BOTS
BREAKOUT BOT
CrowdSent
Breakout Bot
An automated MT5 strategy that identifies and triggers trades when price definitively moves above recent highs or below recent lows.
Learn about this bot here. Set it up and use it in the CrowdSent dashboard.
How it Works
The Breakout Bot monitors specific consolidation zones. When price leaves these zones with sufficient force, it signals a potential entry in the direction of the escape.
Configurable Ranges
Define the "box" the bot watches. Whether it's the London Open range or a multi-day consolidation, the bot stays patient until the walls break.
Buffer & Buffer-Close
Avoids false breakouts by requiring price to close beyond the range with an optional buffer distance, ensuring momentum is real.
Volatility Scaling
Adjusts stop loss and take profit based on current market volatility at the moment of the breakout.
Breakout Logic
Monitoring H/L of [X] candles. Confirmation: Close + [Y] pips. Filter: Volume > Avg.
around this bot
Your CrowdSent Agent helps you get more out of this bot. Use the Agent to help configure the bot, adjust its settings and connect it with other relevant parts of your CrowdSent environment.
The Agent can bring together market data, sentiment, alerts and bot functionality to support a more personalised workflow.
- Ask the Agent questions about the bot
- Learn more about fine-tuning the bot
- Get help setting up and configuring the bot
- Review and interpret backtest results
- Get recommendations for improving your settings
- Work with the Agent to optimise the bot for better results
“The bot performs a specific function. The Agent helps you put it to work.”
FAQ & Next Steps
Can i use this for News Trading
Yes, many users configure the Breakout Bot around high-impact news releases to catch the ensuing volatility spikes.
What is a ‘false Breakout’ protection?
It’s our combination of buffer zones and candle-close rules that ensure price isn’t just “wicking” through a level before reversing.
Capture the Next Move
Setup the Breakout Bot in your dashboard.