Extreme Breakout EA Lite
Free multi-currency time-based breakout EA | MT4 | Robots4Forex
About Extreme Breakout EA Lite
Developed by Mark Penzer (Robots4Forex Ltd), the Extreme Breakout EA Lite is a free, fully automated multi-currency Expert Advisor that trades time-based breakout strategies using pending orders. The Lite version is limited to 0.01 lots with no money management module — ideal for learning the system before upgrading to the full version. The EA works best on EURUSD, AUDNZD, and USDCHF on the M5 timeframe, with EURUSD as the primary optimised pair.
- Developer: Mark Penzer (Robots4Forex Ltd)
- Platform: MetaTrader 4
- Price: Free (Lite version)
- Strategy: Time-based breakout with pending orders
- Best pairs: EURUSD, AUDNZD, USDCHF
- Timeframe: M5
- Lite limitation: 0.01 lots fixed, no money management
- Source: mql5.com/en/market/product/35931
Key Features
✓ Completely free — available on MQL5 marketplace at no cost
✓ Pending order entries — waits for price confirmation before committing
✓ Multi-currency — tested and optimised on EURUSD, AUDNZD, USDCHF
✓ Option to use market orders if pending orders don't suit your broker
⚠ Lite version limited to 0.01 lots — upgrade to full version for lot scaling
⚠ Test on demo with your broker's spread settings before going live