BREAKOUT IN 4HRS

PLATFORM & SOFTWARE TYPE
🖥️ PLATFORM: MT4 • SOFTWARE TYPE: EA
BREAKOUT IN 4HRS is your dedicated MetaTrader 4 Expert Advisor engineered to help you capitalize on significant market movements with precision and automated management.

📈 TRADING STRATEGY
This EA focuses on identifying and acting on potential breakout opportunities, primarily analyzed on the 4-hour timeframe. It’s designed to automatically enter trades when specific market conditions align with breakout logic, then manage those positions using a sophisticated suite of risk and trade management tools. Instead of relying solely on entry, BREAKOUT IN 4HRS emphasizes adaptive post-entry management to help protect capital and optimize potential returns through various exit strategies.

🎯 BEST FOR
* Traders seeking automated execution of breakout strategies.
* Those who value comprehensive risk management, including advanced offsetting and position recovery features.
* Users wanting customizable trade exits, from standard Take Profit to dynamic trailing stops and HGI-driven closures.
* Individuals looking for 'stealth' stop loss and take profit options to help mitigate potential market observation.
* Traders who require robust control over trading hours, days, and rollover periods.

⚙️ SETTINGS AND PARAMETERS
* Flexible lot sizing and risk management (fixed lot, percentage risk, or equity-based).
* Configurable Take Profit and Stop Loss levels, including stealth options.
* Advanced trade management: Break-even, partial closing, jumping stop loss, and candlestick trailing stops.
* Specific time-based filters for trading hours, days, and rollover periods.
* Integration with HGI for optional trade closure signals.
* Offsetting and unbalanced position management to navigate complex market scenarios.
* Minimum distance between trades and safety checks to prevent overtrading.
* Customizable slippage control and margin level checks.
🔧 USER INPUTS (EX4/EX5) — what each setting does
• gen — Controls the “gen” parameter (string). (default: "----General inputs----")
• TradingTimeFrame — Controls the “TradingTimeFrame” parameter (ENUM_TIMEFRAMES). (default: PERIOD_CURRENT)
• EveryTickMode — Controls the “EveryTickMode” parameter (bool). (default: true)
• Lot — Fixed lot size when Money Management is off. (default: 0.02)
• RiskPercent — Set to zero to disable and use Lot (default: 0)
• LotsPerDollopOfCash — Over rides Lot. Zero input to cancel. (default: 0)
• SizeOfDollop — Controls the “SizeOfDollop” parameter (double). (default: 1000)
• UseBalance — Controls the “UseBalance” parameter (bool). (default: false)
• UseEquity — Controls the “UseEquity” parameter (bool). (default: true)
• StopTrading — extern int MaxTradesAllowed=1;//For multi-trade EA's (default: false)
• Setup007 — Controls the “Setup007” parameter (bool). (default: true)
• TradeLong — Controls the “TradeLong” parameter (bool). (default: true)
• TradeShort — Controls the “TradeShort” parameter (bool). (default: true)
• TakeProfitPips — Take profit distance (usually in points/pips). (default: 60)
• StopLossPips — Protective stop distance (usually in points/pips). (default: 0)
• BasketTrail — Controls the “BasketTrail” parameter (bool). (default: false)
• MagicNumber — Unique Magic Number to separate trades. (default: 0)
• TradeComment — Controls the “TradeComment” parameter (string). (default: "H4_BreakOut_Cycle")
• IsGlobalPrimeOrECNCriminal — Controls the “IsGlobalPrimeOrECNCriminal” parameter (bool). (default: false)
• MaxSlippagePips — Max price slippage allowed on order execution. (default: 5)
• PostTradeAttemptWaitSeconds — Defaults to 10 minutes (default: 2)
• sep2c — Controls the “sep2c” parameter (string). (default: "================================================================")
• mpp — Controls the “mpp” parameter (string). (default: "---- Minimum pips in between same-pair trades ----")
• MinDistanceBetweenTradesPips — Controls the “MinDistanceBetweenTradesPips” parameter (int). (default: 7)
• sep1 — Hgi is used to close profitable trades (default: "================================================================")
• hgic — Controls the “hgic” parameter (string). (default: "======== HGI choices ========")
• hgi — Controls the “hgi” parameter (string). (default: "-- HGI Inputs --")
• HgiTimeFrame — Controls the “HgiTimeFrame” parameter (ENUM_TIMEFRAMES). (default: PERIOD_M5)
• CloseOnLargeArrows — Controls the “CloseOnLargeArrows” parameter (bool). (default: false)
• CloseOnBlueWavy — Controls the “CloseOnBlueWavy” parameter (bool). (default: false)
• OnlyCloseWinningTrades — Controls the “OnlyCloseWinningTrades” parameter (bool). (default: false)
• sep2 — Controls the “sep2” parameter (string). (default: "================================================================")
