Range Breakout Bot

This MT4 version is no longer maintained due to the ongoing transition from MT4 to MT5 trading accounts. For the latest features, improvements, and ongoing updates, please use the MT5 version of this Expert Advisor. Get the MT5 version here!

Automate your range breakout strategy!

The "Range Breakout Bot" is a powerful tool designed to automate your range breakout trading strategy with precision and ease. Whether you're a seasoned trader or just looking to streamline your trading routine, this bot is the perfect companion to help you capitalize on market volatility when prices break out of a defined range. The bot alerts you or opens positions automatically when a breakout occurs, ensuring you never miss an opportunity to profit from strong price movements.

One of the standout features of the Range Breakout Bot is its flexibility. The range used to detect breakouts is fully customizable, allowing you to define both the duration and amplitude of the range as well as the breakout distance. This level of control ensures that the bot can be tailored to suit any market conditions or personal trading preferences, giving you the freedom to set precise parameters for optimal trade entries.

To further refine your strategy, the bot includes additional filters, such as a third moving average, the RSI indicator for momentum analysis, and pivot points to confirm breakouts. These tools help to filter out false signals, allowing you to focus only on the most promising breakout opportunities.

In addition to its powerful entry logic, the Range Breakout Bot features a comprehensive order management system that gives you complete control over your trading. You can choose specific trading days, decide between fixed lot sizes or risk management based on a percentage of your capital, and set stop trading limits if predefined profit or loss targets are met. These features ensure that your trading is not only automated but also aligned with your risk tolerance and goals.

The bot also includes advanced functions such as Break Even, Trailing Stop, and even the ability to open additional positions when in profit, helping you maximize gains while minimizing risk. This makes the Range Breakout Bot a fully equipped solution for traders who want to take advantage of breakouts without constantly monitoring the markets.

If your strategy revolves around trading range breakouts, this bot will allow you to automate the entire process, from range identification to order management, so you can focus on other aspects of your trading or even step away from the screen entirely. With the Range Breakout Bot, your trading becomes more efficient, precise, and stress-free.

  • The default settings are for the EURUSD pair, but you can change the settings to suit your strategy.
  • For backtests, use ‘only_symbol_on_the_chart' mode for the 'Symbols' parameter.
  • The chart can be opened in any timeframe, the timeframes entered in the settings will be used for calculations regardless of the chart timeframe.
  • The EA can also be used only as an indicator to receive range and range breakout alerts.
    • Warning: before using this EA, please read its documentation on this page.

    Functionalities of the EA:

    Alerts:
    • Customizable range and range breakout (see the 2nd screenshot on this page to understand how it works).
    • Additional filters based on a moving average and pivot points.
    • Terminal alerts and smartphone notifs separately customizable for indicator and trading alerts.
    • Activation/deactivation for each day of the week with start- and end-time.
    Trading:
    • Lots size in % of current balance account (+ current profits) or fixed lots.
    • Break even, trailing stop and grid system options.
    • 1 main order at the time by symbol + max simultaneous orders for multi-symbol modes.
    • Possibility of stopping the trading session once the max losses and/or max wins have been reached (account balance + current profits) during the day.
    • Option to close all bot orders before the weekend with the choice of time.
    • Max allowed spread and slippage.
    • Auto adjustment of min SL/TP and nearest lot size in case of user’s error.
    • Security alert in case of risky money management.
    • Possibility of stopping the EA if the maximum drawdown is reached (useful for speeding up optimization backtests).
    Other:
    • Compatibility to backtests (use ‘only_symbol_on_the_chart' mode).
    • Works with any symbol (forex/indices/CFDs/crypto...) in 'symbol of the chart' mode.

    For any questions or suggestions, please leave a comment!


