Open Range Breakout EA for MT4 and MT5
Outbreaker EA – the Open Range Breakout strategy, fully automated trading
The Outbreaker Open Range Breakout EA automates the well-known Opening Range Breakout strategy for MetaTrader 4 or MetaTrader 5. You define the trading time, range, stop-loss, take-profit and risk management – the Expert Advisor takes care of the consistent execution.
No black box, no secret indicators, and no unrealistic profit promises. Outbreaker is a comprehensive trading software for traders who want to implement their own open-range breakout strategy in a rule-based and emotionless manner.
Why use Outbreaker EA?
Automatic range determination
The Open Range Breakout EA automatically determines the high and low of the freely defined time window.
Rule-based entry
Pending orders are placed at the range limits and managed according to your specifications.
Professional Trade Management
Stop-loss, break-even, trailing stop, partial sale and CRV-based take-profit are directly integrated.
No emotional delivery
Outbreaker works exactly according to your settings – without spontaneous changes or delayed reactions.
Functionality
More than just a simple range breakout EA
Open-range trading logic
- Freely adjustable open-range times
- Adjustable maximum range size
- Buffer on Range High and Range Low
- Two pending orders at the range limits
- Conversion of Pending Orders to Market Orders
- OCO logic: One order cancels the other.
- Alternatively, both orders can remain active.
- Time limit for active pending orders
- Automatic trading closure before market closes
Stop-loss and profit management
- Stop-loss on Range High/Low
- Stop-loss at the midpoint of the range
- Stop-loss based on the profit box
- Individual stop-loss points in MT4
- Fixed loss limit in MT4
- Variable profit box with CRV settings
- Hidden Take-Profit in MT4
- Break-even stop
- Trailing stop based on the stop-loss
- Reduction of position through partial sale
Filter and control
- Spread Control
- Range Control
- Moving-Average Trend Filter
- Weekday filter
- Statistics display directly in the chart
- Chart colors can be customized individually.
- Manual break-even button
- Manual order close button
- Checking for updates to new versions
- Email alert in the MT4 version
Open Range Breakout EA for numerous markets
Outbreaker can generally be used on all instruments available in MetaTrader, provided a suitable opening range can be defined.
The appropriate settings may vary depending on the symbol, broker time, spread, and volatility.
Open Range Breakout EA for MT4 or MT5
When purchasing, you select the Outbreaker version for MetaTrader 4 or MetaTrader 5. The core functionality is included in both platform versions. Some features are available exclusively in the MT4 version due to technical differences.
| function | MT4 | MT5 |
|---|---|---|
| Fully Automatic Open Range Breakout EA | ✓ | ✓ |
| CRV profit box, partial sale, break-even and trailing stop | ✓ | ✓ |
| Spread, range, trend and weekday filters | ✓ | ✓ |
| Individual stop-loss points | ✓ | – |
| Fixed loss limit | ✓ | – |
| Hidden Take-Profit | ✓ | – |
Licensing models
Outbreaker Standard or Outbreaker Professional
Both versions include the full functionality of Open Range Breakout EA. The only differences are license duration, real accounts, account switching, and support period.
Outbreaker Standard
Everything you need
- 5-year license
- Installation on 1 real account
- 3 free account switches
- Unlimited demo accounts
- Free updates during the license period
- 12 months of email and helpdesk support
- MT4 or MT5 version selectable
Outbreaker Professional
More freedom. More opportunities.
- Lifetime license
- Installation on up to 3 real accounts
- Unlimited account switching
- Unlimited demo accounts
- Lifetime updates
- 24 months of email and helpdesk support
- MT4 or MT5 version selectable
- Free platform upgrade from MT4 to MT5
Try Open Range Breakout EA for free
Test the Outbreaker EA for 14 days on a MetaTrader demo account. Examine its operation, settings, and trading logic risk-free before purchasing a license.
Frequently Asked Questions about Open Range Breakout EA
What is an Open Range Breakout EA?
An Open Range Breakout EA is an Expert Advisor that automatically determines a defined opening range and trades breakouts above or below this price range.
Does Outbreaker support MetaTrader 4 and MetaTrader 5?
Yes. When purchasing, you can choose either the MT4 or the MT5 version of the Open Range Breakout EA.
Can I use the EA on demo accounts?
Yes. Both licensing models allow use on an unlimited number of demo accounts.
Is the Open Range Breakout EA tied to a specific broker?
Outbreaker is not tied to any specific partner broker. However, its exact functionality may depend on symbol names, trading hours, spreads, and technical broker conditions.
Does Outbreaker EA guarantee profits?
No. Outbreaker automates the implementation of a trading strategy. It offers no guarantee of profit and does not replace responsible risk management.
Open Range Breakout Strategy: Automatic Trading
Choose the right Outbreaker license and automate your Open Range Breakout strategy with extensive configuration and management features.
Risk Warning: Trading CFDs, Forex, and other leveraged financial instruments involves substantial risks. The use of an Expert Advisor does not reduce these risks. Backtesting results or past performance are not reliable indicators of future results. Outbreaker is software for self-use and does not constitute investment or financial advice.
Ronny –
Hatte erst die Demo runtergeladen, die Grafik im Chart und die vielen Funktion haben mich überzeugt die Real-Version zu kaufen. Bester Breakout EA im Preis-Leistungsverhältnis.
Verifizierter Kauf. Mehr Informationen
A. Müller –
Outbreaker EA liefert seit Wochen stabile Gewinne in Gold und hält sich zuverlässig an meine Risikovorgaben. Klare Empfehlung für alle, die automatisiertes Trading suchen!
Verifizierter Kauf. Mehr Informationen
L. Kraus –
Die Installation und Erstkonfiguration ging kinderleicht – innerhalb von Minuten lief der EA auf meinem Demokonto. Die Ergebnisse sind seitdem deutlich besser als beim manuellen Trading.
Verifizierter Kauf. Mehr Informationen
ML –
Hatte eine Frage zur Parameteroptimierung und bekam prompt eine ausführliche Antwort. Der Entwickler steht wirklich hinter seinem Produkt.
Verifizierter Kauf. Mehr Informationen
J. Bauer –
Seit Einsatz des Outbreaker EA im EURUSD hat sich meine Monatsbilanz verbessert. Läuft 24/5 stabil und ohne Eingriff. Super EA – Danke
Verifizierter Kauf. Mehr Informationen