to the specifications of different currency pairs, and is suitable for both conservative and aggressive trading. The indicator makes the necessary calculations and shows important information about how the trade
Master Point Indicator
Tom Seljakin
Indicatori
Master Point is an indicator set that includes the most powerful and necessary tools for a trader, giving that very edge in the markets to be successful. An indicator that has an elegant and complete system that works very well in all markets (Forex, Crypto, Stocks, Indices) helps to find the best reversal points. It has tools such as trend reversal detection, pivot points, divergences, currency strength and 'candle strength'. All this makes the indicator a complete tool that does not require a
Reverence Gold Ultimate EA
Tom Seljakin
Experts
Reverence Gold EA is a portfolio of advanced gold strategies that are made up of systems that have proven to be stable and profitable. The EA uses improved versions of the classic breakout, trend reversal, swing trading, and price action setup. All of these systems create a smooth yield curve, and make it easy to get through periods of economic and political turbulence. This system is specially designed for those who are serious about investments and want to increase their capital. Promotion
Simple Grid Master
Tom Seljakin
Experts
Simple grid master  is a trading tool for trading reversals with help of grid and martingale style. The EA uses for entry into the markets such indicators as: Bollinger Bands, Ozymandias, Moving Average, Williams Percent Range, Stochastic, MACD. You can select which indicators will be used for entries, customize martingale and grid settings to your liking, use additional filters (time filters, order distances, etc.) for more accurate entries. The most important that the EA is constantly impro
Quantum Incinerator
Tom Seljakin
Experts
Quantum Incinerator EA is the exact the EA you were waiting for. Developed by professional traders with overall 12 years of experience who are ready to show you what a real high frequency EA should be! Also recieve for free ' Reverence Gold Ultimate EA '. Quantum Incinerator EA is special kind of EA that utilizes fractal based support and resistance strategy in order to utilize dynamics of the market in a profitable way. And although the adviser uses a minimum of settings for your convenience, '
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Versione 4.0 2021.02.01
-Small bug fixes