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US30 Morning Break Scalper MT4

55 USD

Demo downloaded: 7

Published: 3 January 2025

Current version: 1.0

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US30 Morning Break Scalper MT4

Experts
Akapop Srisang
Version: 1.0
Activations: 5

US30 Morning Break Scalper MT4

This Expert Advisor (EA) is tailored for US30 index traders who want to capitalize on pre-market breakouts. The EA identifies high and low price ranges before the market opens, placing Buy Stop and Sell Stop orders just before the session begins. Once one side is triggered, the other order is automatically removed.
The EA is designed to execute trades only once per day, ensuring focused and disciplined trading during the high-probability pre-market breakout period.

Why It Works Best on RAW, ECN, or Zero Spread Accounts

To maximize the performance of this scalping strategy, we strongly recommend using a broker that offers RAW, ECN, or Zero Spread accounts. Lower spreads ensure tighter entries, reducing trading costs and increasing profitability.

Easy-to-Use Settings

The EA is designed to adapt seamlessly to any timeframe, giving you the flexibility to trade in your preferred style. Its straightforward inputs help you tailor it to your specific trading preferences:

Time Offset: Specify the time difference between your broker's server time and USA time (in hours).
- Example: If your server time is 7 hours ahead of the USA, set TimeOffset to 7. If your server time is 7 hours behind, set it to -7.
- Tip: Check the server time in the Market Watch window at the top of your trading platform.
Lot Sizes: Choose fixed or dynamic lot sizing based on your risk level.
Allow Spread: Define the maximum allowed spread (in points) for the EA to execute trades. For example, if set to 450, the EA will only trade when the spread is below this value. This ensures tighter entries and helps reduce trading costs.
Scalper Logic Settings: Fine-tune parameters for stop loss, take profit, and trailing strategies.
Lots Multiply: A multiplier applied to lot sizes after a stop loss is triggered.
- This is designed to recover previous losses but should be adjusted carefully to match your risk tolerance.
Risk Percentage: The EA calculates lot sizes automatically based on the percentage of your account balance.
- Setting this to 0 will use fixed lot sizes instead.
- Example: If RiskPercentage is set to 3% and Lots Multiply is 5, the effective risk becomes 15% (3% × 5).
Buy/Sell Order Control: Toggle to allow or restrict buy and sell trades as needed.
Previous Trading Day Result: If you stop the EA and restart it, you need to manually configure whether the previous trading day ended with a stop loss. This ensures the EA continues trading effectively with its multiplier logic:
- Set to True if the previous trading day hit a stop loss.
- Set to False if no stop loss was triggered or if no trades were made.

Disclaimer

This EA is a tool for automated trading and carries inherent risks. Performance depends on market conditions, broker spreads, and user-defined parameters. We recommend testing on a demo account before using live funds and ensuring all settings align with your risk tolerance.

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