Range Breakout EA MT4

5
Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept.

The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program. I use the strategy in a live trading account for many years now and so far it is doing really good.

The default settings of the program are the ones I use for USDJPY. For EURUSD I use the same settings but the time for the range is 09:00 - 10:30, orders will be cancelled at 20:55 and positions closed at 21:55. Please do your own testing!! These are only the settings that I use but there might be better settings. I cannot give any advice or recommendation here since I cannot predict future market movement.

The video and the screenshots are made with the MT5 version of the EA. But all functions are the same for the MT4 version. Just download the free demo and try it yourself :)

Please do your own testing!! My inputs might not be the best ones and there might be better settings. I cannot give any advice or recommendation since I cannot predict future market movement.


<General Settings>

Timeframe Range Calculation: Chart timeframe used for range calculation (always use PERIOD_M1 for live trading and only change in tester if you do not have enough M1 data)


(Trading Volume Modes):

VOLUME_FIXED > Uses a fixed lot size for every trade

VOLUME_MANAGED > Uses "Fixed Lots" per each „Fixed Lots Per x Money“ amount of money in your trading account

VOLUME_PERCENT > The lot size will be calculated so that the set percentage of your account will be lost if the inital SL is triggered

VOLUME_MONEY > The lot size will be calculated so that the set amount of money will be lost if the inital SL is triggered


Trading Volume: Mode for the calculation of the lot size for each trade

Fixed Lots: Lot size for VOLUME_FIXED and VOLUME_MANAGED

Fixed Lots Per x Money: Base amount for VOLUME_MANAGED

Risk Percentage of Balance: Risk percent for VOLUME_PERCENT

Risk Money: Risk amount for VOLUME_MONEY

Order Buffer Points (0 = No Buffer): Orders will be placed x points above and below the range


(TP And SL Calculation Modes):

CALC_MODE_OFF > No TP/SL will be placed

CALC_MODE_FACTOR > Distance is a multiple of the current range

CALC_MODE_PERCENT > Distance is a percentage of the current range high (for buy) or low (for sell)

CALC_MODE_POINTS > Distance is set in points. One point is always the smallest price change for the current symbol, e.g. EURUSD, 5 digits > 1 point = 0.00001 or US30, 2 digits > 1 point = 0.01


Target Calc Mode: Calculation mode for the TP distance (entry to TP)

Target Value: Value for the TP calculation based on the Target Calc Mode

Stop Calc Mode: Calculation mode for the SL distance (entry to SL)

Stop Value: Value for the SL calculation based on the Stop Calc Mode


<Time Settings>

Range Start Hour: Hour for the start time of the daily range

Range Start Minute: Minute for the start time of the daily range

Range End Hour: Hour for the end time of the daily range

Range End Minute: Minute for the end time of the daily range

Delete Orders Hour: Hour for the expiration time of pending orders

Delete Orders Minute: Minute for the expiration time of pending orders

Close Positions: Decides if open positions are closed at the close position time

Close Positions Hour: Hour for the close time of open positions

Close Positions Minute: Minute for the close time of open positions


<Trailing Stop Settings>

(TSL Calculation Modes):

TSL_MODE_OFF > Trailing stop stop is inactive

TSL_MODE_PERCENT > Distance is a percentage of the position open price

TSL_MODE_POINTS > Distance is set in points. One point is always the smallest price change for the current symbol, e.g. EURUSD, 5 digits > 1 point = 0.00001 or US30, 2 digits > 1 point = 0.01


BE Calc Mode: Calculation mode for the break even stop

BE Stop Trigger Value: The Break Even Stop is activated as soon as a trade is more than the BE Stop Trigger Value in profit

BE Stop Buffer Value: The Break Even Stop will move the stop loss BE Stop Puffer Value in profit once it is activated

TSL Calc Mode: Calculation mode for the classic trailing stop

TSL Trigger Value: The Trailing Stop is activated as soon as a trade is more than the TSL Trigger Value in profit

TSL Value: The Trailing Stop will be trailed in this set distance behind the current market price

TSL Step Value: The SL will only be modified if it is at least this distance above the previous SL