• sepb — Controls the “sepb” parameter (string). (default: "================================================================")
• off — Controls the “off” parameter (string). (default: "---- Offsetting ----")
• UseOffsetting — Simple offset and double-sided complex offset (default: false)
• AllowComplexSingleSidedOffsets — Allow complex single-sided offset. Not allowed if UseOffsetting = false (default: false)
• MinOpenTradesToStartOffset — Only use offsetting if there are at least this number of trades in the group (default: 3)
• sep2a — Controls the “sep2a” parameter (string). (default: "================================================================")
• ubp — Controls the “ubp” parameter (string). (default: "---- Unbalanced positions inputs ----")
• PositionIsUnbalancedAt — The difference between open buys and sells to constitute an unbalanced position. (default: 7)
• rec — Set this to a high value to disable the feature. (default: "-- Offsetting for unbalanced positions --")
• UseOffsettingForBalanceRecovery — Controls the “UseOffsettingForBalanceRecovery” parameter (bool). (default: false)
• AllowComplexSingleSidedOffsetsRecovery — Allow complex single-sided offset. Not allowed if UseOffsetting = false (default: false)
• MinTradesToStartUnbalancedOffset — Controls the “MinTradesToStartUnbalancedOffset” parameter (int). (default: 6)
• nco — Controls the “nco” parameter (string). (default: "-- Nuclear option closure --")
• UseInstantClosure — Close the position the moment it becomes unbalanced. (default: false)
• UseMarginLevelClosure — Only close when the margin level drops (default: false)
• ClosureMarginLevel — to this point. (default: 500)
• sep1a — Controls the “sep1a” parameter (string). (default: "================================================================")
• sfs — Controls the “sfs” parameter (string). (default: "----SafetyFeature----")
• MinMinutesBetweenTradeOpenClose — For spotting possible rogue trades (default: 0)
• MinMinutesBetweenTrades — Minimum time to pass after a trade closes, until the ea can open another. (default: 0)
• sep3 — Controls the “sep3” parameter (string). (default: "================================================================")
• hts — Hidden tp/sl inputs. (default: "----Stealth stop loss and take profit inputs----")
• PipsHiddenFromCriminal — Added to the 'hard' sl and tp and used for closure calculations (default: 0)
• sep7 — Controls the “sep7” parameter (string). (default: "================================================================")
• trh — CheckTradingTimes. Baluda has provided all the code for this. Mny thanks Paul; you are a star. (default: "----Trading hours----")
• tr1 — Controls the “tr1” parameter (string). (default: "tradingHours is a comma delimited list")
• tr1a — Controls the “tr1a” parameter (string). (default: "of start and stop times.")
• tr2 — Controls the “tr2” parameter (string). (default: "Prefix start with '+', stop with '-'")
• tr2a — Controls the “tr2a” parameter (string). (default: "Use 24H format, local time.")
• tr3 — Controls the “tr3” parameter (string). (default: "Example: '+07.00,-10.30,+14.15,-16.00'")
• tr3a — Controls the “tr3a” parameter (string). (default: "Do not leave spaces")
• tr4 — Controls the “tr4” parameter (string). (default: "Blank input means 24 hour trading.")
• tradingHours — Controls the “tradingHours” parameter (string). (default: "")
• sep1de — Controls the “sep1de” parameter (string). (default: "================================================================")
• fssmt — Controls the “fssmt” parameter (string). (default: "---- Inputs applied to individual days ----")
• FridayStopTradingHour — Ignore signals at and after this time on Friday. (default: 22)
• FridayCloseAllHour — Friday time to close all open trades/delete stop orders for the weekend. (default: 22)
• SaturdayStopTradingHour — For those in Upside Down Land. (default: 24)
• SaturdayCloseAllHour — For those in Upside Down Land. (default: 24)
• MaxAllowableCashLoss — Only close all trades when the negative cash upl is less than this. (default: -20)
• TradeSundayCandle — Converted into a negative value in OnInit() (default: false)
• MondayStartHour — 24h local time (default: 1)
• sep7b — This code by tomele. Thank you Thomas. Wonderful stuff. (default: "================================================================")
• roll — Controls the “roll” parameter (string). (default: "---- Rollover time ----")
• DisableEaDuringRollover — Controls the “DisableEaDuringRollover” parameter (bool). (default: true)
• ro1 — Controls the “ro1” parameter (string). (default: "Use 24H format, SERVER time.")
• ro2 — Controls the “ro2” parameter (string). (default: "Example: '23.55'")
