Consolidation Zone expert advisor MT5

The Consolidation Zone EA for MetaTrader 5 has been released as a simpler and easier-to-use alternative to the Stairsteps EA (MT4).

Consolidation Zone Chart examples

The EA can trade CZ breakouts regardless of the trend. That’s because the consolidation zone breakouts trading strategy does not consider the trend and only focuses on the CZ that the price forms. The algorithm is specifically designed to detect these zones and execute trades automatically when a breakout occurs.

Consolidation Zone EA Settings

The Consolidation Zone EA offers a range of customizable settings to suit your trading style. Here is a breakdown of the key parameters you can adjust:

• Lots – determines the lotsize per trade
• Number of orders – maximum number of opened trades on the same chart
• Minimum CZ width – the minimum number of bars to consider
• Maximum CZ height – the maximum height in points to consider a consolidation zone, measured from the lowest low to the highest high between the Minimum CZ width
• CZ color – select the CZ (rectangle color)
• Stop loss – sets the trades SL
• Take profit – sets the trades TP
• Breakeven – the minimum distance price must move in the trader’s favor to set/drag the SL
• Lock profit – the distance from the trade open where the SL placed by BreakEven will be
• Trailing Stop – the distance price must further move away from the SL for the EA to move it again
• Trailing Step – this adds to the Trailing Stop above to the price will move in steps
• Magic number – will be assigned to every trade opened by this EA, for better trade monitoring and management

About how to trade consolidation zone breakouts

Trading **consolidation zone breakouts** is a popular and effective strategy for capturing new trends. It involves identifying a period where a currency pair’s price is moving sideways within a defined range. Once you spot this consolidation, you can mark the support and resistance levels. The next step is to wait for the price to break either above the resistance or below the support, which signals a potential new trend. To increase your chances of success, you can confirm the breakout with other technical indicators to avoid false signals. The Consolidation Zone EA automates this entire process, allowing you to execute trades efficiently. You can set your entry point at the breakout, place a stop-loss just outside the consolidation zone, and aim for a profit target based on key levels, Fibonacci retracement, or any other technical indicator.

Download Consolidation Zone EA free

Download a free version

⚠ fully functional but limited to trading on demo accounts

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