The Consolidation Zone EA for MetaTrader 5 has been released as a simpler and easier to use alternative of the Stairsteps EA (MT4). It 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 expert advisor settings are easy to understand and cover everything the trader needs to for a simple CZ breakout strategy.
- 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 involves identifying a period when a currency pair’s price is moving sideways within a defined range. Once you spot this consolidation, mark the support and resistance levels. Wait for the price to break above the resistance or below the support, signaling a potential new trend. Confirm the breakout with technical indicators to avoid false signals. 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 or Fibonacci retracement or any other technical indicator.
Free download .
Delphina Anđelka (verified owner) –
This EA is a game-changer! The Consolidation Zone MT5 EA does an amazing job of accurately identifying zones of consolidation in the market and then trading breakouts with a high level of precision. It’s saved me so much time analyzing charts, and I can actually see the improvement in my trading outcomes. The performance has been stable and consistent, which I think is key in choosing any EA. I appreciate the thoughtful design and thorough testing that went into this tool — it’s one of the few EAs I feel comfortable running on live accounts. Definitely worth the investment!
Uzma Qamar (verified owner) –
Finally, an EA that understands consolidation! The Consolidation Zone MT5 EA is a powerful tool for identifying and trading consolidation ranges. I was skeptical at first, but this EA really does detect those zones accurately and opens trades at ideal breakout points. It’s easy to install and works smoothly with the MT5 platform, making it beginner-friendly too. I’m impressed by its high win rate and smart money management features, which have improved my trading results with minimal oversight. It’s become an essential part of my trading strategy, and I’m excited to keep using it.
James Rayana (verified owner) –
I’ve been using the Consolidation Zone MT5 EA for a few weeks now, and it has exceeded my expectations. This EA is designed specifically to capitalize on consolidation zones, and it performs excellently in identifying stable trading ranges before breakouts. What I really like is how customizable it is — you can adjust the settings to match your trading style and risk tolerance, which makes it versatile for both conservative and aggressive traders. I’ve seen consistent profits since I started using it, and the EA’s stability on MT5 is flawless. I highly recommend it to anyone looking to automate their trading and minimize risk!