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London SE BreakOut EA

Versione demo scaricata: 15

Pubblicato: 3 maggio 2023

Versione attuale: 4.16

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London SE BreakOut EA

Experts
Alexander Titov
Versione: 4.16
Attivazioni: 5

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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Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi

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benvenuto a Versione GoldExcel EA MT5 , trading valido per la coppia di valute XAUUSD (GOLD) di oggi. È stato progettato dal nostro team per gestire account regolari, account sponsorizzati e attività. Non utilizzare il trading ad alta frequenza. See all products here: https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. JinZhuo Questa è una strategia di trading giornaliero che utilizza solo coppie d'oro. Le coppie d'oro sono idea

699 USD

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