# Breakout Trading Script for MetaTrader 5

Enters trades based on breakout of current high or low prices.

Canonical: https://prismaticalgos.com/compendium/algo/11744-breakout-trading-script-for-metatrader-5
Record ID: 11744
Catalog rank: 1045 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Unclassified (?)
Source: https://github.com/von-001/Breakout-Trading-Script-for-MetaTrader-5
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- price crosses above iHigh

## Recorded short-entry rules

- price crosses below iLow

## Recorded exit rules

- stop loss moved to current high or low

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: moved to current high or low
- Take profit: Not specified
- Position sizing: fixed lot size