Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT4 · MT5
Box Breakout EA
This MetaTrader 5 expert advisor implements a box breakout strategy designed for the foreign exchange market.
GitHub stars26
Forks8
Last update1 year ago2 Jul 2025
LicenceMIT
Overview
The robot identifies price ranges during specific time windows and enters trades upon a breakout. It features a trend filter using fast and slow moving averages to align entries with broader market direction. Risk management includes automatic lot sizing based on account percentage, a stop loss calculated as a factor of the range height, and a trailing stop. Users can limit the maximum number of trades per day and set specific hours for closing all open positions.
- Time-defined range breakout strategy
- Trend filtering via dual moving averages
- Percentage-based or fixed lot sizing
- Configurable trailing stop loss
- Daily trade execution limit
Details
Author
je-zhou on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Breakout, Trend following
Markets
Forex
Timeframes
M15-H1
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
- Strategies/Box Breakout/Box Breakout v1.4.mq5
- Strategies/Box Breakout/Deprecated/Box Breakout v1.3.mq5
- Strategies/Box Breakout/Deprecated/Box Breakout v1.1.mq5
- Strategies/Box Breakout/Deprecated/Box Breakout v1.1.mq4
- Strategies/Box Breakout/Deprecated/Box Breakout v1.0.mq5
- Templates/Template v1.2.mq5
- Templates/Template v1.1.mq5
- Templates/Template v1.0.mq5
Input parameters
Read from Box Breakout v1.4.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Timeframe | ENUM_TIMEFRAMES | PERIOD_CURRENT | |
Magic | int | 1 | Magic (Need to use magic number for each different EA) |
LotSize | double | 0.1 | |
RiskPercent | double | 0.5 | RiskPercent (0 = Use Fixed LotSize) |
TpPoints | double | 0 | TPoints (0 = No TP) |
TpFactor | double | 0 | TpFactor (0 = Use TpPoints) |
SlFactor | double | 1.0 | SlFactor (Multiplier for stop loss distance - 1.0 = at opposite range, 2.0 = 2x range distance) |
TslTriggerPoints | double | 0 | TslTriggerPoints (0 = No Tsl) |
TslTriggerFactor | double | 0.75 | TslTriggerFactor (0 = Use TslTriggerPoints) |
TslPoints | double | 25 | TslPoints (0 = Breakeven) |
TradeWithTrend | bool | true | TradeWithTrend (Forces strategy to only trade with the trend) |
TrendMaTimeframe | ENUM_TIMEFRAMES | PERIOD_H1 | TrendMaTimeframe (The timeframe the trending moving average should be calculated) |
Show all 29 inputs
| Name | Type | Default | Description |
|---|---|---|---|
SlowTrendMaMethod | ENUM_MA_METHOD | MODE_SMA | SlowTrendMaMethod (The type of moving average used to determine the slow trend) |
SlowTrendMaPeriod | int | 200 | SlowTrendMaPeriod (The period used to calculate the slow trending moving average) |
FastTrendMaMethod | ENUM_MA_METHOD | MODE_SMMA | FastTrendMaMethod (The type of moving average used to determine the fast trend) |
FastTrendMaPeriod | int | 60 | FastTrendMaPeriod (The period used to calculate the fast trending moving average) |
RangeBuffer | double | 0 | RangeBuffer (Amount in points between the two moving averages to represent a ranging market) |
RangeTimeframe | ENUM_TIMEFRAMES | PERIOD_H1 | RangeTimeframe (Fixed timeframe for consistent range calculation) |
RangeStartHour | int | 3 | |
RangeStartMinute | int | 0 | |
RangeEndHour | int | 7 | |
RangeEndMinute | int | 30 | |
StopTradingHour | int | 17 | |
StopTradingMinute | int | 30 | |
ClosePositionsHour | int | 19 | |
ClosePositionsMinute | int | 55 | |
MaxTradesPerDay | int | 1 | MaxTradesPerDay (Maximum number of executed trades per day - EA cancels remaining orders when limit reached) |
HistoricalDays | int | 30 | HistoricalDays (Number of past days to display ranges for - maximum 50) |
ShowAllTradingLines | bool | true | ShowAllTradingLines (Show trading window lines for all historical ranges) |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone je-zhou/Forex-Algotrading-Strategies--MQL5- from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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