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London Breakout MT5

5

London Breakout MT5

is the risk-reduced and not overpriced Breakout Expert that trades morning session breakouts of GBPUSD, here offered by the original developer. 

!!!Just rent it riskless for only $30 and decide later to buy the unlimited license finally by getting reimbursed by the $30 rental fee!!! 

Watch this video before you intend to buy a much more expansive Breakout Expert Advisor: https://www.youtube.com/watch?v=c0UwKrWnoEE&t=2s 

Life signal (shows all current life trades without any delay): https://www.mql5.com/en/signals/2190019

By default two stop orders are placed per session. The onscreen panel provides a detailed overall view about system and market status. Furthermore, it includes buttons for active Traders to place additional sessions and/or market orders manually at any time as mechanical experts are not able to catch every further promising trading opportunity during the day's market movement. 

Unlike experts that use Martingale or Grid strategies, London Breakout MT5 doesn't use such strategies and protects its trades by setting fixed stoploss and in addition, possible drawdowns become limited by the build-in recovery function that balances profitable positions with lower loss positions. Profits are taken by virtual trailing and starts at the preset of "Profit Trail Activation" level or higher if indicator-controlled value exceeds the preset.

The expert is spread- and latency-sensitive. Therefore, it is highly recommended to choose Hedge ECN-accounts of types "RAW" or "Razor" with reliable Brokers like IC Markets, FP Markets, Tickmill, … However, standard accounts are not recommended for their huge spreads! 

The build-in News-Reader/-Trader allows to quickly inform on chart about the coming news events and offers setup of trading pauses to start before news of high market impact. It is highly recommended to use this feature as breakout strategies sometimes will fail if the broker doesn’t fill the order at the predetermined price or huge spreads because of extremely high demand. Especially interest rating decisions and Nonfarm Products releases. Furthermore, for continuously operation the expert should become installed on an VPS with locations of low latency like for example New York or London.

Installation is done on the GBPUSD chart whereby the chosen timeframe doesn't matter and even can be changed at any time of the expert's operation status without to affect it. Furthermore, the expert regards only trades of the same Magic Number and Symbol. Therefore, manually entered trades should be entered by the Panel buttons "BUY"/"SELL", if become included in the expert's calculations. 

Session opening takes place at GMT hour and does not be needed to adjust. All other trading time settings are taken from the accounts broker server time. For convenience the GMT-hour is displayed beside the server-hour on the Onscreen Panel.   

TIP: Backtest in visual tester mode allows to operate the Expert just like in life trading if in the Settings "Display Panel in visual Tester Mode" was set to "true". All the buttons can be utilized. To utilize the News Reader data in visual tester mode, please ask for my special free Script tool that prepares the news data for Backtesting. 

Features Overview

  • Currency pair GBPUSD
  • Works in any time frame
  • After server restart/fault or expert update contiunes operation of open trades frictionless
  • Adding of further order sets repeatedly manually at any time
  • Trades with Stop-Loss protection
  • Recovery mode optional
  • Virtual trailing stop and trailing take profit
  • Broker big slippage and big spread protection 
  • Breakeven recurring touch protection (see screenshot)
  • Money Management with Auto-Volume adaption
  • News Event Calendar with News-filtered Trading pause optional
  • Auto/Manual GMT adjustment
  • Onscreen Panel with status information/messages and buttons for manually:
    • Opening of new stop order set at any time manually
    • Placing Buy/Sell market orders
    • Closing open orders
    • Show/hide News Event Calendar
    • Show/hide Onscreen-Panel by clicking its headline or pushing key ‘s’

>>> For detailed setup and installation instructions: https://www.mql5.com/en/blogs/post/756029

>>> Tips for choosing the right broker and VPS provider: 





리뷰 2
Ocean
389
Ocean 2024.02.13 19:00 
 

Professionall and profitable EA, high attention to safety, perfect panel with manual trade and pending orders, News panel. Excellent communication

