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Range Breakout incl Safetynet for MT4

This Expert Advisor implements the Range Breakout Strategy, a simple yet effective short-term trading strategy.

  • Easy to use and supervise
  • Fully configurable settings
  • Customizable break-even, SL, TP
  • Built-in money management
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Trading is FIFO (NFA) Compliant


The Range Breakout Strategy

Using this strategy, the trader places a buy stop/limit just above the open price of your defined range and a sell stop/limit just below the open price.

The first stop triggered enters the trader into the trade and the other stop becomes the protective stop.

The research shows that the earlier in the trading session the entry stop is hit the more likely the trade will be profitable at the close.


Input parameters

Money Management

- fixed lotsize
- risk versus capital in % (you define the maximal risk in % per trade. The EA calculates based on the Equity and stop loss the size of the trade)

Time Management

- Range start = beginning of the range in HH:MM
- Range stop = end of the range in HH:MM
- Trade stop = from this point no new trade will be opened, running trades remains
- Position close = at this time ALL open trades will be closed

Risk Management

- TP factor in % = you define the TP range. 100% means the full range size. 150% means 1,5 times the range size
- SL Factor in % = you define the SL range. 100% means the full range size. 150% means 1,5 times the range size
- Min range in pips = the minimum range in pips. If the range is too small, there will be no trade on that day
- Max trades per day = you define the total number of maximum trades per day
- Max buy trades = you define the ratio to the max trades per day
- max sell trades

General settings

- Slippage = slippage you allow
- Magic number = unique number for the EA
- EA comment = definition/name of the EA
- Text color in App Window
- Main rectangular color
- Sub rectangular color
- show comment = show or hide the Trading window


Moving average settings

- use Moving average = activate or deactivate the filter
- Time Frame = on which time frame the filter should run. For this EA the best option is the 1 hour or 4 hour time frame
- period = choose the period for the Moving Average
- shift
- Method
- applied price












