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Big Ben Trading MO

Big Ben Trading is a white box EA based on the London Open method. Using fractals it will identify support and resistance levels and determine the consolidation zone from the pre-European open. Trades are taken at the break of the support or resistance once European markets get underway counting on greater liquidity to sustain the price swing. 

Features

  • medium frequency trading best suited for retail fx platforms
  • can trade large spreads of regulated brokers
  • does not require low latency
  • multiple logic for trade management
  • no pyramids, no martingales
  • option for hard dollar stops
  • does not use lot management tricks

Users are encouraged to test the method with other instruments with the key requirement being, the underlying market of the instrument opening and closing along with the European session. Suggested instrument for trading, EURUSD


INPUT PARAMETERS

LotSize: number of contracts to trade, default setting is 1 full lot. Ideally should be no more than 1 full lot per 10,000.

RangeLimit: default setting is 0.4. This parameter prevents the EA from taking trades when the Asian Session has been very active going past the range limit of the daily average (ATR * RangeLimit). This is meant to keep the EA out of the market in whipsaw conditions. 

TPinPoints: Number of points from open price for a fixed Take Profit. Default is 0, developers’ preference.

Example:  EURUSD Open Sell = 0.9890

TPinPoints =  0.0070

Take Profit = 0.9820

 

USDJPY Open Buy = 145.00

TPinPoints = 0.0080

Take Profit = 145.80


SLinPoints: Number of points from open price for a fixed Stop Loss. Default is 0, developers’ preference.

Example: GBPUSD Open Buy = 1.1200

SLinPoints =  0.0040

Stop Loss = 1.1160


AUDUSD Open Sell = 0.6300

SLinPoints = 0.0060

Stop Loss = 0.6370

Special setting is “-1” tells EA to use the other side, support or resistance, of the consolidation as a stop loss area. 


TightRules: The preferred setting is "True". Limits the EA to opening trades only from the open of European markets till close. If false trading is done on a 24H basis making it prone to false breakouts. 

SelectiveEntry: When "True", only allows breakout trading in the direction of the intermediate daily chart direction. If false will trade any breakout that occurs regardless of intermediate trends. 

TradeManager1: When “True” is responsible for closing trades based on price action looking for suggestions of lost momentum or a possible reversal. 

TradeManager2: Designed primarily for managing trades in sluggish trending markets prone to generating false price action reversal signals around a slowly moving mean price. 

NoFloater: If "True" closes a trade at the end of the server trading day if at least breaking even. Will not allow a trade to continue to float beyond the second trading day regardless if profiting or losing. 

AntiCatastrophe: Prevents floating losses from turning into catastrophic losses. This is accomplished by closing floating losses when market structure has potentially changed during the course of the trading day. 

HardStop and HardStop USD: Closes trades when losses are equal to or exceeding a hard USD figure. This is particularly useful when dealing with money management rules for Prop Firm challenges. Note that cut losses from a Hard Stop will likely exceed the stated figure according to the size of the trade, gaps in the chart, or speed of price action. So do not use the full value of a Prop Firms daily limit. We suggest using $530 per 1 standard lot for a hard dollar stop. 


Note: We DO NOT GUARANTEE that use of the Big Ben Trading MO will result in passing Prop Firm challenges. 


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Statistics on a real account since 2020 Backtest for the last 13 years Low drawdown strategy Multi-currency algorithm Compatible with any broker Proven drawdown control system Trading on a real account since 2020 : Click Here Trading on USDCAD, EURGBP, GBPUSD, EURUSD: Click Here Trading on EURGBP: Click Here Trading on GBPUSD: Click Here Full backtests of the FXMachine EA are available for download here: Click Here About us: The development and support of FXMachine and our other robots
Bitcoin Robot MT4
Marzena Maria Szmit
5 (10)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (5)
Launch promo! Only 2 copies left at current price! Next price: 1533 $ Final price: 1993$ Buy US30 Scalper and you could get Quantum Algo Trading or Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/use
The Expert Advisor works on the basis of wave-like changes in price movements. The dynamic regression channel allows you to accurately predict the price movement in the short term. The Expert Advisor uses the indicator in its trading: https://www.mql5.com/en/market/product/64252 Trading instruments (TF 5m): GBPUSD, EURUSD, USDJPY. The Expert Advisor has been successfully tested with 99% quality quotes, floating spread and random ping since 2003. Optimization of the advisor is not requir
Live Signal-1 :   Click here MT5 Version :   Click Here Get Quantum Algo EA for free (for 2 trade accounts) -> contact me after purchase Welcome to Nasdaq Algo Trading This EA (Expert Advisor) is created and designed by a team with over 13 years of programming and trading experience. The EA focuses on developing a system that can deliver long-term and stable profits. It employs risk-free strategies, avoiding Martingale, Grid, and Hedging methods, as well as strategies using excessively long
MAX Gold 1
Peng Peng Gao
这是一种全自动智能自适应算法。MAX Gold  系统计算历史数据,并根据即将突破支撑位和阻力位的概率百分比执行分析,并下达挂单。 EA 交易可适应任何市场条件。它使用质量为 99,9% 的真实刻度进行了回溯测试和优化。它已成功完成压力测试。 EA 包含统计信息收集算法,并在信息面板上输出。 建议选择ECN经纪商和点差最低的账户。 货币对/时间框架:XAUUSD M30. 推荐货币对/时间框架: XAUUSD M30 要求和建议 5 位报价。 最大点差:0 - 20 点。 最低存款额:100美元。 最大止损水平:0 - 5 分。 建议杠杆为 1:100 或更高。 如果您在同一个账户上使用多个顾问,请确保所有顾问都有不同的魔术号码。 参数 订单类型 - 选择交易方向。 魔术 - 交易 ID。 Order Comment - 对订单的评论。 滑点 - 触发订单前的允许滑点。 风险保护平仓订单 - 当设置为 true 时,EA 使用强制平仓来防止损失。 使用自定义滑点 - 在滑点的情况下关闭头寸。 自定义滑点 - 以
Sequoia mt4
Yvan Musatov
5 (1)
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
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