20pr exp-3 intraday volatility breakout expert advisor

20pr exp-3 intraday volatility breakout expert advisor
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20pr exp-3 intraday volatility breakout expert advisor

Info

The 20pr exp-3 intraday volatility breakout expert advisor is a Script for MetaTrader 4 that expert advisor 20prexp-3 is based on an intraday volatility breakout system. volume and stochastik filters have been added.

Usage

This tool is typically used for breakout trading when price moves beyond key support/resistance levels.

Platform

This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.


How to Install and Use 20pr exp-3 intraday volatility breakout expert advisor

1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.

2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.

3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.

4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."

Frequently Asked Questions

Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.

Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.

Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.

What this tool does

expert advisor 20prexp-3 is based on an intraday volatility breakout system.

Typical Use Case

This Script excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.

Description & Settings

Related: VSA Complex: Volume Spread Analysis for MetaTrader - another powerful script for MetaTrader 4 traders.

expert advisor 20prexp-3 is based on an intraday volatility breakout system. volume and stochastik filters have been added. exit strategy: trailing stop, trailing stops.

Also recommended: automated market order execution script - similar script with strong performance on MetaTrader 4.


this expert advisor is my first grail! please test it and provide any recommendations.

strategy tester report

20prexp-3

symbol
gbpusd (great britain pound vs us dollar)

period
5 minutes (m5) 2026.01.02 00:00 - 2026.01.25 00:00 (2026.01.01 - 2026.01.25)

model
every tick (based on all available shortest timeframes with fractal interpolation of every tick)

bars in history
19915

ticks modelled
131619

modelling quality
90.00%

initial deposit
10000.00

net profit
2128.30

gross profit
2422.00

gross loss
-293.70

profit factor
8.25

expected payoff
53.21

absolute drawdown
0.00

maximal drawdown
221.70 (2.09%)

relative drawdown
2.09% (221.70)

total trades
40

short positions (% of winners)
20 (95.00%)

long positions (% of winners)
20 (85.00%)

winning trades (% of all)
36 (90.00%)

losing trades (% of all)
4 (10.00%)

largest winning trade
280.00

losing trade
-221.70

average winning trade
67.28

losing trade
-73.42

maximal number of
consecutive wins (profit)
18 (988.00)

consecutive losses (loss)
3 (-72.00)

maximal consecutive profit (number of wins)
988.00 (18)

consecutive loss (number of losses)
-221.70 (1)

average
consecutive win
12

consecutive loss
2

You may also like: buy percent - excellent alternative for script users on MetaTrader 4.

Source Code

#define   magic     20051214
extern string _parameters_trade = "----- Параметры торговли";
extern int    takeprofit = 20;     // Размер фиксированного тэйка
extern int trailingstop = 10;
extern double extmaximumrisk = 0.05;
extern double lots       = 0.1;    // Размер торгуемого лота
extern string _parameters_expert = "----- Параметры советника";
extern int zazor = 50;
extern color clopenbuy    = lightblue;    // Цвет открытия покупки
extern color clopensell   = lightcoral;   // Цвет открытия продажи

.......

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Limitations & Risk Warning

  • This tool is provided for educational and testing purposes only.
  • Past performance does not guarantee future results.
  • Trading involves substantial risk of loss. Use on a demo account first.
  • Results may vary depending on market conditions, broker, and settings.
  • We recommend thorough backtesting and forward testing before using with real funds.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.