Yesterday Breakout EA

Product Description

Yesterday Breakout EA is a straightforward and disciplined Expert Advisor for MetaTrader 5 that trades breakouts of the previous day’s high and low.

The EA waits for a clear breakout from yesterday’s range on your chosen signal timeframe and opens a trade in the direction of the breakout. It is designed for traders who prefer simple, rule-based strategies with strong risk management.

Key Features & Advantages

• Clear Breakout Logic: Enters trades only when price breaks and closes beyond yesterday’s high (for Buy) or yesterday’s low (for Sell).
• Flexible Signal Timeframe: Works on any timeframe you choose (M5, M15, H1, etc.).
• Built-in Risk Management:
  • Optional risk-based position sizing (percent of account balance)
  • Fixed lot mode
  • Fixed Stop Loss and Take Profit in points
• Protection Tools:
  • Spread filter to avoid trading during high-spread periods
  • Trading hours filter (trade only during your preferred session)
  • Break-even function to move SL to entry after a set profit
  • Optional trailing stop with step
• Safety Options:
  • One trade per day per direction (prevents over-trading)
  • Single position per symbol mode
  • Magic number and deviation settings

The EA is clean, well-commented, and easy to use. It does not use dangerous methods like martingale or grid.

Input Parameters

Signal Settings

• InpSignalTF — Timeframe for detecting the breakout signal (recommended: M5 or M15)
• InpAllowBuy — Allow Buy trades
• InpAllowSell — Allow Sell trades
• InpOneTradePerDayPerSide — Allow only one trade per direction per day
• InpSinglePositionSymbol — Allow only one open position at a time on this symbol
• InpMagicNumber — Unique magic number to identify EA’s trades
• InpDeviationPoints — Maximum price deviation (slippage) in points

Trading Hours

• InpStartHour / InpStartMinute — Start time of trading (server time)
• InpEndHour / InpEndMinute — End time of trading (server time)

Money Management

• InpUseRiskPercent — If true, uses risk % of balance; if false, uses fixed lot
• InpRiskPercent — Risk per trade in percent of account balance
• InpFixedLot — Fixed lot size when risk percent is disabled

Fixed Stop Loss / Take Profit

• InpStopLossPoints — Stop Loss in points (0 = disabled)
• InpTakeProfitPoints — Take Profit in points (0 = disabled)

Protection

• InpUseSpreadFilter — Enable maximum spread filter
• InpMaxSpreadPoints — Maximum allowed spread in points
• InpUseBreakEven — Enable break-even after reaching trigger level
• InpBreakEvenTriggerPts — Points in profit to move SL to breakeven
• InpUseTrailingStop — Enable trailing stop
• InpTrailingStopPoints — Trailing stop distance in points
• InpTrailingStepPoints — Minimum step for trailing stop modification

Recommended usage: Attach the EA to any major forex pair (EURUSD, GBPUSD, USDJPY, etc.) on M5 to 4H timeframe. Use moderate risk (0.5–5%) and enable the spread filter for best results.