Custom symbol Breakout

Custom Symbol Breakout

Build your own multi-symbol trading portfolio directly from one MetaTrader 5 chart. Custom Symbol Breakout lets you select up to 10 symbols — Forex pairs, indices, metals, crypto and CFDs — and apply the same clear breakout logic to each one.

Instead of being limited to a single instrument, you can create a portfolio that matches your own trading preferences. Add the symbols you want to follow, test them in the Strategy Tester, and evaluate how different combinations behave over historical data. With proper backtesting and risk management, you can explore potentially profitable portfolio setups using the symbols available on your broker.

The Expert Advisor uses a simple time-based range breakout approach.

This EA does not use martingale by default. The optional Revenge Position feature is disabled unless you explicitly enable it in the settings. When enabled, it can increase the lot size after a losing trade, with a configurable multiplier and a maximum number of recovery steps. You remain in full control of this function and can keep it switched off at any time.

Main Features

• Trade up to 10 custom symbols from one chart

• Supports Forex, indices, metals, crypto and CFD symbols

• Create a personalized multi-symbol portfolio

• Automatic stop loss at the opposite side of the range

• Fixed lot or balance-based lot sizing

• Optional Revenge Position feature, disabled by default

• Optional equity drawdown protection

• Optional spread filter

• Clear on-chart information panel

• Range lines displayed directly on the chart

• Automatic fallback to the chart symbol if no valid custom symbol is entered

How It Works

1. Add up to 10 symbols in the input settings.

2. The EA calculates the high and low of the range for each symbol.

3. After, it watches for a breakout of that range.

4. A buy trade may be opened when price breaks above the range high.

5. A sell trade may be opened when price breaks below therange low.

6. The stop loss is placed at the opposite side of the range.

7. Open positions are closed after 20:00.

Each symbol is managed independently, allowing you to test and build a diversified portfolio according to your own strategy.

Money Management

You can choose between a fixed lot size or a balance-based lot size. The balance-based option calculates the position size according to your account balance and your selected balance-per-lot setting.

The Revenge Position feature is optional and disabled by default. If enabled, it increases the lot after a losing closed trade, up to the maximum number of recovery steps you define. This feature should be used carefully, as increasing lot sizes can also increase risk.

Risk Management

Custom Symbol Breakout includes an optional equity protection feature. If the account drawdown from the daily equity peak reaches your selected percentage, the EA can close its open positions and stop opening new trades until the next day.

You can also enable a spread filter to avoid opening trades when the spread exceeds your chosen maximum value.

Recommended Use

Use the Strategy Tester to evaluate different symbol combinations, lot settings and risk parameters before using the EA on a live account. Always consider your broker’s symbol names, contract specifications, leverage, spread and margin requirements.

Trading involves risk. Past backtest results do not guarantee future performance.