At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase

Breakout Strategy

MQL Rating

EASY Rating

Release Date

By popularity

Choose popularity

Trading Platform

Breakout Strategy

Type

Choose type

Select a trading platform to view the types

Strategy

Choose strategy

Understanding the Breakout Strategy

  • The essence of a breakout strategy in trading is to identify significant price movements that exceed predetermined support or resistance levels, signaling a potential continuation or reversal of the trend.
  • Traders often employ this strategy to capture the momentum generated by the price of an asset moving beyond its established range, whether in forex, stocks, or commodities markets.

    • Key Components of a Breakout Strategy

  • Identification of key price levels: These are typically historical highs and lows or levels validated by market activity where price has previously reversed or consolidated.
  • Volume analysis: An increase in trading volume tends to validate the breakout, indicating stronger market participation and interest at the new price level.
  • Volatility indicators: Tools like Bollinger Bands or Average True Range (ATR) can help traders gauge the volatility and potential expansion in price movement.

    • Types of Breakout Strategies

  • Range Breakouts: Focuses on prices breaking out from a defined range or channel. This approach is often used when the market is in consolidation.
  • Trendline Breakouts: Utilizes ascending or descending trend lines. A breakout from these lines can signal the start of a new trend or a reversal.
  • Volatility Breakouts: Based on the principle that if the market moves a certain percentage from a previous price level, significant market moves may ensue, leading to new trends.

    • Implementing a Breakout Strategy

  • Setting up the trade: Traders should define clear entry and exit points, along with stop-loss orders to manage risk. Entry is typically set just above the resistance level for long positions or below the support level for short positions.
  • Risk management: It's crucial to manage risk with appropriate stop-loss orders to protect against false breakouts, which can lead to rapid reversals.
  • Profit targets: Setting realistic profit targets is essential to ensure that potential gains are captured before the momentum fades.

    • Advantages and Challenges

  • Advantages: Breakout strategies can be highly profitable during periods of high market volatility and major economic announcements, providing clear and actionable signals.
  • Challenges: The strategy requires precise timing and often faces the risk of false breakouts, where the price fails to continue in the direction of the breakout.

    • Example of Breakout Strategy Tools

  • Metatrader Indicators: Many traders use Metatrader platforms that offer tools like the 'BeST_Breakout Strategy' indicator, which provides signals for entering and exiting trades based on breakout points.
  • Expert Advisors (EAs): Automated trading systems like EAs can be programmed to execute trades based on specific breakout criteria, reducing the need for constant market monitoring.
    • In the world of trading, especially in markets as volatile as Forex, the breakout strategy remains a staple among strategies due to its potential to capitalize on significant price moves. With proper setup and risk management, it can be a valuable part of a trader's arsenal. 📈🚀

    Are you ready to challenge the conventional understandings of Forex trading? The Price Trap Breakout system claims to revolutionize the breakout strategy using not just market analysis but also AI-enhanced insights to capture profits. But does it live up to the hype, or is it mer ...

    Release Date: 30/04/2024

    If you’ve ever dreamed of cashing in on market volatility like a seasoned trader, the Time Breakout strategy might just be the golden egg. But let’s not skip ahead – while it claims to pinpoint breakout opportunities like a cat spotting a laser dot, is it truly as effective ...

    Release Date: 18/05/2023

    Ah, the AS Range BreakOut strategy! Who knew that all it takes to crack the Forex code is to wait for prices to throw a tantrum and break free from their established ranges? It’s like waiting for your cat to finally decide it wants to be pet—and then thriving off that moment. ...

    Release Date: 05/05/2023

    Welcome to the world of trading wisdom! Today, we delve into the mystical and enchanted realm that is the Forex 1 Hour Candle Trader. Promised to whisk traders off their feet with talk of breakouts and candle patterns, this trading system is a real charmer. Supposedly, you’ll b ...

    Release Date: 06/12/2023

    Ah, the allure of automated trading systems! The endless chase for profits, excitement, and the occasional facepalm moment when your trade setup looks better in hindsight. Let's delve into the fascinating world of the Turtle Breakout EA, where breaking through resistance might ju ...

    Release Date: 10/04/2023

    Ready to dive deep into the mechanics of the Universal Box? This isn't just another trading system; it's a battle-tested strategy that promises to uncover breakout opportunities lost in the chaos of the trading world. Join us as we dissect the intricacies, evaluate credibility, a ...

    Release Date: 20/03/2023

    Ever wonder if there's a magic formula for profitable trading? Well, meet the 1-2-3 pattern—a pathway through the chaotic mess that is Forex trading! This captivating strategy claims to unveil market reversals faster than you can say 'stop-loss.' Dive in, but beware! Not everyt ...

    Release Date: 28/09/2016

    The Universal Breakout EA claims to be the golden ticket for traders looking to ride the waves of breakout opportunities. With a tantalizing price tag of $0, it’s like finding a unicorn, or perhaps just a well-groomed horse pretending to be one. Let’s peel back the layers of ...

    Release Date: 29/07/2022

    Are you ready to dive into the world of automated trading with the Universal Breakout MT5? This Expert Advisor claims to revolutionize your trading experience by utilizing price breakout strategies, but does it really deliver? Join us as we dissect its features, scrutinize user f ...

    Release Date: 11/02/2023

    Let’s be honest, calling this trading system 'The Missing Edge You Need To Catch Breakouts Like A Pro' is like putting a crown on a grouchy cat—promising, but does it deliver? Despite the glittering reviews and a shiny rating of 4.84, let’s sift through the glitter to see i ...

    Release Date: 09/01/2019

    Welcome to the wild world of Forex with RangeBreakout EA! Ever wondered if a trading robot could be your new best friend or just another cash-sucking vampire? Spoiler alert: it might depend on whether you set it to break into the morning breakout party or let it snooze through th ...

