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Candle Range Breakout and Reversal MT4 EA

Candle Range Breakout and Reversal MT4 EA by SK

What this EA does:

It find the high-low or open-close from the previous candle trade using that range.

For scalping, user can use shorter candle timeframe.
Everytime there is a new candle, the range is updated to the previous candle.

This process is repeated until trading window ended.

If the candle size is big, there might be only small momentum left for breakout.

That's why reversal strategy should be implemented.

If the range size is bigger than min range size specified by user,
user can add distance pts to activate Reversal Trade Strategy.
If the range size is big and price swing inside the range,
reversal trade can capitalize on that.


Features or Setting:

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

Previous orders should be closed and deleted before trade window time start.

Previous orders should be closed and deleted at the end of trade.
Previous orders should be closed and deleted when there is new candle or new range.

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.

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


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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, whi
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Way To Stars, düşük riskli fırsatlardan yararlanmak için düşük piyasa oynaklığı dönemlerinde ticaret yapmak için özel olarak tasarlanmış bir gece scalping EA'sıdır. Bu gece scalping EA, sık ticaret için küçük fiyat hareketlerini yakalamaya ve böylece zaman içinde kar biriktirmeye odaklanır. İşlem başına potansiyel kayıpları sınırlamak için katı stop-loss önlemleri kullanır ve etkili risk yönetimi sağlar. Way To Stars, sözde sinir ağlarına, yapay zekaya, ChatGPT'ye veya mükemmel düz çizgi geriye
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
Bonnitta EA
Ugochukwu Mobi
2.9 (20)
Bonnitta EA, Bekleyen Pozisyon stratejisine (PPS) ve çok gelişmiş bir gizli ticaret algoritmasına dayanmaktadır. Bonnitta EA'nın stratejisi, gizli bir özel gösterge, Trend çizgileri, Destek ve Direnç seviyeleri (Fiyat Eylemi) ve yukarıda belirtilen en önemli gizli ticaret algoritmasının bir kombinasyonudur. 3 AYDAN FAZLA GERÇEK PARA TESTİ OLMADAN BİR EA ALMAYIN, BONNITTA EA'YI GERÇEK PARA ÜZERİNDE TEST ETMEM VE SONUCU AŞAĞIDAKİ BAĞLANTIDAN GÖRMEM 100 HAFTADAN FAZLA (2 YILDAN FAZLA) ALDI. BONN
This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
Aurum Apex Mt4 EA
Martin Alejandro Bamonte
5 (1)
Aurum Apex EA Açıklaması Aurum Apex EA, MT4 Platformu için tasarlanmış güçlü bir %100 otomatik ticaret aracıdır. Piyasayı gerçek zamanlı olarak analiz eder ve çeşitli ticaret fırsatlarını tespit eder. Tüm seviyelerdeki tüccarlar için uygun olan Aurum Apex EA, Risk parametresi aracılığıyla ayarlanabilen üç risk modu sunar: Risk = 0.1 (Düşük Risk): Altın hareketlerine aşina olmayan yeni tüccarlar için idealdir. Bu ayar sürprizleri en aza indirirken güveni artırır. Risk = 0.2 (Orta Risk): Altın ti
Indicement MT4
Profalgo Limited
5 (2)
Indicement'a Hoş Geldiniz! PROP FİRMASI HAZIR! -> set dosyalarını   buradan indirin LANSMAN PROMOSYONU: Güncel fiyattan sadece birkaç adet kaldı! Son fiyat: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) En İyi Kombo Fırsatı     ->     buraya tıklayın KAMU GRUBUNA KATILIN:   Buraya tıklayın   LIVE SIGNAL INDICEMENT,   Endeks piyasalarına profesyonel işlem algoritmaları oluşturma konusunda 15 yıllık deneyimimi getiriyor. EA, en iyi giriş fiyatını bulmak için çok iyi düş
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
The Expert Advisor trades on the signals of the Trend Line PRO indicator. Orders are managed automatically. The EA has a Recovery function that increases the order size if the previous trade was closed with a loss. You can use from 1 to 3 orders at the same time. The Expert Advisor fully complies with the indicator signals and FIFO rules, does not use the grid function, which allows you to start trading with a minimum deposit of $100 The EA has a mobile trading panel for managing auto-trading f
Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
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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
Time Range Breakout and Reversal MT4 EA by SK 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 max range size specified by user, user can add distance pts to activate Reversal Trade Strategy. If the range size is big and price swing inside the range, reversal trade can capitalize on that. It has the option to trade as soon as the time range ended or wait
Moving Average Reversal and Pullback Range Breakout MT4 EA 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. Features or Setting: Parameters
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Sürüm 1.10 2024.03.05
Minor Bug Fix