ATR Break Out | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources

The ATR Breakout (ABO) trading system is an automated trading system (aka EA, bot, robot) that uses the Average True Range (ATR) breakout as an entry signal in the direction of the breakout.

ABO uses a pending stop-loss order calculated based on the ATR parameters at the beginning of a new bar.
Untriggered orders will be deleted before new orders are placed.

ABO Robots was born out of a Robotics Lab project and moved to this dedicated thread to grow on its own.

This system uses the ATR multiplier (with large candles) for breakouts, stop losses, take profits and trailing stops.
Position size can be fixed or automatically calculated based on risk percentage and stop loss for each trade.

MACD and RSI filters (suggested by auvergnat78) can be applied selectively.

System input:


Note: The default ATR period is 50

Test screenshot example:



Sample test of EUR/USD for the first half of 2015 using default settings.



Version control:

1. Version 4: Post #1.
2. Version 5 (final): Post #70.
3. Version 6 (Filter): Post #104