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Profalgo Limited
4.5 (34)
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Bogdan Ion Puscasu
4.86 (274)
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5 (7)
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Evgeniy Ilin
5 (2)
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Chen Jia Qi
4.55 (78)
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Signal Account  (running 0.75% Balance Risk) If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. If you'd like to purchase multiple EAs (minimum 2 EAs of your choice) as a custom package contact me for 15% special discount for the package. Also contact me for additional discount options. Join  Nexus Community Public Chat This EA is part of   Nexus Portfolio  - the most long term stable EA in mql5 market.  Starting price: $1600, current price $2400, ne
Big Forex Players MT5
Marzena Maria Szmit
4.82 (45)
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Marzena Maria Szmit
4.52 (56)
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Gregory Hay
4.84 (19)
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Dilwyn Tng
5 (17)
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Lo Thi Mai Loan
5 (10)
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Marco Solito
5 (56)
Last copy at 399$ -> 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
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Babak Alamdar
4.25 (4)
백테스트가 아닌 실제 거래 시스템을 구매하세요:     Live Signal 이 가격은 프로모션 기간 동안 일시적이며 곧 인상될 예정입니다 현재 가격으로 몇장 남지 않았으며, 다음 가격은 -->> 597 $ Welcome to the GoldMind AI Hey, I'm GoldMind AI! 이는 다양한 향후 업데이트와 놀라운 기능을 갖춘 GoldPulse AI의 라이트 버전으로 금 또는 XAUUSD를 거래하는 최초의 가장 똑똑한 로봇입니다. 매일매일 뉴스를 확인하며 기술적, 근본적, 감성적 확인이 있는 기회라면 무엇이든 활용합니다! 돈은 참을성 없는 상인의 주머니에서 환자의 주머니로 나올 것입니다! 이 시장에서 당신은 똑똑한 사람들과 경쟁하게 될 것입니다! 그들은 당신의 돈을 얻으려고 하고, 당신도 그들의 돈을 얻으려고 합니다! 가장 정확하고 적극적인 시장분석으로 최선을 다하겠습니다! 행운을 빌어 요! Highlights: 간단하고 사용하기 쉽습니다: Gold
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Ho Tuan Thang
3.94 (34)
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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Marzena Maria Szmit
4.32 (34)
The Bitcoin Robot MT5 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 same time. Bit
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Mansour Babasafary
4.27 (11)
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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Babak Alamdar
4.34 (32)
백테스트가 아닌 실제 거래 시스템을 구매하세요:   Live Signal 1     Live Signal 2       Live Signal 3   이 가격은 프로모션 기간 동안 일시적이며 곧 인상될 예정입니다 1EA 무료로 받으세요 -> 구매 후 연락주세요  현재 가격으로 몇장 남지 않았으며, 다음 가격은 -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! 이것은 XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD 및 XAUCNH와 같은 전체 쌍으로 금 또는 XAU를 거래하는 최초의 가장 똑똑한 로봇입니다! 매일매일 뉴스를 확인하며 기술적, 근본적, 감성적 확인이 있는 기회라면 무엇이든 활용합니다! 돈은 참을성 없는 상인의 주머니에서 환자의 주머니로 나올 것입니다! 이 시장에서 당신은 똑똑한 사람들과 경쟁하게 될 것입니다! 그들은 당신의 돈을 얻으려고 하고,
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Michael Prescott Burney
5 (1)
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Stanislav Tomilov
4.8 (35)
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Stanislav Tomilov
5 (13)
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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Rescue Trader MT5 Rescue Trader isn't a Grid or Martingale Expert as each single trade is protected by fixed stoploss. Adding of new trades to existing trades are always entered on indicator pattern entry and not simple on fixed distances like Grid-/Matingale-Systems usually work. For additional protection, its drawdown recovery algorithmus closes particular trades that are profitable while at the same time closes older loosing trades in the way that in total that bulk closes in profit. Howev
Night Worker MT5
Edgar Elsner
5 (1)
Night Worker MT5 is a low-risk multi-currency Expert Advisor, particularly suitable for risk-averse users, that does not use risky recovery strategies such as Martingale or Grid. Due to tightly limited stop-loss values, the profit curve naturally does not move upwards like a straight line and without fluctuations. On the other hand, there is also no risk of a deeper draw-down, as inevitably occurs sooner or later with the strategies mentioned above, and those in some cases can lead to a total
