Breakout Support N Resistance
- エキスパート
- バージョン: 1.0
- アクティベーション: 5
"Breakout Support N Resistance" is an advanced, rule-based algorithmic trading Expert Advisor built for MetaTrader 5 (MT5). Developed using robust breakout mechanics inspired by Toby Crabel's Opening Range Breakout (ORB) principles combined with automated session management and custom volatility filters, this EA is designed to capture high-momentum market moves cleanly and efficiently.
Key Features & Trading Logic
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Crabel ORB & Volatility Offsets:
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Automatically calculates session breakouts based on dynamic volume contraction filters (NR4, NR7, IDNR4, 3-bar NR) and customizable offset modes—either via historical stretch lookbacks or daily ATR multiples .
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Intelligent Risk & Lot Sizing:
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Features automated risk management calculated as a percentage of your account balance per trade , complemented by volume limitations, margin checks, and optional minimum lot safety buffers .
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Built-In Trailing Stop Mechanism:
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Secures open profits dynamically using ATR-based multipliers to trail stops safely behind momentum shifts while avoiding broker stop-level violations .
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Session & Time Filtering:
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Includes automated London local time adjustments (with automated UK daylight saving handling) or manual broker server time zones , alongside session expiration windows and daily drawdown limit circuits.
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Volume Point of Control (POC) & Dashboard:
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Integrates a visual on-chart dashboard displaying live market bias, session levels, POC lines, and real-time execution status .
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Specifications
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Platform: MetaTrader 5 (MT5)
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Asset Classes: Optimized for major Forex pairs (e.g., EURUSD, GBPUSD) and commodities (e.g., XAUUSD)
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Timeframes: Intraday (e.g., M30, H1)
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Execution Type: Netting and Hedging compatible
