Shadow Hunter ATR Breakout: Automated MT5 Breakout Trading with Verified Performance

In this Shadow Hunter ATR Breakout review for 2026 the performance analysis focuses on live and backtested results to provide objective context. Shadow Hunter ATR Breakout stands out for its explicit use of candle shadow ratios combined with average true range analysis to time breakout entries; this hybrid approach reduces false breakouts in choppy markets. The algorithm detects specific "uncertainty" candles where shadows substantially exceed bodies and sets pending orders just beyond the high and low, aiming to capture impulse moves without chasing price. What makes Shadow Hunter ATR Breakout unique is the combination of pattern recognition and volatility scaling: users can adjust the shadow threshold and ATR multipliers to control sensitivity. The EA excels in trending or high-volatility sessions and is less active in low-volatility, range-bound conditions. Risk management is built in with ATR-calculated stops and an optional fixed-stop fallback; position sizing can follow fixed lots, percent risk, or account-equity models. Expected performance characteristics include moderate trade frequency, targetable win rates in the 55–70% range under optimized settings, and drawdowns that depend on selected risk profiles. Lorenzo Bozza designed the MT5 implementation with logging and trade filters to help traders validate live outcomes against backtests.