Improved Breakout

Version 2.0 – By John Signer, Pulse Algorithms

$65.00

The Improved Breakout EA is an automated trading system for MT5 that identifies and trades breakouts from recent support and resistance levels. It is designed for traders who want a rules-based approach with strict risk control and flexible filters.

Key Features

  • Advanced Breakout Detection – Calculates recent support and resistance levels and opens trades only when price breaks out by a defined percentage beyond these levels. Optional confirmation bars and filters ensure only valid breakouts are traded.

  • Risk Management – Adjustable risk percentage per trade, stop loss, take profit, and automatic lot size calculation based on account balance.

  • Custom Trading Hours – Trade only within defined hours, with an option to automatically close open trades at the session end.

  • Trend & Volume Filters – Confirm breakouts with moving average trend alignment and/or volume spikes compared to average levels.

  • Fully Automated Execution – Manages entries, exits, and position sizing without manual input.

Technical Details

  • Platform: MetaTrader 5 (MT5)

  • Strategy Type: Support/resistance breakout trading

  • Filters: Trend (MA), Volume confirmation (optional)

  • Risk Control: Position sizing by risk %, adjustable SL/TP

  • Version: 2.0 (2025 release)

  • Fits all market types (forex, crypto, indices), with parameters originally tested on NASDAQ.

Package Includes

  • Expert Advisor file (.mq5)

  • Setup guide