Breakout-Trader for the automatic trading of breakouts in MetaTrader®4

Breakout-Trader… the trading of classic breakout movements was never easier!

With this Expert Advisor you’ll never miss out a fast market movement again.

• The Expert Advisor continuously observes the chart (or the charts!) on which it has been activated. The EA will automatically open up the desired position with the predefined lot size and afterwards also observe it when it comes to a breakout over/under a relevant breakout-level.

• You determine in which period of time the relevant high for “Long” and low for “Short” is being analyzed. You can divide different periods of time for “Long” and “Short”.

There are two possibilities for the determination of the breakout-level which should be traded (in our description with pictures and examples):

1. Dynamic: the area is moving with every new candle.

2. Static: The breakout-levels which have been determined at the activation of the EA are being maintained until the carrying out of the trade or until the stop of the Expert Advisor.

You can choose between two different breakout styles:

1. Tick-by-tick: In this setting the chosen currency pair is being supervised tick-by-tick (every single exchange rate which is being provided by the broker, is being settled). If one single exchange rate above the defined breakout-level is being reached, the position is immediately opened up via Market-Order. This version is suited very well for the so called news-trading and very strong breakouts, because it’s immediately being bought into the flow of the market.

2. After confirmation of the breakout via an opening price of the new candle above/under the relevant High/Low (well suited in phases with many fault-breakouts).

• Definition of minimum breakout-levels for the decrease of fault-trades. You can determine with how much pips/points the exchange rate at least must have been above the relevant High/under the relevant Low, so that the breakout is being considered and traded. This is well suited for the avoidance of small fault-breakouts where the current level is only being tested and where it’s a resistance.

• You determine the Stoploss and the Takeprofit which is being routed at the opening of the order. You don’t have to change your positions manually. You simply determine these values at the start of the EA. If the expert opens up a position at a later point of time, both values are already well-known and are being supervised by the EA! No further intervention is necessary.

• Furthermore you have the possibility to activate a trailing Stoploss. Before the actual opening of the position you can already determine with which trailing SL the position should be supervised by the breakout trader afterwards!

• The broker sees no pending order! The Expert Advisor has been programmed in a way that the order book remains empty. So there is no routing of pending orders to the server of the broker. The desired breakout-levels are only being drawn on your chart and are being routed and opened up via market order to the broker when the desired exceeding / or exceeding and subsequent confirmation of the breakout-level is being reached. This also has a security advantage: When your PC or your server is crashing, there’s no pending order at the broker, which is possibly being caused and can’t be supervised by an Expert Advisor!

• Like all our tools, indicator and Experts Advisors, the Breakout-Trader is programmed in a way suiting all brokers, also ECN-broker.

If you are interested in this MetaTrader®4 tool but previously want know a bit more about it, we gladly send you an extensive instruction with a very detailed description of all possibilities and variables. Furthermore this instruction contains many more pictures and examples for a better understanding.

Please use our contact form for it or send us an e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it

We are also gladly available for you if you have suggestions for the improvement or individual supplements.

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