TRADECOPY CLIENT MT5 Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before end up in profit (or in loss finally...).   To improve the profits and avoid possible drawdowns of trades that have been opened by the accounts that are running the TradeCopy Master MT4/MT5 was
Mount Gold EA MT5
Edgar Elsner
5 (1)
Mount Gold EA MT5 is based on combinations of classic indicators that include trend following as well as oversold/overbought strategies for trading the XAUUSD pair and is suitable to trade on Prop firms account. It includes furthermore a powerful flexible configurable recovery mechanism as well as the option to place and close orders manually. For active Traders it makes it even more flexible for trading of further instruments than XAUUSD. All the trade entries and exits are provided by virtual
Golden Tea Time MT5
Edgar Elsner
5 (1)
Golden Tea Time MT5 is based on a classic, popular breakout strategy and does not use martingale or grid mechanisms. Golden Tea Time MT5 only opens a pair of stop orders every day at leisurely English tea time, after possible market-moving news has already faded away. Once an order becomes a market order, the remaining stop order is deleted. However, the risk of a losing trade cannot be ruled out and is then limited to just $5/0.01 lot. In this case, the following day's trading can be assigned
TRADECOPY MASTER MT4 Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before ending up in profit (or in loss finally...).   Improvement of profits (and limit losses) by additional controlling of trades that your experts on the TradeCopy Master part have been opened can b
FREE
TRADECOPY MASTER MT5 Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before ending up in profit (or in loss finally...).   Improvement of profits (and limit losses) by additional controlling of trades that your experts on the TradeCopy Master part have been opened can be
FREE
Gain Guard MT4 secures the profits of all or selected trades on one terminal or on several terminals with the same account number. The selection can be configured according to Magic numbers and/or symbols, so that the Magic numbers and/or symbols that are not selected remain unconsidered. What is it useful for? For example, when several experts trade on one terminal and manual trading also takes place. Experts have different strategies and SL/TP. In particular, some experts let the trades run
FREE
Gain Guard MT5
Edgar Elsner
5 (1)
Gain Guard MT5 secures the profits of all or selected trades on one terminal or on several terminals with the same account number. The selection can be configured according to Magic numbers and/or symbols, so that the Magic numbers and/or symbols that are not selected remain unconsidered. What is it useful for? For example, when several experts trade on one terminal and manual trading also takes place. Experts have different strategies and SL/TP. In particular, some experts let the trades run
FREE
TRADECOPY CLIENT MT4  Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before end up in profit (or in loss finally...).   To improve the profits and avoid possible drawdowns of trades that have been opened by the accounts that are running the   TradeCopy   Master   MT4/MT
This indicator was developed by me, based on my experiences during my long term daily trading. It allows to get an excellent and compact overview about the current market situation without to have to monitor multiple charts. The default settings are widely used by traders. For example on sites like forexlive.com:  https://www.forexlive.com/technical-analysis Features: The Moving Average Swiss Knife-like indicator for Daytraders Allows to setup of up to seven different MAs (MA and DEMA) to use on
Traders Swiss Knife MT5 supports you to get the maximum out of your trading activities. No matter you are managing manual placed trades or you like to boost your third party Expert Advisor's trades. It works with currencies, cryptos, stocks and indices. Key Features: Virtual Trading Lines: free changeable in any direction or auto-placed by ZigZag indicator to build resistance, support, channels, triangles, wedges,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracke
필터:
Christian Jordan
448
Christian Jordan 2024.04.30 19:09 
 

