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London SE BreakOut EA

This EA is based on statistical observations how a price moves after American, European or Asian stock exchanges are open.
You can fine-tune this EA according to your favorite FX pair, its daily price range, your risk tolerance and signal sensitivity.

How it works:
The EA is taking Hi-Lo price levels (ATR) from time range set buy a trader and watches for breakout of one of the level during the trading hours. If level is broken and other conditions are met, it places an order to open a long or short position according to the trend. Lot size is calculated based on risk tolerance and stop loss distance set by a trader. False breakouts can be filtered out with 3 moving averages (Red-Slow, Yellow-Middle, Green-Fast on the chart) to confirm the trend. If the price has not hit PL or SL then the positions will be closed by EA at a time set by a trader.

Suggestions:

  • Do not use this EA with other EAs on the same account!
  • Bigger risk requires bigger leverage


Additional options:

  • Hedge the position after loosing trade. Try to recover on trend reversal.
  • Set Middle Price to breakout instead of one of the levels
  • Stop trading if target balance is reached (Lowest and highest).
  • Choose to place Market or Limit Orders
  • Choose to use Price Action or Candle closing event.
  • Narrow slippage range to bypass high volatility in market.
  • Use automatic SL shift to set your trending position to be break-even or to fix a small profit.

Pay attention:

  • Use format HH:MM-HH:MM for time range variables (extra characters or spaces may lead to incorrect time recognition)
  • Use HH:MM for closing time

    Default Settings are recommended to use with GBPJPY pair and based on London Stock Exchange session time and GBPJPY daily price range. The parameters have been used on live trading accounts since January 2023.

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    Dilwyn Tng
    5 (16)
    Asesores Expertos
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    Dark Algo MT5
    Marco Solito
    5 (56)
    Asesores Expertos
    Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
    Aura Black Edition MT5
    Stanislav Tomilov
    4.26 (27)
    Asesores Expertos
    Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
    Gold Mana MT5
    Dilwyn Tng
    5 (4)
    Asesores Expertos
    señal en vivo 1: https://www.mql5.com/en/signals/2233179 señal en vivo 2: https://www.mql5.com/en/signals/2242009 Gold Mana se desarrolló tras más de un año de intensa investigación y pruebas. Este asesor experto utiliza mediciones de volatilidad en múltiples marcos temporales, analiza las intenciones de los participantes del mercado y anticipa los movimientos de precios antes de que ocurran con la ayuda de patrones de velas y análisis de oferta y demanda para entradas precisas que reaccionan
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    Ho Tuan Thang
    3.94 (34)
    Asesores Expertos
    ONLY 2 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me - REAL SIGNAL: Default Setting:   https://www.mql5.com/en/signals/2217326 Real operation monitoring as well as my
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    Thi Thu Ha Hoang
    4.69 (26)
    Asesores Expertos
    ¡Prepárate para el mayor descuento del año! La versión 4.0 ha llegado y estamos ofreciendo un enorme 40% de descuento en nuestro producto Boring Pips. ¡Disponible ahora por solo $299! ¡Pero date prisa, esta oferta solo es válida hasta el 18 de julio o hasta que se vendan 10 copias (lo que ocurra primero). ¡No te pierdas esta increíble oferta! ¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en
    Ai Hybrid Robot MT5
    Mansour Babasafary
    4.27 (11)
    Asesores Expertos
    Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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    Marzena Maria Szmit
    4.82 (45)
    Asesores Expertos
    We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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    Babak Alamdar
    4.76 (29)
    Asesores Expertos
    No compre un backtest, sino un sistema comercial real:    Live Signal 1     Live Signal 2       Live Signal 3   Este precio es temporal mientras dure la promoción y aumentará en breve. Obtenga 1 EA gratis -> contácteme después de la compra  Quedan pocas copias al precio actual, el siguiente precio es -->> 1480 $ Welcome to the GoldPulse AI Hey Soy GoldPulse AI! ¡Este es el primer robot más inteligente que comercializa oro o XAU con pares completos como XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY
    Aura White Edition MT5
    Stanislav Tomilov
    4.8 (35)
    Asesores Expertos
    Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
    Quantum Wizard MT5
    Bogdan Ion Puscasu
    4.67 (21)
    Asesores Expertos
    Quantum Wizard es un asesor experto avanzado para operar con el S&P500 (US500), que utiliza un   sofisticado sistema de cuadrícula y una gestión avanzada del dinero diseñada para lograr el máximo rendimiento   . Ha estado en desarrollo durante más de 2 años y la última actualización llegará este año. Ahora finalmente puede diversificar su cartera operando con índices. Quantum Wizard es muy sencillo de instalar, sólo necesita instalarse en el US500 con la configuración predeterminada, en cualq
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