Market / MetaTrader 5 / Experts /

LVL Break Out

200 USD

Demo downloaded: 14

Published: 15 January 2024

Current version: 1.2

LVL Break Out

Experts
LVL Invest
Version: 1.2
Activations: 10

The strategy is based on a market analysis for a specific time period. Once the market analysis is completed, the Expert Advisor opens a position if the trend is confirmed.

Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.

When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.

. Live signals

. Suggested symbols:

USDJPY (M1)

. Definition of parameters:

Timeframe

Timeframe: timeframe used by the Expert Advisor

Risk Management

Allocation Type: how the allocation is calculated
Size: size value depending of the allocation type

Stop Loss

Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise
Use trailing stop loss: true to use a trailing stop loss, false otherwise
Minimum points profit to use trailing stop: profit in points of the current position before adding a trailing stop
Trailing stop in points: the distance in points between the current price and the trailing stop when adding it

Take Profit

Use take profit: true to set a take profit while opening a position, false otherwise
Take profit type: take profit type to use
Take profit value: take profit to use

Settings

Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor
Magic number: magic number to open positions

Time Settings

Time range start hour: the start hour from which the EA analyses the market
Time range start minute: the start minute from which the EA analyses the market
Time range minutes: the number of minutes from which the EA analyses the market
Delete Orders Hours: the maximum hour to let the EA open a position
Delete Orders Minute: the maximum minute to let the EA open a position
Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise
Close positions hour: the hour from which the EA closes a position
Close positions minute: the minute from which the EA closes a position

Trading Days

Monday: true open a position on Monday, false otherwise
Tuesday: true open a position on Tuesday, false otherwise
Wednesday: true open a position on Wednesday, false otherwise
Thursday: true open a position on Thursday, false otherwise
Friday: true open a position on Friday, false otherwise
Saturday: true open a position on Saturday, false otherwise
Sunday: true open a position on Sunday, false otherwise

Frequency Settings

Maximum number of orders per day: the maximum number of daily positions
Maximum number of buy positions per day: the maximum number of buy positions per day
Maximum number of sell positions per day: the maximum number of sell positions per day

more...

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Use this expert advisor whose strategy is essentially based on the Relative Strength Index (RSI) indicator as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL Bollinger Bands Trading is not a magic solution, so before using this expert on a live account, carr

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Use this expert advisor whose strategy is essentially based on the Ichimoku Kumo Break Out as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL Bollinger Bands LVL RSI mt5 Trading is not a magic solution, so before using this expert on a live account, carry ou

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