Chapter 1 – The Magic (and Pitfalls) of the London Breakout Strategy
Each morning as the London trading session opens, the forex market comes alive: liquidity surges, institutions become active, and GBPUSD frequently breaks out of its overnight range. This behavior forms the basis of the well-known London Breakout Strategy.
🕘 What Makes the London Breakout Strategy Powerful?
Typically, a tight consolidation range forms during the quiet Asian session. As London opens, this range is often broken—driven by market volume, European market participants, and macroeconomic data. Breakout traders capitalize on this by placing stop orders above and below the range, ready to catch directional movement.
❌ Why Do So Many EAs Fail at It?
While the theory is simple, most EAs attempting to trade this strategy exhibit fatal weaknesses:
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Trading blindly during high-impact news or low-liquidity Fridays
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Re-entering in the same direction while already holding losing trades
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Leaving trades open indefinitely hoping for reversal
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No dynamic risk control, recovery logic, or market awareness
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❗ Require manual session timing, timezone adjustments, or constant tweaking
Burning London EA is built to fix exactly these issues — structured, safe, and fully automated. And best of all: no time-setting required.
Chapter 2 – What Makes Burning London Different?
🔁 2.1 Recovery Mode
When a new trade makes profit, the EA uses it to offset losses from older trades — even combining profits from multiple trades to gradually close out losers. No Martingale, no position doubling.
🧲 2.2 Distance Filter
If a trade is already open in a given direction (especially if it’s in drawdown), the EA checks for sufficient price distance before allowing a new entry. This reduces overexposure and protects against breakout traps.
⏱️ 2.3 Time-Limited Trade Logic
Trades that fail to move into profit within a user-defined time window — or drift too close to SL — are closed early. This keeps capital rotating efficiently instead of locking up margin in dead weight.
📅 2.4 Event Filter + Friday Block
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📰 No trading on NFP Fridays (first Friday of each month)
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📉 No trading on regular Fridays by default (low momentum, institutional closeouts)
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Both filters are user-configurable
🕒 2.5 No Time Configuration Required
Unlike many systems that need manual broker/server time settings, Burning London automatically detects the correct London session range — internally and without user input.
✅ No timezone confusion
✅ No DST adjustments
✅ No manual session start/end times
➡️ It just works — regardless of broker time or seasonal changes.
Chapter 3 – Core Features & Configuration
🔑 Key Features at a Glance
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✅ Fully automated London session breakout strategy
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✅ Designed specifically for GBPUSD only
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✅ No Martingale, no Grid, no Hedging
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✅ Dynamically calculated SL/TP based on market volatility
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✅ Three position sizing modes: Fixed, Risk-Based, Balance-Based
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✅ Built-in Drawdown control and Trade recovery logic
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✅ Compliant with Prop Firm trading rules
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✅ Visually displays current PnL, floating loss, recovery state
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✅ No time configuration necessary — auto-session recognition
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✅ Zero ongoing tweaking — no seasonal/session corrections needed
⚙️ EA Setup
As you can see, the setup is really clean. No big configuration is needed, no time settings. Just Calculation & Friday setups and let the EA make everything else.
Chapter 4 – Verified Performance Comparison
Backtest period: Jan 2020 – Mar 2025
Settings: $10,000 deposit, 1-Min OHLC model
| Setup | Trades | Max Drawdown (%) | Net Profit | Profit Factor | Recovery Factor | Expected Payoff | Sharpe Ratio | Win Rate (%) |
|---|---|---|---|---|---|---|---|---|
| Low Risk | 7841 | 4.49% | $6,502.33 | 1.44 | 8.99 | 0.83 | 3.86 | 83.92% |
| Medium Risk | 8160 | 7.30% | $13,419.16 | 1.46 | 8.17 | 1.64 | 3.92 | 80.61% |
| High Risk | 8930 | 21.22% | $107,420.86 | 1.44 | 4.78 | 12.03 | 3.70 | 73.58% |
➡️ These numbers confirm consistent risk/reward scaling — with protection mechanisms active even at aggressive risk levels.
Chapter 5 – Installation & Free Trial
🛠️ How to Install
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Open MetaTrader 5
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Go to “Navigator → Market → My Purchases”
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Install Burning London from your MQL5 account
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Attach it to a GBPUSD chart (any timeframe)
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Enable Algo Trading — that’s it!
✅ Works on any timeframe — chart view is irrelevant
✅ No complex setup — plug and trade
🧪 7-Day Full Trial Available
Want to try the EA before buying?
📩 Just send me a private message on MQL5.com and you’ll receive:
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✅ A fully functional 7-day trial license
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✅ Bound to your account
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✅ Available for both Demo or Live accounts
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✅ No feature limitations
✅ Final Thoughts – Clean, Controlled, and Smart
Burning London EA applies structure to a breakout model that often fails in live environments. With automatic session detection, intelligent filtering, and rock-solid backtests, it’s built for traders who take timing seriously — and risk management even more so.
🛒 View on MQL5 Market
💬 Join User Community – Share feedback, ask questions & connect with other traders