<Trading Frequency Settings>

Max Long Trades: Maximum amount of buy trades on a single day

Max Short Trades: Maximum amount of sell trades on a single day

Max Total Trades: Maximum amount of trades on a single day


<Range Filter Settings>

Min Range Points: Ranges are ignored if they are smaller than the Min Range Points

Min Range Percent: Ranges are ignored if they are smaller than the Min Range Percent

Max Range Points: Ranges are ignored if they are bigger than the Max Range Points

Max Range Percent: Ranges are ignored if they are bigger than the Max Range Percent


<More Settings>

Range Color: Color of the range object in the chart

Order Comment: Commentary for every order the EA places

Magic Number: This number should be unique for every EA in your account since the EAs use it to identify their own trades

Chart Comment: Activates or deactivates the comment in the upper left corner of the chart

Debug Mode: Activate to see more information about the current EA state in the experts journal

评分 3
Jochen1965
155
Jochen1965 2023.06.16 08:16 
 

Dieser EA macht genau das was er soll. Basierend auf einer nachvollziehbaren open range Strategie werden analog der gesetzten Parameter, Trades gesetzt und ausgeführt. Dass hierbei nicht jeder Trade ein Gewinn sein kann sollte klar sein. Kein Grid oder Martingale System, einfach und transparent gehalten. Gefällt mir!

Liam Greene
51
Liam Greene 2023.02.03 01:16 
 

I was using the same strategy on the GbpUsd for the London Breakout but had to get up early and measure the levels this strategy allows me a lie in without missing the setups due to sleep ins.