    Release Date: 16/02/2024

    Ah, the Daily Range Breakout—because why wouldn’t you want to gamble your dollars around the whims of the market after a solid breakfast? Designed to catch price breakouts when the daily bar closes in a way that would make the average trader weep, this EA claims to do all the ...

    Release Date: 26/12/2022

    As you venture into the world of Classic Lock MT5, think of it like donning a suit of armor before entering a high-stakes poker game. It's packed with features that promise to elevate your trading game—if only you can decipher the cryptic instructions! So grab your magnifying g ...

    Release Date: 07/07/2022

    In the vast ocean of Forex trading, it's easy to feel like you're navigating through murky waters. Enter the WH Range BreakOut MT5—a beacon of hope for traders seeking to catch price breakouts with precision. While the developer promises a trading experience to transform your d ...

    Release Date: 13/11/2023

    Welcome to the world of automated trading with the Gold Daily Breakouts EA! If you're thinking this might be your golden ticket, hold your horses. This EA claims to break the market's back without breaking your account with risky strategies. But let's see if it can keep up with t ...

    Release Date: 01/12/2023

    In a world where every trader is dreaming of the next great EA, enters the Index Breakout MT5, promising clarity with its straightforward approach of one trade at market open. It’s packed with all that modern trading jargon, sure! But can it really deliver the profit it claims ...

    Release Date: 24/09/2021

    Trading is a wild roller coaster, isn’t it? Enter the Trend Forecaster—an indicator claiming to predict your fortunes with just a few clicks! But can one algorithm really hold the key to consistent profits, or is it just another shining piece of digital glitter? Join us as we ...

    Release Date: 20/10/2023

    Are you curious about whether 'Step Ahead' is the breakthrough you've been waiting for or just another mediocre trading bot? Join us in a critical dive into all facets of this system. We’ll uncover its strengths, scrutinize its weaknesses, and see if the rave reviews hold water ...

    Release Date: 29/12/2022

    Are you ready to dissect the Quantum Breakout Indicator PRO? This might be the trading tool you're searching for, or perhaps it's the next reason your account faces a brutal drawdown. With its glittering rating of 4.96 and a backstory steeped in over 13 years of expertise, the st ...

    Release Date: 24/05/2023

    Get ready to dive into the world of Quantum smart EA, the breakout strategy expert advisor that's making waves in the Forex market. Developed by Vasiliy Strukov, this EA promises precision and customization, but does it deliver? With a mix of user reviews, performance analysis, a ...

    Release Date: 14/02/2024

    Ready to take your trading to the next level? Dive into our comprehensive review of Quantum Breakout Indicator PRO MT5. We'll dissect its features, analyze user feedback, and compare it with other top indicators. Don't miss our critical insights and performance analysis! Intro ...

    Release Date: 04/07/2023

    Welcome to the wild world of Forex trading, where promises of untold riches often come with asterisks the size of the moon. Today, we're diving into the depths of EA Diamond Firms MT5, a trading robot that claims to have harnessed the legendary Darvas Break-out strategy to genera ...

    Release Date: 09/10/2023

    Oh, the marvels of modern trading! Enter Nvidia EA, a trading robot so precise and effective, it might just make you question your own trading skills. Crafted by the ingenious Calvin Andile Mahlangu, this EA is tailored for the savvy trader who wants to conquer the stock market w ...

    Release Date: 27/04/2024

    Are you ready to catch the next big breakout in the Forex market? Enter AW Breakout Catcher EA MT5, a tool that promises to make your trading life easier—or does it? With a strategy that claims to break through dynamic support and resistance levels, this EA is either your next ...

    Release Date: 12/03/2021

    Ever wondered if a trading robot could really make you a Forex king? Enter KingKong MT5, the breakout strategy EA that's got everyone talking. But does it live up to the hype? Let's dive in and find out! Introduction to KingKong MT5 🦍 The 'KingKong' Expert Advisor (EA) is ...

    Release Date: 28/01/2024

    Curious about the Opening Range Breakout MT5? This trading system promises to capitalize on the explosive moves at the open of stock indices, but does it deliver? Dive into our comprehensive review where we dissect its mechanics, performance, and user feedback. Is it a game-chang ...

    Release Date: 27/12/2022

    Ah, Quantum Trade EA – the latest marvel in the ever-evolving world of forex trading robots. Promising to turn your trading journey into a thrilling adventure, this expert advisor claims to harness the power of volatility with impeccable timing. But does it really? Let's dive i ...

    Release Date: 19/04/2023

    Buckle up, traders! We're diving into the world of the Opening Range Breakout MT5, a strategy that promises to make your trading days as thrilling as a rollercoaster ride. With a mix of skepticism and excitement, we dissect its mechanics, customization options, and real-world per ...

    Release Date: 27/12/2022

    Ah, the Time Range Breakout trustfultrading EA—a beacon of hope for traders looking to capitalize on market breakouts without spending a dime. Developed by Tobias Christian Witzigmann, this EA promises dynamic lot sizing, trailing stop loss, and a day-of-week filter. But does i ...

    Release Date: 07/02/2023

    Curious about the Advanced Japanese Trend MT5? This article takes a critical look at its features, mechanics, and user reviews. We'll compare it with other trading systems and provide insights from the FxRobotEasy Team. Is it a reliable tool or just another overhyped EA? Read on ...

    Release Date: 11/01/2023

    Universal Breakout is designed by Sergey Ermoloff and boasts a flexible setup that can be customized to various trading conditions. It operates on a classic breakout strategy, suitable for different market sessions and conditions. With a high rating and positive feedback, it offe ...

    Release Date: 29/07/2022

    Log in
    Sign in

    Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.