사용자가 평가에 대한 코멘트를 남기지 않았습니다

Ocean
389
Ocean 2024.02.13 19:00 
 

Professionall and profitable EA, high attention to safety, perfect panel with manual trade and pending orders, News panel. Excellent communication

리뷰 답변
버전 1.74 2024.07.04
Minor bug fixes
버전 1.73 2024.07.04
The in V1.72 published new feature of "Compansation Order Close" wasn't enabled yet. Sorry for any inconvinience.
버전 1.72 2024.07.04
- Added new option "Compansation Order Close": If enabled and there are orders in profit territory, LB searches for those orders that are in lower loss than the
orders in profit to close both of them. This reduces the current overall account margin used.
- News Events Filter: Fixesd an issue where in the events list sometimes gaps between news have been appeared.
- Minor bug fixes and code improvements.
버전 1.71 2024.06.03
- Enhanced News Event Calendar:
- Switch news and timeline indepentendly by two buttons
- News Filter status displayed on panel
- Next coming filtered event highlighted at news list
- Past events now displayed correctly if selected by button "Past Events"
- Range of lookup past events changable in settings (default 4 hours)
- Minor bug fixes
버전 1.68 2024.05.27
- Added to show news lines to the News Filter
- Minor bug fixes
버전 1.67 2024.05.26
- News Filter Investing.com replaced by MQL5 Calendar
- Display Local Time on Panel (previously Server time)
- Performance improved
- Minor bug fixes
버전 1.65 2024.04.27
- Performance improved and orders opening time changed
- Minor corrections and optimizations
버전 1.63 2024.03.30
- Reduced count of repeated log messages
버전 1.62 2024.03.29
- Minor bug fixes
버전 1.61 2024.03.28
- Added protection against possible Rollover close positions in drawdown because of big spread after the market reopen,
if currently virtual traling stop is actively trailing
- Added tolerance for GMT entry time if the broker failed to deliver ticks at the requested time
버전 1.59 2024.03.26
- Minor code optimizations to recuce CPU utilization
버전 1.58 2024.03.21
- Added protection when timeserver.com is temporarily unavailable in Auto-GMT mode. (Does not affect trading operation.)
- News messages that are wider than the news window reformatted.
- Minor bug fixes
버전 1.56 2024.03.18
-Changed on Panel displayed current time to local time from former server time
-Fixed an issue where some parameters displayed on the panel hadn't been updated in advance if the market time was off (weekends)
버전 1.54 2024.03.10
Minor changes in News Event function
버전 1.52 2024.02.29
Fixed an issue where disabling of manually Buy/Sell orders via onscreen panel buttons wasn't aviable. Therefore, if a new set was opened, always both trading directions had been set.
버전 1.50 2024.02.22
Code modified to more tolerance if in rare cases different servers are having slightly different ticks.
버전 1.49 2024.02.22
Changed opening of manual order set:
Now, if the current candle's open/close is inbetween its high/low and its high or low is greater/lower than the past candles inside the trading box, orders become opened at its high or low instead at the previous candle as before in V1.48. This offers more oportunities to reenter order sets.
Fixed an issue where the history profit was calculated slightly different.
버전 1.48 2024.02.19
Fixed issue where displaying of current time was disabled on Onscreen Panel
버전 1.47 2024.02.16
Minor bug fixes
버전 1.46 2024.02.16
Further drawdown protection enhancements
Minor bug fixes
버전 1.44 2024.02.08
Minor bug fixes
버전 1.43 2024.02.07
Added new Feature "Breakeven Recurring Touch Protection" to avoid deeper drawdowns after the price could not break through after several attemts. If the feature is enabled, the trade become closed with a small loss or small profit.
버전 1.42 2024.02.05
Code optimized
Setting parameters adjusted (If previous version becomes updated, please reset the settings to default and enter your individual changed parameters after that.)
Minor bug fixes
버전 1.40 2024.01.28
Performance improved and possible drawdown reduced
Minor bug fixes
버전 1.36 2024.01.24
Added optional protection against big broker slippage.
How it works:
Big slippage means that the broker doesn't send your pending stop order to market at the preset price but moves it much further against your desired entry price and send it to market with big delay. At that point the price often unpredictable pulls back and possible results a bigger drawdown.
When something like this occurs and the Slippage Protection is activated, the opened market position becomes closed immediately with a negligible loss and therefore prevents against a possible huge drawdown.
버전 1.35 2024.01.22
Optimized Spread protection and reduced max. Spread settings to 20 points from former 50 points
Minor bug fixes
버전 1.34 2024.01.19
Event calendar optimized
Minor bug fixes
버전 1.33 2024.01.18
Minor bug fixes
버전 1.31 2024.01.17
Fixed an issue with GMT calculation
Added On-/Off-Button to News Reader panel for displaying past news preset in hours in settings page
버전 1.30 2024.01.17
Added News Reader with switchable News Timer to enable/disable Trading during news with expexted high market impact
Added Auto GMT detection
버전 1.24 2024.01.10
Further improvement of performance and profit
버전 1.23 2024.01.08
Fixed an issue where manually opening of stop order session didn't apply
버전 1.22 2024.01.08
Minor bug fixes and code speed optimization