Oil Breakout Strategy H1

Oil Breakout H1 Expert Advisor

Description (En):

Oil Breakout H1 is a trend-following Expert Advisor for crude oil markets (WTI and Brent) on the H1 timeframe. It trades breakouts of a short-term trading range only when the medium-term trend is confirmed, and manages every position with strict risk controls.

Strategy logic

• Trend filter: two exponential moving averages (fast/slow, default 50/200 on H1). A breakout is considered only in the direction of the higher-timeframe trend.
• Range detection: the EA measures the last N bars, waits for a confirmed close outside the range (with an entry buffer and a maximum allowed distance from the range edge, in ATR units), and opens one trade.
• Trend strength: optional Average Directional Movement Index (ADX) filter suppresses weak/choppy breakouts below a configurable threshold.
• Volatility filter: trades only when the Average True Range (ATR) confirms sufficient volatility, avoiding dead-market conditions.
• Optional filters: higher-timeframe (H4) trend, CCI momentum, spread, session hours.

Risk management

• Stop Loss and Take Profit are set automatically as multiples of ATR (e.g. SL 1.0×ATR, TP 2.0–3.0×ATR).
• Optional break-even and trailing stop, which only improve the stop level.
• Optional partial Take Profit and take-profit trailing.
• Daily loss limit (%), optional weekly loss limit, maximum trades per day.
• Optional risk-based position sizing (% of equity) and maximum margin usage limit.
• Spread and slippage checks before every entry.

Configuration

• All parameters are exposed as inputs and described in the EA settings: trend periods, range length, entry buffer, ADX/ATR/CII thresholds, SL/TP ratios, filters and all risk limits.
• Commission and swap are taken into account; lot size is normalized to the symbol volume step.

Requirements

• MetaTrader 5, H1 timeframe, WTI or Brent oil symbol (e.g. OILWTI.pro, OILBRNT.pro).
• Backtest in the Strategy Tester before live use is strongly recommended. Results depend on market conditions — no strategy can guarantee profit.