• RollOverStarts — Controls the “RollOverStarts” parameter (string). (default: "23.55")
• RollOverEnds — Controls the “RollOverEnds” parameter (string). (default: "00.15")
• sep10 — Controls the “sep10” parameter (string). (default: "================================================================")
• amc — Controls the “amc” parameter (string). (default: "----Available Margin checks----")
• sco — Controls the “sco” parameter (string). (default: "Scoobs")
• UseScoobsMarginCheck — Controls the “UseScoobsMarginCheck” parameter (bool). (default: false)
• fk — Controls the “fk” parameter (string). (default: "ForexKiwi")
• UseForexKiwi — Controls the “UseForexKiwi” parameter (bool). (default: false)
• FkMinimumMarginPercent — Controls the “FkMinimumMarginPercent” parameter (int). (default: 300)
• sep11 — Controls the “sep11” parameter (string). (default: "================================================================")
• asi — Controls the “asi” parameter (string). (default: "----Average spread inputs----")
• TicksToCount — The ticks to count whilst canculating the av spread (default: 5)
• MultiplierToDetectStopHunt — Controls the “MultiplierToDetectStopHunt” parameter (double). (default: 10)
• sep13 — Controls the “sep13” parameter (string). (default: "================================================================")
• tmm — Controls the “tmm” parameter (string). (default: "----Trade management module----")
• BE — Breakeven has to be enabled for JS and TS to work. (default: "Break even settings")
• BreakEven — Moves stop to entry after reaching this profit. (default: true)
• BreakEvenTargetPips — Moves stop to entry after reaching this profit. (default: 20)
• BreakEvenTargetProfit — Moves stop to entry after reaching this profit. (default: 3)
• PartCloseEnabled — Controls the “PartCloseEnabled” parameter (bool). (default: true)
• PartClosePercent — Percentage of the trade lots to close (default: 50)
• sep14 — Controls the “sep14” parameter (string). (default: "================================================================")
• JSL — Controls the “JSL” parameter (string). (default: "Jumping stop loss settings")
• JumpingStop — Controls the “JumpingStop” parameter (bool). (default: true)
• JumpingStopTargetPips — Controls the “JumpingStopTargetPips” parameter (int). (default: 25)
• AddBEP — Controls the “AddBEP” parameter (bool). (default: true)
• sep15 — Controls the “sep15” parameter (string). (default: "================================================================")
• cts — Controls the “cts” parameter (string). (default: "----Candlestick jumping stop----")
• UseCandlestickTrailingStop — Enables a trailing stop with this distance. (default: false)
• CstTimeFrame — Defaults to current chart (default: 0)
• CstTrailCandles — Defaults to previous candle (default: 1)
• TrailMustLockInProfit — Controls the “TrailMustLockInProfit” parameter (bool). (default: true)
• sep16 — Controls the “sep16” parameter (string). (default: "================================================================")
• TSL — Controls the “TSL” parameter (string). (default: "Trailing stop loss settings")
• TrailingStop — Enables a trailing stop with this distance. (default: false)
• TrailingStopTargetPips — Enables a trailing stop with this distance. (default: 20)
• se52 — Enhanced screen feedback display code provided by Paul Batchelor (lifesys). Thanks Paul; this is fantastic. (default: "================================================================")
• oad — Controls the “oad” parameter (string). (default: "----Odds and ends----")
• ChartRefreshDelaySeconds — Controls the “ChartRefreshDelaySeconds” parameter (int). (default: 3)
• DisplayGapSize — if using Comments (default: 30)
• DisplayAsText — replaces Comment() with OBJ_LABEL text (default: true)
• KeepTextOnTop — Disable the chart in foreground CrapTx setting so the candles do not obscure the text (default: true)
• DisplayX — Controls the “DisplayX” parameter (int). (default: 100)
• DisplayY — Controls the “DisplayY” parameter (int). (default: 0)
• fontSise — Controls the “fontSise” parameter (int). (default: 8)
• fontName — Controls the “fontName” parameter (string). (default: "Arial")
• colour — Controls the “colour” parameter (color). (default: Yellow)
💽 HOW TO INSTALL (MT4)
• Download: (.ex4)
• MetaTrader → File → Open Data Folder
• MQL4 → Experts → paste file → restart MT4
• Navigator (Ctrl+N): drag onto chart
• Enable: Allow live trading + DLL imports
• Click AutoTrading (►)

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📞 CONTACT & SUPPORT
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🔹 Telegram: https://t.me/forexchats
🔹 Email : info@doveforexmarkets.com
🔹 WhatsApp: wa.me/260960556804

⚠️ DISCLAIMER
Trading involves risk. Past performance does not guarantee future results.