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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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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
Ai Multi Trend MT5
Mansour Babasafary
4.34 (29)
21% discount, until 2024.08.08  (Original price: $1000) Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artific
MT5 EA Tanıtımı: Gelişmiş algoritmalar ve derin öğrenme teknolojisi ile güçlendirilmiş EA'larımız, sizi forex ticaretinin karmaşık dünyasında yönlendirmek için titizlikle tasarlanmıştır. Sistem, piyasa faaliyetlerini özenle analiz eder ve önceden belirlenmiş kriterlere göre işlem yapar, böylece piyasa eğilimlerini daha etkili bir şekilde kavrayabilirsiniz. Önerilen Para Birimleri: Canlı sinyal: TrendMaster FX MT4 versiyonu: TrendMaster FX MT4 İsteğe bağlı para birimleri: GBP/USD (GBPUSD) USD/CAD
Hercules AI
Aleksandr Chebotaev
2.75 (32)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Quantum StarMan
Bogdan Ion Puscasu
4.91 (80)
Herkese merhaba, kendimi tanıtayım: Ben   Quantum StarMan,   Quantum EAs   ailesinin heyecan verici, en yeni üyesiyim. Ben, 6'ya kadar dinamik çifti işleme gücüne sahip, tam otomatik, çok para birimli bir EA'yım:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD ve USDCAD   . En yüksek hassasiyet ve sarsılmaz sorumlulukla ticaret oyununuzu bir sonraki seviyeye taşıyacağım. İşin ilginç tarafı şu: Martingale stratejilerine güvenmiyorum. Bunun yerine, en yüksek performans için tasarlanmış gelişmiş bi
Aura Black Edition MT5
Stanislav Tomilov
4.29 (28)
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
Ai Hybrid Robot MT5
Mansour Babasafary
4.38 (13)
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
Golden Taipan FX
Michael Prescott Burney
3.3 (10)
Golden Taipan FX: The Elite Trading System for XAUUSD H1 Overview: Golden Taipan FX is a cutting-edge trading system engineered specifically for XAUUSD on the H1 timeframe. With over 200 precisely crafted strategies, this system is designed for speed and efficiency, delivering consistent, high-quality trades that maximize profitability. With an impressive win rate exceeding 90%, Golden Taipan FX is your go-to solution for reliable and substantial returns in the gold market. Key Features: High W
Big Forex Players MT5
Marzena Maria Szmit
4.83 (48)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Eternal Engine EA, yatırımcılara kapsamlı bir otomatik ticaret aracı sağlayan, birden fazla gösterge ve strateji kullanan gelişmiş bir Uzman Danışmandır. Çok sayıda ticaret fırsatı sunar, spreadlere duyarlı değildir ve her ticareti tam olarak başlatmak için katı giriş noktaları kullanır. Strateji, bir yıl boyunca gerçek zamanlı düşük DD sinyali ile gerçek piyasada kendini kanıtlamıştır.İster yeni başlayan ister deneyimli bir tüccar olun, Eternal Engine EA olağanüstü bir ticaret deneyimi sunar.
Birçok kişi XAUUSD alım satımını sever ve ben de bir istisna değilim. Biraz alım satım deneyimi ve sıkı çalışma biriktirdikten sonra, bu Apocalypse XAU EA'yı özellikle XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD gibi tüm XAU ile ilgili çeşitlerin alım satımı için yarattım. Bununla birlikte, birçok kişinin tüm XAU döviz çiftleriyle işlem yapması gerekmeyebileceği, yalnızca XAUUSD ticareti yapması gerektiği göz önüne alındığında, giriş seviyesi bir EA çok anlamlı hale gelir. Bu yüzden özellikle XAU
Hoşgeldiniz       GoldExcel EA MT5 sürümü   , bugün XAUUSD (GOLD) döviz çifti için geçerli işlem. Ekibimiz tarafından normal hesapları, sponsorlu hesapları ve etkinlikleri yönetmek için tasarlanmıştır. Yüksek frekanslı ticaret kullanmayın. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Başlangıç fiyatı birkaç haftada bir artar. JinZhuo       Bu yalnızca altın çiftlerini kullanan bir günlük ticaret stratejisidir. Altın çiftleri yüksek günlük oynaklıkları, yüksek o
Parrots Gold MT5
Siti Hadijah Lena
3 (2)
Only 3 copies left at current price!, Next Price 599 USD. So Come on Hurry up!  Parrots Gold MT5 EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots Gold MT5 EA works based on the concept of trend following combined with trading levels. Live signal Parrots Gold MT5 EA is an Expert Advisor that is safe and focuses on long-term use. This EA does not use dangerous strategies such as grids, martingale, hedging. Parrots Gold MT5 EA in making trading decision
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
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Range Breakout EA is designed to identify and trade breakouts from a defined price range. This range is usually determined based on historical price data and represents a period during which the price has been relatively stable. The idea is that when the price breaks out of this established range, it often signals the start of a strong trend in that direction.
FREE
Source code only at 500 usd 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
FREE
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.
FREE
This Expert Advisor offers two strategies in one: you can choose between RSI-based or grid-based order placements. Additionally, it allows trading based on a specified price range of the symbol. //--- input parameters input group "========== Trade       Settings ==========" input string            BotName              = "Grid"; input bool              useRsi               = true; input bool              limiOrderGrid        = false; input bool              BuyTrade             = true;     // Buy
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Sürüm 1.3 2024.08.08
version 1.5
Sürüm 1.2 2024.08.08
version 1.2
Sürüm 1.1 2024.07.24
version 1.01