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This MetaTrader 5 expert advisor implements an open range breakout strategy specifically designed for gold trading on the hourly timeframe. It identifies the high and low of the initial trading hour and establishes a definitive range after a user-defined consolidation period. Trades are triggered when price breaks thro
Trading robot · MT5
SNRZ Bot
SNRZ Bot is an automated trading system for MetaTrader 5 that implements a support and resistance breakout strategy.
GitHub stars1
Forks0
Last update2 months ago24 Jul 2026
LicenceNone stated
Overview
SNRZ Bot identifies significant price levels requiring at least two touches and enters trades when price breaks and subsequently pulls back to these zones. The expert advisor includes built-in risk management tools such as fixed or percentage-based lot sizing, a mandatory stop loss, and two distinct take profit targets. Primarily optimized for gold and cryptocurrency markets, the bot limits the number of concurrent positions to manage exposure while monitoring short, medium, and long-term moving averages.
- Support and resistance detection with two-touch rule
- Breakout and pullback entry signals
- Dual take profit and fixed stop loss management
- Risk-based lot size calculation
- Multi-symbol support for gold and bitcoin
Details
Author
xalayzaman-ui on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout
Markets
Gold, Crypto
Timeframes
M15-H1, H4 and above
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
Input parameters
Read from SNRZ_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EA_Name | string | SNRZ Bot v1.0 | |
RiskPercentage | double | 1.0 | Risk per trade (%) |
FixedLotSize | double | 0.01 | Lot size (fixed) |
FirstTargetPips | int | 50 | First target (pips) |
SecondTargetPips | int | 100 | Second target (pips) |
StopLossPips | int | 30 | Stop loss (pips) |
PeriodShort | int | 5 | Short MA period |
PeriodMedium | int | 14 | Medium MA period |
PeriodLong | int | 50 | Long MA period |
UseAutoLot | bool | false | Calculate lot from risk (%) |
ShowDebug | bool | true | Show debug info |
TradeSymbols | string | XAUUSD,BTCUSD | Symbols to trade |
Show all 13 inputs
| Name | Type | Default | Description |
|---|---|---|---|
MaxOpenPositions | int | 2 | Max positions per symbol |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone xalayzaman-ui/ForexTradingbot from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 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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