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5 (1)
Descripción de Aurum Apex EA Aurum Apex EA es una herramienta de trading automatizada robusta al 100%, diseñada para la plataforma MT4. Realiza análisis de mercado en tiempo real, detectando diversas oportunidades de trading. Apto para traders de todos los niveles, Aurum Apex EA ofrece tres modos de riesgo, ajustables a través del parámetro de Riesgo: Riesgo = 0.1 (Bajo Riesgo): Ideal para nuevos traders que no están familiarizados con los movimientos del oro. Esta configuración minimiza las so
Indicement MT4
Profalgo Limited
5 (2)
¡Bienvenido a Indicement! ¡PROP FIRM LISTO! -> descargar archivos del conjunto   aquí PROMOCIÓN DE LANZAMIENTO: ¡Solo quedan unas pocas copias al precio actual! Precio final: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Oferta combinada definitiva     ->     haga clic aquí ÚNETE AL GRUPO PÚBLICO:   Haz clic aquí   LIVE SIGNAL INDICEMENT   aporta mis 15 años de experiencia en la creación de algoritmos comerciales profesionales a los mercados de índices. El EA utiliza
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
El Asesor Experto opera en las señales del indicador Trend Line PRO Importante! Después de comprar este asesor, póngase en contacto conmigo para obtener un segundo asesor como regalo Los pedidos se gestionan automáticamente. El EA tiene una función de recuperación que aumenta el tamaño de la orden si la operación anterior se cerró con una pérdida. Puede usar de 1 a 3 pedidos al mismo tiempo. El Asesor Experto cumple plenamente con las señales del indicador y las reglas FIFO, no utiliza la
Forex trading bot ai es un robot basado en inteligencia artificial con capacidades de autoaprendizaje. Este robot inicia sus primeras operaciones en función de los parámetros de entrada especificados en la configuración. Cada operación realizada por el robot se registra en un archivo (memorizado). Luego, el robot analiza todas las operaciones cerradas y las condiciones bajo las cuales se cerraron. Si el beneficio total de las operaciones cerradas es negativo, el robot examina los parámetros con
Otros productos de este autor
MAGIC Bollinger Basket Tired of loosing? Here comes the solution. An EASY to use like the ABC fully automated EA. The MAGIC Bollinger Basket EA is a fully automated Expert Advisor with the use of a martingale system as an option. The Bollinger Band and the RSI indicator are used for entries.  The  advantage  of a Basket Trader, is the function to calculate for all open trades of the same symbol and the same direction a break even point.  From there the defined TakeProfit will start. It is
Magic MACD Basket Tired of complicated Trading systems? Searching for an easy system with constant profits? You need an easy to use system? Handling a robot easy like the ABC! Here we go...   For live results please have a look here: 1) Conservative Setup with 4 currency pairs https://www.mql5.com/de/signals/666217 2) aggressive setup with 1 currency pair https://www.mql5.com/de/signals/640152 Our Magic MACD Basket EA is a fully automated Expert Advisor with the use of a smart martingale s
This EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings. Easy to use and supervise Fully customizable moving average settings Customizable TP Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA/FIFO Compliant Trades will be closed on opposite signals Built-in money management The EA implements the following behaviors: Regular: Buy on bullish crossovers and sell on bearish crossovers Reverse: closes
This indicator is based on the standard MACD indicator, but showing the changes up and down colored. It is a nice assistance to visualize our Expert MAGIC MACD. MAGIC MACD MT4: https://www.mql5.com/en/accounting/buy/market/41144?period=0 MAGIC MACD MT5: https://www.mql5.com/en/accounting/buy/market/41151?period=0 Inputs in the Indicator: Fast EMA: standard is 12 Slow EMA: standard is 26 Signal: depending on what you want to see. For the MAGIC MACD the standard is 1 in common settings: Fixe
This Indicator calculates based on the Stochastic, Fractal and ZigZag the best possible entries in all timeframes. Input Stochastic Oscillator K line period = standard is set to 10 D line period = standard is set to 3 slowing = standard is set to 4 Method = stadard is set to Linear weighted Price value = standard is set to close/close ZigZig settings    Depth = standard is set to 24 Deviation = standard is set to 5 Backstep = standard is set to 3 Bar filter = staard is set to 35 Alarm set
MACD Master Our MACD Master is the Expert Advisor you were searching for. It is easy to set up and brings Money Management such as automated or fixed Stop loss, risk management with fixed amount or percentage on the Account Balance or Account Equity and the most important for a solid system, the definition of the risk ratio - CRV. How does the system work? The system is based on the original idea of the MACD. Whenever the fast EMA and the slow EMA of the MACD are crossing a sell or buy signal
MAGIC Bollinger Basket Tired of loosing? Here comes the solution. An EASY to use like the ABC fully automated EA. The MAGIC Bollinger Basket EA is a fully automated Expert Advisor with the use of a martingale system as an option. The Bollinger Band and the RSI indicator are used for entries.  The advantage of a Basket Trader, is the function to calculate for all open trades of the same symbol and the same direction a break even point.  From there the defined TakeProfit will start. It is l
Magic MACD Basket Tired of complicated Trading systems? Searching for an easy system with constant profits? You need an easy to use system? Handling a robot easy like the ABC! Here we go...   Our Magic MACD Basket EA is a fully automated Expert Advisor with the use of a smart martingale system (Calculates the martingale multiplier according to your defined trace in pips) as an option. The advantage of a Basket Trader is the function to calculate for all open trades of the same symbol and the
This EA trades using Moving Averages Crossovers. It offers fully customizable settings, flexible position management settings. Easy to use and supervise Fully customizable moving average settings Customizable TP Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA/FIFO Compliant Trades will be closed on opposite signals Built-in money management The EA implements the following behaviors: Regular: Buy on bullish crossovers and sell on bearish crossovers Reverse: closes
MACD Master Our MACD Master is the Expert Advisor you were searching for. It is easy to set up and brings Money Management such as automated or fixed Stop loss, risk management with fixed amount or percentage on the Account Balance or Account Equity and the most important for a solid system, the definition of the risk ratio - CRV. How does the system work? The system is based on the original idea of the MACD. Whenever the fast EMA and the slow EMA of the MACD are crossing a sell or buy signal
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