Mypane delivers automated MT4 breakout trading with built-in news filter and risk controls

This Mypane review presents a practical 2026 performance analysis based on live-simulated results and historical tests. The Evaluation highlights how Mypane identifies key highs and lows, places pending orders around breakout points, and applies filters to avoid trading into major economic releases. The review uses objective metrics such as win rate, average trade duration, and maximum drawdown to produce a transparent performance analysis for prospective users. What makes Mypane unique is the combination of statistical breakout detection with a built-in news filter tied to the MQL5 Economic Calendar. The algorithm tracks recent structure levels and calculates entry zones where pending orders have higher probability of following a momentum move. Execution logic includes configurable lot sizing, break-even activation, and trailing stop rules that attempt to lock in profits while limiting tail risk. On MT4 the EA runs efficiently and logs trade-level data for auditing. Mypane handles trending conditions and intraday breakout environments best; it performs less consistently during prolonged low-volatility ranges where false breakouts increase. Expected performance characteristics are moderate trade frequency with bursts during high volatility periods, a focus on positive expectancy rather than high win rate, and drawdown control through adaptive stops. Overall, Mypane provides a transparent, parameter-driven approach to automated breakout trading on MT4.