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Red Cross – USDJPY Breakout Expert Advisor Capture the Morning Breakout. Ride the Trend. Trade Automatically. The   Red Cross EA   is a fully automated trading system designed specifically for the   USDJPY   pair. Using a proven early-morning breakout strategy, it identifies the trading range, detects the breakout, and rides the trend until the optimal exit point — all without manual intervention. Born from a   battle-tested live trading strategy , the Red Cross EA combines precision, speed, an
TrendRVR
Aleksandr Butkov
This Expert Advisor is notable for the fact that it is designed for trading any currency pair. The "Pattern + RSI" robot demonstrates good performance for a long time without changing the settings, and it is not some prohibitively complex system, but simply a successful combination of Prise Action, indicators and an order grid. The EA can be used in any market with a low spread and good liquidity. However, I recommend the following currency pairs: EURUSD, USDJPY, GBPUSD and XAUUSD. Fully autom
The trend triangle is quite complex. It is a hedge between two straight currencies and one cross currency, or between two cross currencies. Traders are often affected by external factors and cannot strictly execute it, resulting in losses. After a large number of data statistical analysis and strict scientific demonstration calculation, the system can achieve stable profits through many years of real transaction verification. Traders are expected to strictly follow the trading rules. Viewing acc
GoldenTrend
Aliaksandr Sych
GoldenTrend — a next-generation high-frequency scalping Expert Advisor designed to extract profit from the smallest market movements. Utilizing advanced algorithms for price action and volume analysis, it opens dozens of highly accurate trades daily with minimal risk. Why GoldenTrend? Монитор Ultra-Fast Trades : Captures profit from 5–15 pip movements. Ideal for ECN accounts with low spreads. Adaptive Strategy : Automatically adjusts to current market volatility and dynamically shifts tradi
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5 (2)
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The Gold Reaper MT4
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5 (4)
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4.94 (32)
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Nauris Zukas
4.6 (10)
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MQL TOOLS SL
4.73 (44)
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5 (3)
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MQL TOOLS SL
4.29 (17)
AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
Monopolist
Aleksandr Shurgin
Professional automatic advisor with high performance. The advisor has preset settings, trades automatically calculated or fixed lot. You can use default settings or use your preferences. The Monopolist expert uses the author's, multi-component algorithm for fast processing of market data in real time, to open short-term transactions on dynamic instruments with a small spread. The advisor's strategy is based on price action, transactions are opened with a minimum waiting time for a decision, whic
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Profalgo Limited
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Marco Solito
4.65 (66)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
实时信号:   https://www.mql5.com/en/users/varkotechnologies/seller MT5 版本:   https://www.mql5.com/en/market/product/164203 大体时间:       M1 货币对:       XAUUSD Varko Technologies 不是一家企业,而是一种自由的理念。 我感兴趣的是长期合作和建立声誉。 我的目标是不断改进和优化产品,以适应不断变化的市场环境。 黄金安全EA       - 该算法同时使用多种策略,其主要理念是强调控制亏损交易和风险。 交易的收尾和控制采用了多级措施。 如何安装专家版? 您需要将文件从EA传输到XAUUSD M1货币对图表。无需SET文件,只需设置时间偏移值即可。 我建议使用时间交易,例如通过 IC Markets 或 RoboForex 等经纪商。 GMT 时区偏移 =   IC Markets 时间 - 您的经纪商时间。
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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Stanislav Tomilov
4.36 (14)
Aura Neuron 是一款独特的 EA 交易系统,延续了 Aura 系列交易系统。通过利用先进的神经网络和尖端的经典交易策略,Aura Neuron 提供了一种具有出色潜在性能的创新方法。这款 EA 交易系统完全自动化,旨在交易 XAUUSD (GOLD) 等货币对。从 1999 年到 2023 年,它在这些货币对中表现出了一致的稳定性。该系统避免了危险的资金管理技术,例如马丁格尔、网格或剥头皮,使其适用于任何经纪商条件。Aura Neuron 由多层感知器 (MLP) 神经网络驱动,利用它来预测市场趋势和走势。MLP 是一种前馈人工神经网络 (ANN),通常被称为“原始”神经网络,尤其是当它们由单个隐藏层组成时。MLP 包括三个基本层:输入层、隐藏层和输出层。除输入节点外,每个神经元都使用非线性激活函数。该网络使用称为反向传播的监督学习技术进行训练。 MLP 的多层结构和非线性激活使其有别于线性感知器,使其能够识别数据中非线性可分的模式。通过其复杂的 NN 智能,Aura Neuron 能够识别模式并适应不断变化的市场条件,例如汇率或交易者行为的变化。其处理复杂数据的能力使其能够
Luna AI PRO
