{"id":7210,"date":"2025-08-28T06:49:58","date_gmt":"2025-08-28T06:49:58","guid":{"rendered":"https:\/\/fxex4.com\/shop\/product\/range-breakout-ea-v1-35\/"},"modified":"2025-08-28T07:48:27","modified_gmt":"2025-08-28T07:48:27","slug":"range-breakout-ea-v1-35","status":"publish","type":"product","link":"https:\/\/fxex4.com\/shop\/product\/range-breakout-ea-v1-35\/","title":{"rendered":"Range Breakout EA v1.35"},"content":{"rendered":"<h1 class=\"product_title entry-title\">Range Breakout EA v1.35<\/h1>\n<p><strong>Content:\u00a0<\/strong>Expert:\u00a0Range Breakout EA MT4-1.35-fix-1422.ex4\u00a0<span><strong>(Unlocked for MT4 Build 1422+)<\/strong><\/span>, How to install MT4 files.pdf<iframe loading=\"lazy\" width=\"733\" height=\"412\" src=\"https:\/\/www.youtube.com\/embed\/rT7eGEoJxHg\" title=\"Range Breakout Expert Advisor Explanation\"><\/iframe><\/p>\n<p>Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept.\u00a0The Range Breakout Expert Advisor can be used to trade time ranges. The market often finds its direction in the morning hours and then follows this trend for the day. This expert advisor is designed to trade these trends after the morning breakout. Still you can trade all sorts of time breakouts with this program.<br \/>I use the strategy in a live trading account for many years now and so far it is doing really good. For my live trading I only use a very small lotsize of 0.02 lots per Trade, but this could be increased of course.<\/p>\n<p>You can check the myfxbook documentation if you search for the system with the name BM Trading Show 1. Use the custom analysis to filter magic number 1 (Range Breakout EA EURUSD) and magic number 5 (Range Breakout EA USDJPY).<\/p>\n<p>The default settings of the program are the ones I use for USDJPY. For EURUSD I use the same settings but the time for the range is 09:00 \u2013 10:30, orders will be cancelled at 20:55 and positions closed at 21:55. Please do your own testing!! These are only the settings that I use but there might be better settings. I cannot give any advice or recommendation here since I cannot predict future market movement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-70939\" src=\"https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/Screenshot-1147.png\" alt=\"\" width=\"1920\" height=\"1014\" srcset=\"https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/Screenshot-1147.png 1920w, https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/Screenshot-1147-1280x676.png 1280w, https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/Screenshot-1147-980x518.png 980w, https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/Screenshot-1147-480x254.png 480w\" sizes=\"auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1920px, 100vw\"><\/p>\n<p><b>&lt;General Settings&gt;<\/b><\/p>\n<p><b>Timeframe Range Calculation:<\/b>\u00a0Chart timeframe used for range calculation (always use PERIOD_M1 for live trading and only change in tester if you do not have enough M1 data)<\/p>\n<p><b>Trading Volume:<\/b>\u00a0Mode for the calculation of the lot size for each trade<\/p>\n<p><b>Fixed Lots:<\/b>\u00a0Lot size for each trade if the fixed trading volume mode is chosen<\/p>\n<p><b>Fixed Lots Per x Money:<\/b>\u00a0Uses \u201cFixed Lots\u201d per each x amount of money in your trading account<\/p>\n<p><b>Risk Percentage of Balance:<\/b>\u00a0The lot size for each trade will be calculated so that the set percentage of your account will be lost if the inital SL is triggered<\/p>\n<p><b>Order Puffer Points (0 = No Puffer):\u00a0<\/b>Orders will be placed x points above and below the range<\/p>\n<p><b>Target Factor (0 = No TP):\u00a0<\/b>The distance form the entry order price to the TP calculated as a multiple of the current range<\/p>\n<p><b>Stop Factor (0 = No SL):\u00a0<\/b>\u00a0The distance form the entry order price to the SL calculated as a multiple of the current range<\/p>\n<p><b>&lt;Time Settings&gt;<\/b><\/p>\n<p><b>Range Start Hour:\u00a0<\/b>Hour for the start time of the daily range<\/p>\n<p><b>Range Start Minute:\u00a0<\/b>Minute for the start time of the daily range<\/p>\n<p><b>Range End Hour:<\/b>\u00a0Hour for the end time of the daily range<\/p>\n<p><b>Range End Minute:<\/b>\u00a0Minute