Break out box strategy
- ユーティリティ
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Stephen Barasa
i program and create working expert advisors for mt5, the advisors/ robots that i create are also used personally, ny the time i put it out for a sale it means i want you to benefit as well.
please enjoy and provide feedback so that we can improve on the products. - バージョン: 1.0
- アクティベーション: 15
Professional Breakout Trading System for Forex, Gold, Crypto & Indices
XAUUSD BREAKOUT STRATEGY 1HR TF EAis a fully automated Expert Advisor designed to trade breakout opportunities using a proven range-box methodology. The EA automatically identifies market consolidation zones, places pending breakout orders, and manages trades using intelligent risk management, breakeven protection, trailing stop, and time-based exits.
The system is suitable for traders seeking a disciplined, rules-based breakout strategy capable of adapting to multiple markets including Forex pairs, Gold (XAUUSD), Bitcoin (BTCUSD), and major indices.
NOTE: JUST ATTACCH THE EA ON THE 1HR CHART WITH DEFAULT SETTINGS, however check through the settings too and confirm.
AND AFTER PURCHASING THE PRODUCT, PLEASE REACH OUT TO ME VIA DM HERE ON MQL5 FOR A CBOX FILE STRATEGY MQH FILE TO PASTE IN THE #INCLUDE FILE.(i made this to prevent pirates)
Key Features
✔ Automatic Breakout Detection
The EA builds a customizable price box using historical candles and automatically places Buy Stop and Sell Stop orders at the breakout levels.
✔ Dynamic Risk Management
Position sizes are calculated automatically according to your selected account risk percentage.
✔ Smart Stop Loss & Take Profit
Choose between fixed values or dynamic levels calculated from the size of the breakout box.
✔ Breakeven Protection
Automatically locks in profits once a predefined profit target is reached.
✔ Advanced Trailing Stop
Protects gains and allows profitable trades to run during strong market trends.
✔ Time-Based Trade Management
Positions can be closed automatically after a specified period if profit objectives have not been achieved.
✔ Opposite Order Cancellation
Once one breakout direction is triggered, the opposite pending order can be automatically removed to prevent conflicting trades.
✔ Multi-Market Compatible
Optimized for:
- XAUUSD (Gold)
- BTCUSD (Bitcoin)
- Major Forex Pairs
- Indices
- Commodities
Main Inputs
- Risk Percentage
- Box Size
- Box Start Time
- Breakout Offset
- Stop Loss Type
- Take Profit Type
- Breakeven Settings
- Trailing Stop Settings
- Trade Expiration
- Trading Days Filter
Recommended Timeframes
- H1 (Recommended)
Recommended Markets
- XAUUSD
- BTCUSD
- EURUSD
- GBPUSD
- USDJPY
- NASDAQ
- US30
Trading Logic
- The EA creates a trading box using a specified number of candles.
- Buy Stop and Sell Stop orders are placed above and below the box.
- When a breakout occurs, the corresponding trade is activated.
- The opposite pending order can be cancelled automatically.
- Trade management functions protect profits through breakeven and trailing stop mechanisms.
- Positions are closed by Stop Loss, Take Profit, trailing stop, or time-based exit conditions.
Risk Warning
Trading leveraged products involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Always test the EA on a demo account before using it on a live account and apply proper risk management.
Version Highlights
- Fully Automated Trading
- Dynamic Position Sizing
- Breakout Range Detection
- Breakeven Protection
- Trailing Stop Management
- Time Exit Function
- Pending Order Expiration
- Multi-Asset Compatibility
- Optimized for MT5
provides traders with a powerful and flexible breakout trading solution capable of adapting to changing market conditions while maintaining strict risk management principles.