Profalgo Limited
4.67 (3)
推出促销活动: 仅售 1 份,售价 399 美元 最终售价:2000$ 该 EA 的销售数量有限 借助市场上最先进的“均值反向”交易机器人 Luna AI Pro EA   ,释放人工智能的力量,将您的交易提升到前所未有的高度。 这个尖端的人工智能驱动系统旨在满足经验丰富的交易者和初学者的需求,配备了广泛的功能来优化您的交易策略并最大化您的利润。 使用 Luna AI Pro 释放您交易策略的全部潜力。 拥抱交易的未来,让先进的人工智能彻底改变您的投资之旅。 体验当今人工智能的力量,加入全球成功交易者的行列。 为什么这个 EA 与众不同: OneChartSetup -> 运行 1 个图表中的所有货币对 个人表现监控:如果表现不佳,每对货币对的风险将自动降低,如果再次盈利,风险将再次增加。 不使用有风险的交易技术,如鞅、网格或具有非常宽止损的交易等 严格的贸易和风险管理 经过验证的真实账户跟踪记录:已经运行一年多 没有虚假/操纵的回测 实时结果(低风险):    https ://www.mql5.com/en/signals/1502590 设置 EA:    https:
Trust EA MT4
Konstantin Kulikov
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with a small StopLoss size ar
AW Scalping Dynamics EA
AW Trading Software Limited
4.67 (12)
基于趋势逆转的全自动高级交易机器人。如果有必要,可以使用网格策略。当达到最大推车负载时,内置 3 种类型的通知和位置锁定。 建议在 M15 时间范围内为 EURUSD 使用默认设置。 特点和优点: 能够同时在两个方向工作 具有在多个阶段按时工作的内在能力 使用经纪人不可见的虚拟止损 基于当前趋势活动的工作算法 内置自动手数计算 使用所有类型的通知 自动锁定头寸和禁用顾问的能力 为篮子中的后续订单减少止盈 考虑当前趋势或逐步调整开仓订单 MT5版本->     这里     / 故障排除 ->  这里     输入变量的详细说明和说明   -> 这里 顾问如何交易: -首先,在交易时,会考虑当前趋势活动(“主趋势过滤器”变量)。它越小,反转的可能性就越高,EA 将打开的订单就越少。 -当打开每个新订单时,EA 通过“趋势过滤器减少每个订单”来减少趋势的活动,以获取后续信号。 - 在趋势过滤信号之后使用振荡器反转信号。 确定振荡器信号活动的变量是 - 振荡器周期 - 振荡器周期。越小,信号越活跃。 振荡器区域的 K1 - 权重因子 #1。它越小,信号越活跃。 振荡器区域的 K2 - 权重
EA Gold Algo
Mohamed Hassan
4.33 (3)
EA Gold Algo is a professional Expert Advisor specifically designed for Gold (XAUUSD) trading. It is engineered to capture extremely fast price movements  that occur when price escapes key structural zones with momentum. Gold is known for sharp expansions and aggressive volatility. EA Gold Algo is built to operate in these conditions with high-precision execution, strict risk control, and fast reaction speed . The EA does not use grid or martingale techniques . Each trade is executed independe
Forex GOLD Investor
Lachezar Krastev
4.46 (50)
WINTER SALE — FINAL DAYS! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results: https://www.m
AI Prop Firms MT4
MQL TOOLS SL
5 (4)
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
Goldbot One MT4
Profalgo Limited
5 (5)
推出促銷活動: 目前價格只剩幾本! 最終價格:990$ 新:購買 Goldbot One 並免費選擇 1 個 EA! (適用於2個交易帳戶) 加入公共團體: 點擊此處   終極組合優惠   ->   點擊此處 LIVE SIGNAL 隆重介紹   Goldbot One ,這是一款專為黃金市場設計的高度複雜的交易機器人。 Goldbot One 專注於突破交易,利用支撐位和阻力位來識別主要交易機會。 該專家顧問專為在波動的貴金屬市場中尋求效率、可靠性和策略優勢的交易者而設計。   值得注意的事實:     EA 在樣本外資料中的表現與用於最佳化的樣本內資料完美一致。   樣本內時期為2016年至2023年。 用於確認策略的樣本外資料為 2004-2016 年和 2024 年。       2024年,業績躋身近20年來最好之列!   現在,這是未來表現的一個非常好的指標。   主要特點: 多策略方法: 獲勝策略的 8 種變體: Goldbot One 運行八種不同的突破策略變體,每種變體都針對不同的市場條件進行了最佳化。這種多元化確保了風險的良好分散並創造了更平穩的成長預期  
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Range Breakout EA
BM Trading GmbH
4.6 (15)
Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept. The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program. I use the strat
Trade Bro EA
BM Trading GmbH
4.75 (106)
The Trade Bro tool helps you to calculate your positions size and place orders quickly. You no longer need to count ticks or do time consuming calculations. The easy to understand graphical panel is designed to interact with the chart of your symbol perfectly. Please leave a 5 star rating if you like this free tool! Thank you so much :) List of Inputs: <Graphic> InpFontSize: FontSize of the text of the trading panel. InpShowLinesRight: When set to true the entry, TP and SL lines will be oriente
FREE
Turnaround Tuesday EA MT5
BM Trading GmbH
5 (1)
This EA can be used to trade the well known Turnaround Tuesday strategy. The original idea of the strategy is to wait for setbacks in the major indices and then benefit from recovery moves at the beginning of a new week. Many traders used (and still use) this strategy over the years. The EA will only open buy trades. Personally I use the program in index CFDs because these should tend to go up sooner or later. Economies are growing and so do the big indices. Even though nobody can guarantee thi
Go Long EA
BM Trading GmbH
2 (1)
The Go Long EA was designed to follow a really simple strategy. Many traders are seeking for the next super complex algorithm, while in reality the most basic concepts are the ones that work best. One of these basic concepts is the concept of growing economy. In theory (and the past has definitely proven this so far) the worldwide economy is always growing. In practice this means that some financial markets/symbols/products, such as index or stock CFDs, benefit from this. So why not just buy the
Trend Tracer EA
BM Trading GmbH
4.38 (58)
