GBP Sentinel
- Experts
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Fritz Roland Barnard
I've been interested in trading and programming for quite some time, and enjoy spending my free time developing EAs for MetaTrader 5.
I mainly work with price action strategies and spend a lot of time testing different ideas to see what works and what doesn't. - Versão: 1.23
- Ativações: 14
Special Launch Price: $65
Limited introductory offer — first 10 purchases only!
Once the first 10 copies have been sold, the price will increase to $179.
GBP Sentinel – Professional GBPUSD Range Breakout EA for MT5
GBP Sentinel is an automated trading system developed around the intraday price behaviour of GBPUSD. Designed for MetaTrader 5, the Expert Advisor combines structured range-breakout entries, market volatility filtering, automated position management and a progressive recovery system.
The strategy identifies important price boundaries during a defined trading period and prepares pending orders above and below the established range. When price breaks beyond these boundaries, GBP Sentinel responds automatically, allowing traders to participate in directional market movements without continuously monitoring the chart.
The EA operates from Monday to Friday, subject to the selected trading days and broker trading conditions. Positions are managed using configurable Take Profit, Stop Loss, Break-Even and Trailing Stop functionality.
A custom trading dashboard provides convenient access to important account and strategy information, including open positions, pending orders, spread monitoring and trading performance.
The EA comes with predefined settings to simplify initial configuration. Users can adjust the starting lot size, entry conditions and trade-management parameters according to their broker and trading preferences.
Key Features
GBPUSD Range Breakout Strategy
GBP Sentinel is developed primarily for GBPUSD and uses a structured approach to intraday breakout trading.
The system monitors market prices during a configurable range-building period and identifies the highest and lowest prices reached.
Once the range is complete, the EA prepares breakout orders around these boundaries, allowing trades to be activated when price moves beyond the established range.
M5 Trading Timeframe
The recommended timeframe is M5.
This allows GBP Sentinel to monitor intraday price movements while maintaining consistent breakout detection and automated position management.
The default range-building period is 03:00 to 11:00 broker server time.
Automated BUY and SELL Orders
GBP Sentinel supports both upward and downward breakouts.
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BUY STOP orders are positioned above the range high.
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SELL STOP orders are positioned below the range low.
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The default entry offset is 1 pip.
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When one breakout order executes, the opposite pending order is cancelled.
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Untriggered pending orders are cancelled at the configured expiry time.
Users can select BUY only, SELL only or both trading directions.
Market Volatility Protection
GBP Sentinel includes an optional volatility filter that evaluates recent market movement before allowing new trading opportunities.
The filter uses configurable observation and price-deviation parameters to help avoid entries during unusually rapid price movements.
It is designed to work alongside the breakout strategy without interfering with the management of existing positions.
Take Profit and Stop Loss Management
Every breakout trade is prepared with predefined protective and profit-target levels.
The standard configuration uses:
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Take Profit: 100 pips
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Stop Loss: 250 pips
Both values can be adjusted through the EA settings.
Automatic Break-Even Protection
GBP Sentinel incorporates configurable Break-Even management.
Once the required favourable price movement is reached, the EA can adjust the position's Stop Loss to secure a defined amount of profit.
The standard settings use:
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Break-Even activation: 11 pips
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Profit protection offset: 8 pips
Trailing Stop Management
The integrated Trailing Stop system provides additional position management as price develops.
Users can adjust the trailing activation distance, trailing offset and movement step.
This allows the EA to manage protective stop levels automatically instead of requiring manual intervention.
Fixed-Lot Trading
GBP Sentinel uses fixed starting-lot sizing.
The initial volume can be adjusted according to the trading account and broker requirements. Recovery volume adjustments are calculated separately by the internal recovery system.
Trading Day and Session Control
The EA allows users to configure the days on which new trades may be opened.
The breakout range period and pending-order expiration time can also be adjusted.
Existing open positions remain subject to the EA's position-management rules.
Spread and Execution Protection
GBP Sentinel includes broker-aware trading checks and optional spread protection.
These functions help evaluate trading conditions and broker restrictions before submitting supported trade requests.
Execution remains dependent on market liquidity, available margin, spread and broker trading conditions.
Professional Trading Dashboard
GBP Sentinel features a custom on-chart dashboard designed specifically for its single-strategy operation.
The dashboard provides three main pages:
Home – Trading status, open positions, pending orders, active trading volume and account information.
Spread – Current spread conditions and spread monitoring.
Performance – Trading performance and account statistics.
The interface provides a convenient overview without requiring traders to navigate multiple terminal windows.
How to Start
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Install GBP Sentinel in MetaTrader 5.
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Open a GBPUSD chart using the M5 timeframe.
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Attach the Expert Advisor to the chart.
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Enable algorithmic trading in MetaTrader 5.
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Review the starting lot size and trading settings.
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Confirm that the account supports hedging.
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Allow the EA to monitor the range and manage trades automatically.
The predefined settings provide a starting configuration for testing. Traders should evaluate their suitability before using real funds.
Recommended Configuration
Trading instrument: GBPUSD
Platform: MetaTrader 5
Recommended timeframe: M5
Account type: Hedging
Starting lot size: 0.01
Trading strategy: Intraday Range Breakout
Range period: 03:00–11:00 broker time
Pending-order expiry: 18:00 broker time
Take Profit: 100 pips
Stop Loss: 250 pips
Trading directions: BUY and SELL
Position sizing: Fixed starting lot with progressive recovery management
A hedging account is required because GBP Sentinel manages multiple positions independently during recovery.
The EA can operate on other trading symbols where broker conditions permit, but its recommended configuration is intended for GBPUSD.
Testing GBP Sentinel in MetaTrader 5
Before trading on a live account, evaluate GBP Sentinel using the MetaTrader 5 Strategy Tester.
Recommended testing configuration:
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Expert Advisor: GBP Sentinel
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Symbol: GBPUSD
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Timeframe: M5
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Modelling: Every tick based on real ticks
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Testing period: A sufficiently long historical period covering different market conditions
Pay particular attention to maximum equity drawdown, margin utilisation, consecutive losses and the volume progression associated with recovery trades.
A smooth balance curve does not necessarily indicate low risk. Floating losses and margin exposure should also be evaluated.
Frequently Asked Questions
What makes GBP Sentinel different from a conventional breakout EA?
GBP Sentinel combines structured intraday range identification with automated pending-order execution and position management.
Does GBP Sentinel trade automatically?
Yes. Once configured and enabled, the EA monitors the market, places breakout orders and manages eligible positions according to its trading rules.
Which currency pair is recommended?
GBPUSD is the primary recommended instrument.
Which timeframe should I use?
M5 is recommended for the default breakout configuration.
Can I change the trading direction?
Yes. GBP Sentinel supports BUY only, SELL only and combined BUY/SELL operation.
Does the EA include Stop Loss and Take Profit?
Yes. Both are configurable, together with the reference Break-Even and Trailing Stop management settings.
Does GBP Sentinel use an economic news filter?
No. The current version does not include a news-event filter. Traders should remain aware of major economic announcements and their potential effects on GBPUSD volatility.
Can I use GBP Sentinel on a netting account?
No. The current recovery implementation requires a hedging account.
Will the EA perform the same with every broker?
No. Spread, execution speed, slippage, trading costs and contract specifications can influence results.
Are backtesting results guaranteed to repeat in live trading?
No. Historical performance does not guarantee future results.
All trading involves risk. Past performance is not a guarantee of future results.
