Candle Breakout EA v2 MT4 MT5

Candle Breakout EA works once per bar, it works with the previous candle's low and high price. It simply opens buy trade if the current price breaks previous candle's high price, It opens sell trade if the current price breaks previous candle's low price. This EA works continuously, you can use a time filter to reduce working hours. For example 03:00 - 15:00. EA uses current timeframe data, so if you will put this on H4 chart it will work with H4 candles, if you will put this on M30, so it will work with M30 candles. Possibly it may be profitable if the price keeps going down and down or keeps going up and up.



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Download MT4 MT5 Versions Here


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Check version 1 here

Version 2 benefits

  • Hidden stop loss, take profit, breakeven, trailing stop.

  • Breakeven.

  • Weekday filter.

  • Spread filter.

  • Profit closer.

  • Trailing stop.

  • Close opposite trade.

  • Reversed mode - buy instead of sell or sell instead of buy.

  • Min total candle size pips - filter which checks previous candle total size in pips, small candles can be filtered.

  • Max total candle size pips - filter which checks previous candle total size in pips, big candles can be filtered.


How to use hidden SL TP

  • You have to decide if you want to use this feature or not before attaching this EA on the chart. Later this option can't be changed, you will have to attach EA freshly.

  • Your Metatrader 4/5 must always be working.

  • Internet connection must be stable.

  • Hidden SL TP prices will be applied also on break even, trailing stop.




Candle Breakout EA v2 MT4 MT5 EAPRODUCER.COM
Eaproducer.com


Candle Breakout EA v2 MT4 MT5 EAPRODUCER.COM
Eaproducer.com


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