The Trend Trader EA can identify and trade market trends. Due to the nature of the strategy it will perform better in trendy market conditions and might struggle with sideways markets. It includes various trade management options to make adjustments whenever the market requires it. If you like the program then please consider leaving a 5 star rating and a short comment :)
FREE
Trendline Trader EA
BM Trading GmbH
5 (2)
The Trendline Trader EA helps you to analyze and trade the markets with trendlines. You can place and modify lines easily with only few clicks. When you found a strong trend you can also activate the lines to open trades (or place orders) when reached by the price. The tool helps you to analyze multiple markets and still be able to trade trends without sitting in front of the charts all the time. You can change the appearance of the lines. It might be a good idea to choose different colors or si
Trend Tracer EA MT4
BM Trading GmbH
4.2 (5)
The Trend Trader EA can identify and trade market trends. Due to the nature of the strategy it will perform better in trendy market conditions and might struggle with sideways markets. It includes various trade management options to make adjustments whenever the market requires it. If you like the program then please consider leaving a 5 star rating and a short comment :)
FREE
Ninja Turtle Scalper EA
BM Trading GmbH
2 (1)
The Ninja Turtle Scalper uses the Donchian Channel EA to find entry signals – just like the famous turtle trades did back then. The indicator is simple but yet effective. It is used by professional traders for many years and now also part of the MT5 framework. If you ever wanted to use the indicator's signals for scalping entries, this is the right EA for you. No AI, Martingale or Grid needed. This is NOT the holy grail of trading. It will not make you rich over night and it is not risk free. Ju
The Tester Trader EA is designed to simulate your manual trading strategy in the strategy tester. By default this is not possible and manual trading is completely disabled in the MT5 strategy tester. This tool helps you to open, manage and close orders and positions easily using action buttons in the chart. Forward testing your manual trading strategy can be a real pain. Time moves slow and it can take days or months to fully test a manual trading strategy. With this tool you can simulate forwar
Slippage Calculator
BM Trading GmbH
5 (3)
If you are using scalping strategies (or any strategy that uses stop orders for position opening or closing) you need to know your slippage. Slippage is the difference between your pending order price and the price that your brokers uses to execute your order. This can be really different and depends on the broker as well as on the market conditions (news, trading hours, etc..) With this small script you can calculate the slippage you "paid" in points and also in your account currency. You also
FREE
If you are using scalping strategies (or any strategy that uses stop loss orders for position closing) you need to know your slippage. Slippage is the difference between your order price and the price that your brokers uses to execute your order. This can be really different and depends on the broker as well as on the market conditions (news, trading hours, etc..) With this small script you can calculate the slippage you "paid" in points and also in your account currency. You also get average va
FREE
筛选:
Jochen1965
155
Jochen1965 2023.06.16 08:16 
 

Dieser EA macht genau das was er soll. Basierend auf einer nachvollziehbaren open range Strategie werden analog der gesetzten Parameter, Trades gesetzt und ausgeführt. Dass hierbei nicht jeder Trade ein Gewinn sein kann sollte klar sein. Kein Grid oder Martingale System, einfach und transparent gehalten. Gefällt mir!

Anthony Arundell
98
Anthony Arundell 2023.03.19 12:11 
 

I have purchased the range breakout ea. but cannot load it onto the mt5 platform I log into the MQL5 community and its not there nothing is My account is with FTMO and I loaded the last trade manager manually

BM Trading GmbH
80354
来自开发人员的回复 Rene Balke 2023.03.19 13:00
Hey, this is weird. You can use the service desk here on mql5 to ask for support. I think they can see all the purchases and provide fixes for this.
Liam Greene
51
Liam Greene 2023.02.03 01:16 
 

I was using the same strategy on the GbpUsd for the London Breakout but had to get up early and measure the levels this strategy allows me a lie in without missing the setups due to sleep ins.

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