🔢 CoreBreak EA MT5: Complete Settings Guide and Configuration Explained
CoreBreak EA MT5 is an automated trading Expert Advisor featuring configurable breakout lookback settings, pending-order placement, stop-loss and take-profit levels, flexible lot sizing, trailing-stop management, and trading-hour controls. Its inputs allow traders to define how far back the EA examines market data, configure pending-order distances, select a position-sizing method, and manage open trades using trailing stops.
The current configuration uses the 5-minute timeframe, a lookback period of 240 minutes, and pending-order parameters designed to control entry placement. This guide explains every visible setting, including all numerical values, Boolean options, and section labels.
⚙️ Main Settings
🔹 InpSection1 = === Main Settings === — Identifies the main configuration section containing the EA’s core operating parameters.
🔹 Magic Number = 202601 — Assigns the Magic Number 202601 to trades managed by CoreBreak EA MT5, helping distinguish the EA’s orders from trades opened manually or by other Expert Advisors.
🔹 Look Back Minutes = 240 — Sets the lookback period to 240 minutes, equivalent to 4 hours. This parameter defines the historical time window the EA may use to identify relevant price levels or breakout conditions.
🔹 Timeframe = 5 Minutes — Sets the strategy timeframe to 5 minutes (M5). The EA is configured to use short-term market data, which may be suitable for intraday breakout analysis depending on its internal logic.
🔹 Show Trading Panel = true — Enables the trading panel display. When supported by the EA, this option shows its control panel or trading information on the MetaTrader 5 chart.
⚙️ Pending Orders Settings
🔹 InpSection2 = === Pending Orders Settings === — Identifies the section that controls pending-order entry placement.
🔹 Negative Offset from High/Low (points) = 150 — Sets the high/low offset parameter to 150 points. This value defines an offset relative to a detected high or low when calculating pending-order levels. The exact direction and order type affected depend on the EA’s implementation.
🔹 Min Distance from Current Price (points) = 1000 — Sets the minimum distance from the current market price to 1000 points. This parameter is intended to keep pending orders a specified distance away from the current price, potentially filtering out entries that are too close to the market.
⚙️ Stop-Loss and Take-Profit Settings
🔹 InpSection3 = === Stop Loss & Take Profit === — Identifies the section containing the protective stop-loss and profit-target parameters.
🔹 Stop Loss (points) = 300 — Sets the stop-loss distance to 300 points. This defines the configured protective exit distance for a trade if price moves against the position. The monetary risk depends on the lot size, instrument specifications, and broker’s point value.
🔹 Take Profit (points) = 600 — Sets the take-profit distance to 600 points. This configures the target distance at which the EA may close a profitable trade. Based on the configured distances, the nominal take-profit distance is twice the stop-loss distance, before transaction costs and execution effects.
⚙️ Lot Size Settings
🔹 InpSection4 = === Lot Size Settings === — Identifies the section containing the EA’s position-sizing parameters.
🔹 Lot Mode: FIXED / PER_BALANCE = Per Balance Amount — Selects Per Balance Amount as the lot-sizing mode rather than fixed-lot mode. The EA is configured to calculate position volume based on the account balance and the following balance-step and base-lot parameters.
🔹 Fixed Lot Size (if Fixed mode) = 0.01 — Sets the fixed lot size to 0.01 for use when fixed-lot mode is selected. Because the current mode is Per Balance Amount, this value may not control the current position size.
🔹 Balance per 0.01 Lot (if Per Balance mode) = 200.0 — Sets the balance threshold to 200.0 per 0.01 lot. Under the intended balance-based model, the EA uses this value to determine lot volume relative to account balance. The precise calculation and account-currency assumptions should be confirmed.
🔹 Base Lot Size (if Per Balance mode) = 0.01 — Sets the base lot size to 0.01 for the balance-based position-sizing mode. This value defines the reference volume used by the EA’s lot calculation.
🔹 Maximum Lot Size = 1.0 — Sets the maximum permitted lot size to 1.0 lot. If the calculated position size exceeds this limit, the EA may cap it at 1.0 lot, depending on its implementation.
⚙️ Trailing Stop Settings
🔹 InpSection5 = === Trailing Stop Settings === — Identifies the section containing the trailing-stop configuration.
🔹 Enable/Disable Trailing = true — Enables trailing-stop management. When its activation conditions are met, the EA may adjust the stop-loss level as the market moves favorably, helping protect open profits.
🔹 Trailing Start (points) = 130 — Sets the trailing-stop activation threshold to 130 points. Trailing management is intended to begin after the trade reaches the required favorable price movement, subject to the EA’s internal calculation.
🔹 Trailing Step (points) = 25 — Sets the trailing adjustment step to 25 points. This defines the configured increment used when updating the trailing stop as price moves in the trade’s favor.
⚙️ Trading Time Settings
🔹 InpSection6 = === Trading Time Settings === — Identifies the section containing the EA’s trading schedule.
🔹 Start Hour (0–23) = 1 — Sets the trading start hour to 1, corresponding to 01:00 on a 24-hour clock.
🔹 Start Minute (0–59) = 0 — Sets the trading start minute to 0, making the configured start time 01:00.
🔹 End Hour (0–23) = 23 — Sets the trading end hour to 23, corresponding to 23:00 on a 24-hour clock.
🔹 End Minute (0–59) = 0 — Sets the trading end minute to 0, making the configured end time 23:00.
The configured trading window is 01:00–23:00, assuming the EA combines these inputs and uses the same time reference throughout. Confirm whether the schedule follows broker server time or another time zone.
🔢 Conclusion
The current CoreBreak EA MT5 settings configure a short-term breakout system using the 5 Minutes (M5) timeframe and a 240-minute lookback period. Pending-order placement uses a 150-point high/low offset and a minimum distance of 1000 points from the current price.
Trade management is configured with a stop loss of 300 points, a take profit of 600 points, and an enabled trailing stop that starts at 130 points with a 25-point step. Position sizing uses the Per Balance Amount mode, with 200.0 balance units per 0.01 lot, a base lot of 0.01, and a maximum lot size of 1.0. The trading window is configured from 01:00 to 23:00, and the chart trading panel is enabled.
Before using CoreBreak EA MT5 on a live account, verify the EA’s pending-order placement logic, the balance-to-lot calculation, and the units used for point-based distances. The 1000-point minimum pending-order distance may materially affect entry frequency, depending on the instrument’s quotation format. Backtesting and demo trading are recommended before risking real capital.
