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Open Market Breakout Pro

Expert Advisor: OpenMarketBreakout

Preferred Timeframe: H1. This is not hardcoded, try out your own strategy.

General Description: The OpenMarketBreakout Expert Advisor is a powerful tool designed to capitalize on market breakouts during specific timeframes. This EA employs a sophisticated algorithm to identify opportune moments for initiating trades, focusing on breakouts from local high and low points. By harnessing this strategy, traders can potentially capture significant market movements and optimize their trading performance.

Disclaimer: It's important for traders to use strategies that include both winning and losing trades, rather than chasing after unrealistic promises of huge profits. No strategy can guarantee constant success, so it's crucial to manage risks wisely. In essence, success in trading isn't about chasing mythical "holy grails" but about using robust strategies like OpenMarketBreakout that focus on sustainable growth and prudent risk management. With this expert advisor, traders can approach the markets with clarity, knowing that their trading decisions are grounded in a strategy designed for long-term success.

About the autor: Lorenzo Mancuso is a seasoned professional in computer science, specializing in artificial intelligence and engineering. With a master's degree in computer science and over a decade of experience, he has played pivotal roles in leading fintech companies in Europe. His expertise lies in designing and implementing robust and scalable software. Leveraging his skills, this EA offers traders a reliable tool backed by years of industry experience and innovation. Traders can trust in the reliability and effectiveness of this expert advisor for navigating the financial markets with confidence.

Key Features:

  • Breakout Strategy: The EA specializes in identifying breakout opportunities, leveraging market dynamics to enter trades at optimal moments.
  • Customizable Parameters: Users have the flexibility to tailor the EA to their preferences through adjustable parameters, including stop loss, take profit, trailing stop, and more.
  • Automatic and Fixed Lot Sizing: Choose between automatic lot sizing based on account balance or fixed lot sizes for precise risk management.
  • Intelligent Order Management: The EA intelligently manages orders, including the option to close opposite pending orders and apply trailing stop functionality.
  • Time-Based Execution: Trades are executed at specific time intervals, allowing traders to align their strategies with market openings and closings.

Parameters:

  1. Profit Settings:

    • Stop Loss: Set the desired stop loss level for trades (in points. 30 pips = 300). If set to 0, the EA will automatically set the value to the local peak.
    • Take Profit: Determine the take profit target for maximizing gains (in points. 30 pips = 300). If set to 0, the EA will automatically use the Profit Factor parameter.
    • Trailing Stop: Enable trailing stop functionality to secure profits while allowing for potential further gains (in points. 30 pips = 300). If set to 0, the EA will automatically use the Profit Factor parameter.
    • Profit Mode: Choose between fixed profit targets or dynamic trailing stop strategies.
    • Profit Factor: Useful to setup automatically the profit settings.
    • Price Mode: Select the reference price for pending order entry. Can be the current market price (Ask/Bid) or the Local Peak.
    • Bars Buffer: Define the range of bars used to identify local high and low points (Local Peaks).
    • Margin: Specify the additional distance from entry price to set orders. This could be useful to protect you from false signals

  2. Trade Settings:

    • Max Trades: Limit the maximum number of concurrent trades for the given symbol (both pending and open).
    • Expiration Hours: Set the duration (in hours) for pending orders before expiration.
    • Lot Mode: Choose between automatic lot sizing or fixed lot sizes.
    • Amount Per Lot: Determine the account balance multiplier for automatic lot sizing. Eg: amountPerLot=100, balance=1000, lotSize=1000/100*0,01 = 0,1
    • Lot: Set fixed lot size if applicable.
    • Close Opposite: Enable/disable the closure of opposite pending orders when one is triggered.

  3. Algorithm Settings:

    • Open UTC Hour: Define the hour for initiating trades.
    • Order Close UTC Hour: Set the hour for closing orders.
    • Magic Number: Assign a unique identifier for tracking EA transactions in MT4.

Setup: To utilize the OpenMarketBreakout EA, simply attach it to your MetaTrader 4 chart and configure the desired parameters according to your trading preferences. Once set up, the EA will automatically execute trades based on the specified parameters and market conditions.

