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RangeBreakout EA MT5

FREE

Published: 26 February 2024

Current version: 1.1

RangeBreakout EA MT5

Name: RangeBreakout EA MT5
Rating: 5 (6 reviews)
Author: Claye Weight

Experts
Claye Weight
Version: 1.1
Updated: 16 September 2024

No Martingale. No Grid. This genuine trading strategy is a Range Breakout Trading Robot specializing in capitalizing on time range trades. Typically, the market establishes its course in the early hours, continuing on this path throughout the day. This robot is crafted to leverage these morning breakouts for trend trading, although it's versatile enough to handle various time breakout strategies.

Popular Strategies you can use this for:

Session Breakouts, such as the Asian session breakout
Opening Range Breakouts on any timeframe

DM me for the Set File pictured below

This Range Breakout Robot has many different settings options to allow you to use and get specific with multiple strategies

Settings:

Range Color
Start Time
End Time

– Risk Settings -

Risk Options (Lots | Percentage)
Lot Size (Fixed)
Percentage of Equity

– Order Settings -

Magic Number
Allow Both directions
Close Trades at certain Hour
Close Orders at certain Hour

– Entry Settings -

Risk Options (Session | Pips)
Stoploss (Pips)
Stoploss % based on the Session
Partial Take Profit (Set to 0 for off)
Partial Take Profit Close %
Final TP (Set to 0 for off)
Activate Trailing Stoploss (TSL)
Trigger Distance (TSL)
Trailing Distance (TSL)

more...

Ashrenko Andriy 2024.09.12 15:31 #

kinda good, ill make a try. can I get set file please sir

sam07 2024.05.28 08:58 #

good one,thank you

1364

Seth Tetteh 2024.04.25 12:02 #

good

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FREE

Filter:

Ashrenko Andriy 2024.09.12 15:31 #

kinda good, ill make a try. can I get set file please sir

137

mm0079 2024.07.20 11:24 #

Thx for this. I did see some trades not being taken on GBPUSD lately though (?)

3072

Bin Jumahat Johan 2024.06.04 11:48 #

User didn't leave any comment to the rating

sam07 2024.05.28 08:58 #

good one,thank you

Antler0 2024.05.13 05:52 #

User didn't leave any comment to the rating

10299

Reply from developer Claye Weight 2024.05.13 07:23 #

Thank you! unfortunately no, because people will just re-sell it as their own and make money off my work

FangChenchen956 2024.05.11 10:48 #

User didn't leave any comment to the rating

1364

Seth Tetteh 2024.04.25 12:02 #

good

440

renko1234 2024.03.28 21:29 #

Thank you for this very useful EA.

10299

Reply from developer Claye Weight 2024.04.03 08:20 #

Thank you!

dexoluss 2024.03.04 11:23 #

I wasnt able to make it profitable every year. Backtested with my settings and with 100USD - 0.01lot It performed --> Year 2023 +60,67USD / Year 2022 +54,44USD / Year 2021 -49USD / Year 2020 -42USD / Year 2019 -85USD Tested with original settings from creator --> Year 2023 66.79USD / Year 2022 18.13USD / Year 2021 -43.34USD / Year 2019 -95.24USD I guess for free its okay but i wouldnt pay for it. It depends on the year but its not profitable overtime..

User support 5/5 i didnt really want to bother you since i wont use it more i guess but thanks!

10299

Reply from developer Claye Weight 2024.03.05 10:05 #

Hey, firstly this is a tool designed to empower people who want to trade popular strategies like ORB or Asian Session Breakout. Secondly, even though this is a tool, there are definitely profitable input settings, and I even get people started with a free set file (the one in the image) which you can see is profitable overtime. Thanks for the review. You should’ve reached out to me before writing this review so I could’ve had the chance to get a 5/5 for user support hahah. But thanks again, much appreciated.

Version 1.1 2024.09.16

Fixed "Allow both Directions" Bug, where it will allow trades in both directions even when set to false