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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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Versione MT4: https://www.mql5.com/en/market/product/104871 Monitor delle prestazioni della sfida HFT MT5 (non per account live): Broker: Fusion Market Login: 89600 Password: Greenman89$ Server: FusionMarkets-demo Oltre 700 recensioni autentiche a 5 stelle per la versione MT4 rilasciata in precedenza: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canale pubblico: https://www.mql5.com/en/channels/hftpropfirmea Versione MT4: https://www.mql5.com/en/market/product/104871
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
Ai Multi Trend MT5
Mansour Babasafary
4.31 (26)
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 artificial intelligence for years to correctly recognize trends(wi
Başlangıç ​​promosyonu! Mevcut fiyattan sadece birkaç kopya kaldı! Sonraki fiyat: 1533 $ Son fiyat: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA, tic
Hercules AI
Aleksandr Chebotaev
2.6 (30)
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
Ultimate Bot
Mr James Daniel Coe
4.64 (11)
Bir danışman fiyatına 9 danışman Satın almanız gereken son bot. Ultimate Bot , trend takibi, ortalamaya dönüş ve kırılma modellerinin bir kombinasyonunu kullanarak XAUUSD, GBPUSD, AUDCAD, USDCAD, EURGBP, EURUSD, GBPJPY, USDJPY ve EURJPY ticareti yapan çok stratejili bir Uzman Danışmandır. Her strateji hesap öz sermayesi üzerinde işlem yapar, bu nedenle bir grup düşüşteyse, diğerleri performansı optimize etmek için birlikte çalışarak risklerini azaltır. Bir kez grafik kurulumu, sadece AUDCAD M
FT Gold Robot MT5
Marzena Maria Szmit
4.35 (48)
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
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 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
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipende
Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
4.5 (2)
Arz ve talep ilkelerine dayanan tam otomatik bir danışman . Tamamen otomatik gereksinimler ve rehberlik sağlayan ilk şirketiz. Ticaret artık daha kolay hale geldi ve ticaret stratejiniz üzerinde tam kontrole sahipsiniz. Kullanışlı bir grafik kontrol paneli kullanın. 15.000 satırdan fazla kodla en yüksek kalitede algoritmik ticaret yazılımına sahip olursunuz. EA Teklifleri için ProBot Kılavuzu Gereksinimleri Yetkili bir tüccar olmanın en iyi yolu, ticaret şirketlerinin zorluklarıyla yüzleşmek
Quantum StarMan
Bogdan Ion Puscasu
4.91 (77)
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
Big Forex Players MT5
Marzena Maria Szmit
4.8 (40)
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
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
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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