Backtesting: Prior to live trading, it is recommended to conduct thorough backtesting to evaluate the performance of the EA under various market conditions. Backtesting allows traders to assess the effectiveness of the strategy and fine-tune parameters for optimal results.


Experience the power of market breakouts with the OpenMarketBreakout Expert Advisor and unlock new opportunities for trading success.

For further inquiries or assistance, feel free to reach out to the developer.

Copyright 2024, Lorenzo Mancuso & Armerina Investment. All rights reserved.


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Uzman Danışmanlar
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Lo Thi Mai Loan
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Bu fiyata sadece 2 fotokopi makinesi kaldı, bir sonraki fiyat $993 Canlı sonuçları buradan kontrol edebilirsiniz: $50K Kişisel sinyal:   [Buraya Tıklayın] Prop firması canlı sinyal:   [Buraya Tıklayın] MT5 versiyonu burada:   [Buraya Tıklayın] Quantum Algo Trading MT4   EA'ya hoş geldiniz. Bu EA, sadece mekanik bir sistemden daha fazlası olacak şekilde tasarlandı; ticaret ve programlama alanında 13 yıldan fazla deneyime sahip biri tarafından optimize edilmiş bir algoritma ile kırılma sist
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Arseny Potyekhin
Uzman Danışmanlar
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Thi Thu Ha Hoang
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Profalgo Limited
5 (6)
Uzman Danışmanlar
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Neon Trade MT4
Evgeniy Ilin
Uzman Danışmanlar
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Andrey Kozak
Uzman Danışmanlar
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Marzena Maria Szmit
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Uzman Danışmanlar
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Lo Thi Mai Loan
Uzman Danışmanlar
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Marzena Maria Szmit
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Uzman Danışmanlar
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Ivan Simonika
Uzman Danışmanlar
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Aleksandr Chebotaev
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Uzman Danışmanlar
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Stanislav Tomilov
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Uzman Danışmanlar
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Lo Thi Mai Loan
5 (5)
Uzman Danışmanlar
Başlangıç ​​promosyonu! Mevcut fiyattan sadece birkaç kopya kaldı! Sonraki fiyat: 1533 $ Son fiyat: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA, tic
GoldPulse AI
Babak Alamdar
3.53 (15)
Uzman Danışmanlar
Bir backtest değil, gerçek bir ticaret sistemi satın alın Bu fiyat promosyon süresince geçicidir ve kısa sürede artırılacaktır. 1 EA'yı ücretsiz alın -> satın aldıktan sonra benimle iletişime geçin Şu anki fiyatla sadece birkaç kopya kaldı, sonraki fiyat -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Bu, XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD ve XAUCNH gibi tam çiftlerle altın veya XAU ticareti yapan ilk en akıllı robottur! Her gün haberleri kontrol ediyo
Yazarın diğer ürünleri
Golden Ace
Lorenzo Mancuso
Uzman Danışmanlar
Expert Advisor : Golden Ace Timeframe: H1. General Description: GoldenAce is an Expert Advisor (EA) that optimize support and resitances breakout trading strategies for the XAUUSD pair. Employing innovative trailing stop mechanisms and tailored trade settings, GoldenAce capitalizes on market dynamics while minimizing risks. GoldenAce represents a sophisticated yet accessible tool for traders seeking consistent returns in the dynamic world of Gold trading. Key Features: Dynamic Trailing St
Blade Runner
Lorenzo Mancuso
Uzman Danışmanlar
Expert Advisor: BladeRunner Preferred Timeframe : D1. This is not hardcoded, try out your own strategy. General Description : The Blade Runner strategy in forex trading aims to identify and capitalize on potential price reversals by utilizing exponential moving averages (EMAs). Named after the iconic sci-fi film, this strategy involves monitoring multiple EMAs to gauge market momentum and direction. When certain conditions are met, such as the price interacting from above or below specific
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Sürüm 1.2 2024.04.19
Improve accuracy in closing orders
Sürüm 1.1 2024.04.18
Improve trailing stop function