Support and Resistance Breakout MT4: Automated breakout trading with verified results

This Support and Resistance Breakout MT4 review for 2026 focuses on performance and provides an independent analysis of the EA's core mechanics and empirical outcomes. The algorithm stands out for its strict, rule-based identification of support and resistance: resistance is tagged as the highest price over a predefined number of candles with a confirming downward movement, while support is defined symmetrically using the lowest price and upward confirmation. Peter Mueller designed the system to minimize discretionary inputs and to produce consistent signals across multiple currency pairs on MT4. Support and Resistance Breakout MT4 uses configurable lookback periods, confirmation thresholds, and risk parameters so traders can tune sensitivity versus false breakout tolerance. The EA applies fixed and trailing stop logic, with optional breakeven activation and simple position-sizing rules tied to percent risk per trade. Market conditions that favor the EA include defined trends with clear range breakouts and moderately volatile sessions; it is less effective in low-volatility chop without directional bias. The developer provides recommended set files and broker suggestions to reduce slippage and execution latency. In practice, Support and Resistance Breakout MT4 displays bursty trade frequency during volatile sessions and quieter behavior in range-bound markets. Backtests and verified live samples indicate moderate win rate with positive expectancy when combined with disciplined risk management. For traders who value transparency and rule-based entries, the EA offers an accessible way to automate breakout strategies on MT4 while allowing parameter experimentation and progressive optimization.