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Moving Average Range Breakout MT4 EA

88 USD

Demo downloaded: 11

Published: 2 March 2024

Current version: 1.10

Moving Average Range Breakout MT4 EA

Experts
Suyanto
Version: 1.10
Updated: 6 March 2024
Activations: 5

Moving Average Reversal and Pullback Range Breakout MT4 EA

Live Trading on real account

https://www.youtube.com/watch?v=nfJAruSfyL4

https://www.youtube.com/watch?v=ZjKmbiB3OKA

What this EA does:

This EA place pending BUY STOP and SELL STOP order trailing moving average by distance pts.
It waits for price to make a reversal trend or hit moving average and make a pullback.
Pending order stop trail the moving average until executed.
For scalping, change the moving average to shorter period.

Please change the Close and Delete orders before and after trade parameter to true.

Watch the video for demonstration, features detail and live streaming trade using this EA on real account.

Also check out my youtube channel for more.

https://www.youtube.com/watch?v=IrrJ15lUJow

https://www.youtube.com/watch?v=7XTaYu8hq0U

Features or Setting:

Parameters must be re-tune or recalibrate according to pairs
and market condition depending how big the price swing in average.

Orders should be closed and deleted at the end of trade.

Previous orders must be closed before new trade session start.

Option to execute order instead of pending order stop
if price is out of range when trading time start.
Should be turn off to be safer.
But by turning on we can catch the trend or momentum.

Order Frequency to limit over trading
or to trade Long only or to trade Short only
if there is strong trend in fundamental or macroeconomics.

SL trail @ Moving Average when
Moving Average >= Buy Order Price
Moving Average <= Sell Order Price
This feature put stoploss @ moving average and price is in the range when it hit stoploss.
When price is in the range, a new pending order can be send to sandwich the price,
capturing next price movement, pullback or reversal.

Trailing Stop, SL trail market price by pts
when triggered pts from Order Price.

Locking Stop or Breakeven Stop, Lock SL at Order Price by pts
when triggered pts from Order Price.

Partial Close, close partial(some) lot
when triggered pts from Order Price.

*Martingale* option to change lot size after number of trades.

Equity Stop to delete and close orders when triggered.
(*Orders from this EA or all orders within this account)

Disclaimer:
There is no winning guarantee.
Treat this EA as a tool to help you trade, to test on your theory or strategy or parameters.
Combine it with other techniques, fundamentals, macroeconomics.
Since this is a breakout strategy, always look for strong trend or strong momentum
like news, trading session opening (Asia Session, London Session, New York Session).
If you are trading on USD pair, look for USD news and New York opening Session.

Risk:
Sideways or weak momentum hitting multiple StopLoss

Recommendation:

USDJPY pair

Start trading time on New York Session where news or market might push price in one direction

more...

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News Catcher Range Breakout MT4 EA "Trade on news and capture sudden price movement" What this EA does: This EA will help you trade on News. User input the news hour and time or read the next news date and time from a text file. The text file should be in MQL4\Files folder for live trading. and in tester\files folder for back test. Specify trading window time, start minutes before and end minutes after news. User can also trade after the news to avoid risk of slippage and capture pri

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Time Range Breakout and Reversal MT4 EA by SK Watch the video for demonstration, features detail and live streaming trade using this EA on real account. Also check out my youtube channel for more. https://youtu.be/F6JdcvjscFE Live Trading: https://www.youtube.com/live/ABAmSJ1Oy9E What this EA does: It find the high and low from a specified range period of time and trade using that range. The EA trade on that range breakout. But If the range size is bigger than min range size specified

88 USD

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Version 1.10 2024.03.06

Fix Minor Bugs