The EA triggers a buy order when the current price breaks above the high of the previous candle.
Searching for a "candle breakout EA free download" is a popular starting point for traders looking to automate volatility-based strategies. A Candle Breakout Expert Advisor (EA) is an automated system for MetaTrader 4 (MT4) or MetaTrader 5 (MT5) that executes trades when price moves beyond the high or low of a specific candlestick.
At its most basic level, a candle breakout EA monitors the market on a per-bar basis. It identifies a "signal" candle and places pending orders or market executions based on that candle's range:
You can find reliable free versions of breakout EAs on established community platforms: Candle Breakout EA MT4 - Eaproducer.com
Use built-in filters like a Moving Average (MA) or the 200 EMA to only take buy breakouts in an uptrend or sell breakouts in a downtrend.