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High Low Breakout

The Breakout Scalper is a trading script that automates the process of placing trades based on high and low breakout points. It is developed to work on the MetaTrader platform, leveraging the MQL5 programming language. The bot is designed to identify potential breakout points and execute trades accordingly, aiming to capitalize on market momentum following significant price movements.

Key Features

  1. Trading Strategy:

    • High-Low Breakout: The bot identifies potential breakout points by analyzing the highest and lowest prices over a specified period. It places Buy Stop orders at breakout highs and Sell Stop orders at breakout lows.
  2. Customization and Input Parameters:

    • Trade Settings: Includes parameters for enabling/disabling buy and sell trades, setting the trading volume (lots), and defining take profit (TP) and stop loss (SL) points.
    • General Settings: Allows customization of risk percentage, trading timeframe, and a unique magic number to distinguish trades made by the bot.
    • Advanced Settings: Features a trailing stop mechanism to lock in profits, trigger points for the trailing stop, and new SL points.
    • Trade Time Settings: Configurable trading hours and days to control when the bot is active.
    • Additional Settings: Includes order distance from the current price, order expiration time, and maximum slippage and spread allowed.
  3. Trade Execution:

    • Buy and Sell Orders: Executes Buy Stop and Sell Stop orders based on identified breakout points.
    • Trailing Stop: Adjusts the stop-loss levels as the market moves in the trade's favor, securing profits.
  4. Utility Functions:

    • Order and Position Management: Functions to count current positions and orders, ensuring the bot only places new orders if none are currently open.
    • High and Low Calculation: Functions to find the highest high and lowest low prices over a specified number of bars.
    • Order Validation and Deletion: Checks the validity of orders and deletes those that are no longer relevant.
    • Time and Day Filters: Ensures trades are only placed within specified trading hours and days.
  5. Safety and Risk Management:

    • Risk Control: Configurable risk percentage to limit exposure per trade.
    • Slippage and Spread Control: Parameters to set maximum allowable slippage and spread, ensuring trades are executed under favorable conditions.

Usage

The Breakout Scalper is suitable for traders looking for an automated solution to trade breakouts in various markets, including forex, stocks, and commodities. It is ideal for those who prefer a systematic approach to trading, leveraging predefined rules and parameters to eliminate emotional decision-making.


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Presentazione del nostro EA MT5: Alimentato da algoritmi avanzati e tecnologia di apprendimento profondo, il nostro Expert Advisor (EA) è meticolosamente progettato per guidarvi attraverso il mondo intricato del trading sul forex. Il sistema analizza diligentemente le attività di mercato ed effettua operazioni in base a criteri prestabiliti, consentendovi di cogliere le tendenze di mercato in modo più efficace. Coppie di valute consigliate: Segnale dal vivo:   TrendMaster FX Versione MT4:   Tre
Gold exe
Maksim Dmitriev
5 (1)
Offerta di 3 giorni 199$  Prezzo dell'offerta: Dopo la vendita di 15 copie, il prezzo aumenterà (ne restano 1).     Prezzo regolare: $ 649     Prezzo scontato (offerta a tempo limitato): $ 489 Gold EXE Expert Advisor di Seguito delle Tendenze     Questo esperto utilizza l'intelligenza artificiale per riconoscere le tendenze del mercato.     È stato testato per oltre 10 anni utilizzando dati reali e ha mostrato prestazioni stabili.     L'advisor può essere utilizzato su diversi tipi
Dark Algo MT5
Marco Solito
5 (56)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . 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 m
FT Gold Robot MT5
Marzena Maria Szmit
4.46 (57)
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
Oracle MT5
Stanislav Tomilov
5 (13)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Quantum StarMan
Bogdan Ion Puscasu
4.91 (77)
Ciao a tutti, mi presento: Sono Quantum StarMan, il membro elettrizzante e più fresco della famiglia Quantum EA. Sono un EA multivaluta completamente automatizzato con la possibilità di gestire fino a 6 coppie dinamiche: AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD, e USDCAD. . Con la massima precisione e incrollabile responsabilità, porterò il tuo gioco di trading al livello successivo. Ecco il kicker: non mi affido alle strategie Martingale. Invece, utilizzo un sofisticato sistema di griglia progett
New Way Scalper EA
Xian Qin Ceng
5 (4)
NEW WAY Scalper è un EA per scalpi notturni che può scambiare più coppie di valute L'EA per scalpi notturni ha una storia molto lunga, che può essere fatta risalire al 2012 o anche prima. Questa strategia ha un’efficacia a lungo termine, una popolarità duratura e molti aderenti. Dopo due anni di ricerche approfondite e approfondite, il mio team ha sviluppato il New Way Scalper basato sui punti di forza di vari EA per il cuoio capelluto notturno. Tra le coppie di valute dirette, è più adatto per
GoldPulse AI MT5
Babak Alamdar
4.09 (34)
Acquista non un backtest, ma un vero sistema di trading:  Live Signal 1     Live Signal 2       Live Signal 3   Questo prezzo è temporaneo per la durata della promozione e verrà aumentato a breve Ottieni 1 EA gratis -> contattami dopo l'acquisto Sono rimaste solo poche copie al prezzo attuale, il prezzo successivo è -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Questo è il primo robot più intelligente che scambia oro o XAU con coppie complete come XAUUSD, XAUEUR, XAUGBP,
Aura Black Edition MT5
Stanislav Tomilov
4.26 (27)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
Gold Excel MT5
Gregory Hay
4.84 (19)
benvenuto a       Versione GoldExcel EA MT5   , trading valido per la coppia di valute XAUUSD (GOLD) di oggi. È stato progettato dal nostro team per gestire account regolari, account sponsorizzati e attività. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. JinZhuo       Questa è una strategia di trading giornaliero che utilizza solo coppie d'oro. Le coppie d'oro sono idea
Altri dall’autore
The Time Range Breakout Strategy is an advanced, automated trading solution designed to capitalize on market movements within specific time intervals. Developed for the MetaTrader platform using MQL5, this strategy identifies key breakout points within a user-defined time range and executes trades accordingly. Here's a detailed description of the product for sellers: Product Overview Time Range Breakout Strategy Product Highlights: Automated Trading : Executes buy and sell orders automatically b
The News Breakout Strategy is an advanced, automated trading solution designed to capitalize on market movements during specific time intervals. Developed for the MetaTrader platform using MQL5, this strategy identifies key breakout points within a user-defined time range and executes trades accordingly. Additionally, it adjusts the timing based on news events related to two currencies, enhancing its responsiveness to market conditions.
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Versione 1.1 2024.07.24
version 1.01