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    Burak Baltaci
    3 (2)
    Experts
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    Lachezar Krastev
    5 (5)
    Experts
    BUY 1 and GET 1 FREE - Promotion! Buy Forex Diamond EA with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2379493 Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results us
    One Gold MT4
    Stanislav Tomilov
    4.68 (19)
    Experts
    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
    Titan AI 4All
    Amirbehzad Eslami
    Experts
    Titan AI — Sistema di trading automatizzato di nuova generazione Titan AI è un sistema di trading automatizzato di nuova generazione sviluppato dal team di esperti di MX Robots , che combina tecnologie avanzate di Intelligenza Artificiale con una profonda conoscenza dei mercati finanziari. Questo EA è stato addestrato con dati di mercato di alta qualità, inclusi Real Tick , MBP (Market by Price) e MBO (Market by Order) — gli stessi utilizzati dai sistemi di trading istituzionali — garantendo dec
    Solo Sniper Pro mw
    DMITRII GRIDASOV
    Experts
    L'EA "SOLO SNIPER PRO" è un potente sistema di scalping per la piattaforma MT4! L'elevato tasso di vincita si aggira intorno al 90%! Viene utilizzato il sistema di gestione del rischio basato sugli interessi composti!  M15 timeframe! È un prodotto originale offerto solo su questo sito web MQL5. Utilizza Set_file per i test e il trading:  Download EA set_file - Le operazioni sono molto precise: circa il 90%. - Il sistema NON utilizza metodi pericolosi come griglie o martingala. Ogni ordine ha
    Pro Advanced Multi Scalping EA m
    DMITRII GRIDASOV
    Experts
    EA PRO ADVANCED MULTI SCALPING - è un sistema di trading multi-coppia completamente automatico, molto sicuro e con una crescita costante. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato: richiede circa 60-90 operazioni al mese. Scarica i file EA Set_files per test e trading: USDCHF Set_file GBPCHF Set_file GBPCAD Set_file GBPAUD Set_file EURCHF Set_file EURCAD Set_file EURAUD Set_file AUDCAD Set_file Caratteristiche dell'EA: - Volatilità regolab
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    Vasiliy Strukov
    4.7 (1090)
    Experts
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    Quantum Pips AI MT4
    Rodrigo Arana Garcia
    5 (5)
    Experts
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    Tjia Elisabeth Jasmine Canadi
    5 (3)
    Experts
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    Leonid Arkhipov
    4.75 (4)
    Experts
    ORIX System — un robot di trading sviluppato specificamente per la coppia di valute GBPUSD sul timeframe M5 . L’Expert Advisor si basa sull’analisi del comportamento del prezzo e degli elementi della struttura di mercato e non utilizza indicatori tecnici standard. Il robot non utilizza martingala, griglie di trading, mediazioni contro il mercato, hedging, apertura di operazioni senza stop loss, né trading ad alta frequenza o caotico. Live signals Requisiti e raccomandazioni principali Coppia di
    DAX Robot MT4
    MQL TOOLS SL
    Experts
    DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
    XG Gold Robot MT4
    MQL TOOLS SL
    4.29 (42)
    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
    Wonder 1
    Mario Baldantoni
    Experts
    Wonder 1 fa parte della collezione Wonder, strategie che ho selezionato dai miei portafogli. Opera su AUDJPY nel timeframe H1 usando un modello fuzzy-logic che legge la struttura dei prezzi mensile e giornaliera. Cosa e, e cosa non e Ogni operazione apre con Stop Loss e Take Profit fissi. Il rischio e sempre definito. Niente grid, martingala o mediazione. Una posizione alla volta, basso uso del margine. Niente diciture rete neurale, AI o quantistico. Un sistema a regole, testato e onesto. Niente
    Hamster Gold Trading
    Nguyen Hang Hai Ha
    3.5 (2)
    Experts
    Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
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    Lachezar Krastev
    4.48 (25)
    Experts
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    Matthieu Jean Baptiste Wambergue
    5 (7)
    Experts
    Offerta speciale! $50 invece di $90 Ottieni la versione MT5 qui ! Automatizza la tua strategia sulle medie mobili! Il "MA crossing bot" è l'assistente di trading definitivo per chi si affida alla potente e comprovata strategia degli incroci delle medie mobili. Questo versatile robot di trading è progettato per avvisarti o aprire automaticamente posizioni ogni volta che due medie mobili si incrociano, aiutandoti a catturare le principali tendenze di mercato con precisione. Che tu sia un trader e
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    Matthieu Jean Baptiste Wambergue
    4.63 (8)
    Experts
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    Matthieu Jean Baptiste Wambergue
    5 (1)
    Experts
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    Matthieu Jean Baptiste Wambergue
    5 (1)
    Experts
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    Matthieu Jean Baptiste Wambergue
    Indicatori
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    MACD Trading
    Matthieu Jean Baptiste Wambergue
    Experts
    This MT4 version is no longer maintained due to the ongoing transition from MT4 to MT5 trading accounts. For the latest features, improvements, and ongoing updates, please use the MT5 version of this Expert Advisor. Get the MT5 version here ! Automate your MACD strategy! This EA alerts and/or places orders according to MACD strategies with additional filters. It means that you can use it by 2 different ways: Receive alerts based on your MACD strategy with filters on multiple symbols simultaneou
    Price MA Crossover EA
    Matthieu Jean Baptiste Wambergue
    Experts
    This MT4 version is no longer maintained due to the ongoing transition from MT4 to MT5 trading accounts. For the latest features, improvements, and ongoing updates, please use the MT5 version of this Expert Advisor. Get the MT5 version here ! Automate your price vs moving average strategy! The Price MA Crossover EA is the ideal solution for traders who rely on price crossing a moving average as their core trading strategy. This powerful tool automates the entire process, alerting you or executi
    Range Breakout Bot MT5
    Matthieu Jean Baptiste Wambergue
    Experts
    Get the MT4 version here ! Automate your range breakout strategy! The "Range Breakout Bot" is a powerful tool designed to automate your range breakout trading strategy with precision and ease. Whether you're a seasoned trader or just looking to streamline your trading routine, this bot is the perfect companion to help you capitalize on market volatility when prices break out of a defined range. The bot alerts you or opens positions automatically when a breakout occurs, ensuring you never miss a
    MACD Trading MT5
    Matthieu Jean Baptiste Wambergue
    Experts
    Automate your MACD strategy! This EA alerts and/or places orders according to MACD strategies with additional filters. It means that you can use it by 2 different ways: Receive alerts based on your MACD strategy with filters on multiple symbols simultaneously in a single chart window; Choose the fully automated mode and let EA place orders based on your MACD strategy, filter choice and money management. This EA works with all broker symbols and contains multi-symbol modes (market monitoring, ma
    The Dow Jones Killer MT5
    Matthieu Jean Baptiste Wambergue
    Experts
    Special offer! $60 before next upgrade. Specially designed for Dow Jones market movements. The Dow Jones Killer is a cutting-edge Expert Advisor (EA) specifically designed to trade the Dow Jones Index with precision and efficiency. It leverages a combination of advanced trend and volume indicators across multiple timeframes, ensuring that it captures high-probability trade opportunities in real-time. With its fast and responsive strategy, the EA opens positions with tight Stop Loss (SL) and Tak
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