for the end time of the daily range<\/p>\n<p><b>Delete Orders Hour:<\/b>\u00a0Hour for the expiration time of pending orders<\/p>\n<p><b>Delete Orders Minute:\u00a0<\/b>Minute for the expiration time of pending orders<\/p>\n<p><b>Close Positions:\u00a0<\/b>Decides if open positions are closed at the close position time<\/p>\n<p><b>Close Positions Hour:\u00a0<\/b>Hour for the close time of open positions<\/p>\n<p><b>Close Positions Minute:\u00a0<\/b>Minute for the close time of open positions<\/p>\n<p><b>&lt;Trailing Stop Settings&gt;<\/b><\/p>\n<p><b>BE Stop Trigger Points (0 = Inactive):\u00a0<\/b>The Break Even Stop is activated as soon as a trade is more than the BE Stop Trigger Points in profit<\/p>\n<p><b>BE Stop Puffer Points:\u00a0<\/b>The Break Even Stop will move the Stop Loss BE Stop Puffer Points in profit once it is activated<\/p>\n<p><b>TSL Trigger Points (0 = Inactive):\u00a0<\/b>\u00a0The Trailing Stop is activated as soon as a trade is more than the TSL Trigger Points in profit<\/p>\n<p><b>TSL Points:<\/b>\u00a0The Trailing Stop will be trailed in this set distance behind the current market price<\/p>\n<p><b>TSL Step Points:<\/b>\u00a0The SL will only be modified if it is at least this distance above the previous SL<\/p>\n<p><b>&lt;Trading Frequency Settings&gt;<\/b><\/p>\n<p><b>Max Long Trades:\u00a0<\/b>Maximum amount of buy trades on a single day<\/p>\n<p><b>Max Short Trades:\u00a0<\/b>Maximum amount of sell trades on a single day<\/p>\n<p><b>Max Total Trades:\u00a0<\/b>Maximum amount of trades on a single day<\/p>\n<p><b>&lt;Range Filter Settings&gt;<\/b><\/p>\n<p><b>Min Range Points:\u00a0<\/b>Ranges are ignored if they are smaller than the Min Range Points<\/p>\n<p><b>Max Range Points:\u00a0<\/b>Ranges are ignored if they are bigger than the Max Range Points<\/p>\n<p><b>&lt;More Settings&gt;<\/b><\/p>\n<p><b>Range Color:<\/b>\u00a0Color of the range object in the chart<\/p>\n<p><b>Order Comment:\u00a0<\/b>Commentary for every order the EA places<\/p>\n<p><b>Magic Number:<\/b>\u00a0This number should be unique for every EA in your account since the EAs use it to identify their own trades<\/p>\n<p><b>Chart Comment:<\/b>\u00a0Activates or deactivates the comment in the upper left corner of the chart<\/p>\n<p><b>Debug Mode:\u00a0<\/b>Activate to see more information about the current EA state in the experts journal<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-70940\" src=\"https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/range-breakout-ea-screen-4381.jpg\" alt=\"\" width=\"640\" height=\"480\" srcset=\"https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/range-breakout-ea-screen-4381.jpg 640w, https:\/\/budgetforex.com\/wp-content\/uploads\/2024\/10\/range-breakout-ea-screen-4381-480x360.jpg 480w\" sizes=\"auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 640px, 100vw\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Range Breakout EA v1.35 Content:\u00a0Expert:\u00a0Range Breakout EA MT4-1.35-fix-1422.ex4\u00a0(Unlocked for MT4 Build 1422+), How to install MT4 files.pdf Unlike many other programs in the mql5 market this is a REAL day trading strategy. It does not use any martingale or grid functionalities and follows a logical concept.\u00a0The Range Breakout Expert Advisor can be used to trade [&hellip;]<\/p>\n","protected":false},"featured_media":7225,"template":"","meta":[],"product_brand":[],"product_cat":[860],"product_tag":[],"class_list":{"0":"post-7210","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-experts","8":"first","9":"instock","10":"sale","11":"shipping-taxable","12":"purchasable","13":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/product\/7210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/types\/product"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/media\/7225"}],"wp:attachment":[{"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/media?parent=7210"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/product_brand?post=7210"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/product_cat?post=7210"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/fxex4.com\/shop\/wp-json\/wp\/v2\/product_tag?post=7210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}