Breakout TR 0 1 .9
From the Old Kings archive: Breakout TR 0 1 .9, an expert advisor (trading robot) for MetaTrader 4. Its name points to breakouts from a range. In the code it works with ATR. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 16 settings, for example Lots (default 2), bl One Trade Only (default 1) and Closed Bar Low Trail After BE (default 0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Breakout TR 0 1 .9
Breakout TR 0 1 .9 is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 16 settings, such as Lots, Bl one trade only and Closed bar low trail after be. MQL source code included.
Files in the download: Breakout_TR_0[1].9.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lots | 2 | Trade size in lots |
| Bl one trade only | 1 | |
| Closed bar low trail after be | 0 | Trailing stop distance or switch |
| Multiplier15m atr3 trail after be | 0 | Trailing stop distance or switch |
| Multiplier h1 atr4 trail after be | 4 | Trailing stop distance or switch |
| Order hours expiry | 0 | |
| Trade open time | 10 | |
| Look back hrs | 2 | |
| EOD | 21 | |
| Bl close at eod | 0 | |
| Pips added to range | 0 | |
| Stop loss max | 60 | Stop loss distance |
| Break even | 20 | Move the stop to break-even |
| Take profit | 999 | Take profit distance |
| Range max | 60 | |
| Bl if range max still open far trade | 1 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Breakout · Martingale · Pending Orders · Trailing Stop & Break-even · ATR · MT4 Expert Advisor · MQL4 Source Code