Range Breakout Gbpjpy for propfirms mt4
- Experts
- Norman Andres Martinez Bravo
- Version: 1.0
- Activations: 5
Expert Advisor for GBP/JPY – Trend-Based Strategy for Key Sessions
This expert advisor is specifically designed to trade the GBP/JPY pair, leveraging trend movements and strategic breakouts during the New York and London sessions. Its robust methodology and advanced filters make it an ideal tool for both individual traders and those aiming to meet the strict requirements of prop trading firms.
Key Features:
- Trend-Based Strategy: Utilizes a moving average to identify market context (bullish or bearish) and trades exclusively in the direction of the dominant trend.
- Strategic Breakouts: Detects ranges formed during previous sessions and executes trades only on significant breakouts, optimizing high-probability entries.
- Controlled Trading: Places only one trade at a time, avoiding market overexposure.
- Advanced Filters: Incorporates RSI to prevent entries in overbought zones, ensuring trades occur in more favorable conditions.
- Session-Specific Trading: Operates exclusively during the New York and London sessions, maximizing opportunities during high-volatility periods.
Thorough Optimization and Testing:
- Backtested Since 2015: The strategy has been rigorously tested over nearly a decade to identify optimal parameters that perform well across various market conditions.
- Balanced Performance: Designed to achieve minimal drawdown, ensuring stability and consistency in trading.
This trading robot is perfect for traders seeking a professional and proven solution to trade GBP/JPY with confidence and security. Additionally, its optimized configuration makes it suitable for excelling in prop firm challenges.