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Open London Market Breakout Strategy

This EA OLMBS (Open London Market Breakout Strategy) is based on a proved breakout strategy for the London session.

The strategy consists to trace a channel based on the last 4 candles in M15 chart just before the London opening (8:00 GMT) and then put a BuyStop at the top, or a SellStop at the bottom of the channel with meticulous Stop Loss and Take Profit (this one is based on a smart Risk/Reward). Some advanced features and filters give the ultimate edge for this EA, and in the long term it is very profitable with a contained DD. This EA will execute only one trade per day and it will be managed very well!

Here the general settings:

  • risk: risk in percentage based on the balance (for example, 1 means 1% risk).
  • compounding: improve the money management with the risk based on the compounding effect.
  • lots: option to open orders with a predefined lots, specified in the option lots. If is 0, this option is not used.
  • distSL: distance of the Stop Loss in Points.
  • RR: distance of the Take Profit target based between the distSL and the Risk-Reward Ratio.
  • numberCandlesEA: number of candles at M15 chart in order to calculate the channel.
  • StopProfitStrategy: number that define the Strategy of the Stop Loss management during the trade lifetime (leave the default number or put 0 to not use this option).
  • TrailingStopMovement: this option allows moving the SL dynamically (Point by Point) until it reaches the breakeven point. It is a Trailing Stop till breakeven Point.
  • partialRange and partialProfit: partial profits based on the distance of TP range (between 0 and 1) and the amount of partial profit (between 0 and 1). For instance, if partialRange is 0.3 and partialProfit is 0.333 that means when the price reaches 180 Point (distSL x RR x partialRange = 100 x 6 x 0.3 = 180) the EA closes one third of the position in profit (0.333 = 33% on the actual lots).
  • Time Daylight Savings: calculate automatically the daylight savings hour (last Sunday of March and October).
  • TimeGMTHourDelay: hour delay.
  • activateMoneyManagement: activate the money management based on the Anti-Martingale.
  • commentTrade: set the comment of the trade; leave blank for the default comment.

This EA runs on EURUSD M15.
The last version is 3.11 and was released on January 21st 2019

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A significant improvement from the classic Martingale System, Smart Martingale gives you the consistency of a martingale system WITHOUT the huge blow to your account! Backtested with a wide spread of 25 points with great results For Demo: EURJPY/D1 Default settings will work with EURJPY For CUSTOMERS(Renters/Buyers): Optimized settings for EURUSD AUDUSD GBPUSD NZDUSD AUDNZD USDJPY EURAUD EURJPY GBPAUD GBPNZD USDSGD Best configuration: There is a specific configuration that creates the best r
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Ultimate Trend Master
Francis Belanger
This Expert Advisor works with 10 hidden indicators. The strategy searches for support and resistance levels and measures volatility of the market. All of this is done by a complex algorithm and calculation for the best entry point. The EA is FIFO-compliant if hedging is disabled. It works with almost all brokers and does not need the most powerful VPS. It can also work on your desktop but it is not the best thing to do. Settings This EA was developed at first for use on M1 and those pairs: EU
2 750 USD
Multibot
Stanislav Rozhdestvenskyi
The Multibot is a multi-currency EA, that trades on the breakouts of the important support and resistance levels. Period H1. The system shows a good diversification of risks when using the major currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD Features: Does not require a huge deposit Does not use martingale Each trade has a Stop Loss and Take Profit The profitable trades are moved to breakeven Uses pending stop orders for trading Can work with fixed lot or with a free margin percentage
9 999 USD
EA Orbit
Selvy Romiyati
Orbit is an Experts Advisor based on some standard indicators and simple inputs. Recommended pair is EURUSD. Recommended account leverage is 1:400. Recommended timeframe is M5. Balance Standard Account: $2 000 for Lots 0.01. Balance Mini Account: $200 for Lots 0.01. Balance Micro Account: $20 for Lots 0.01. VPS hosting 24/7 is strongly advised. Inputs Lots - fixed lot size. Take Profit - take profit in pips.
10 000 USD
FIA Algorithm Fate
Junping Wang
This is a very unique design with my algorithm calculation, take profit control and stop loss control. It is based on both grid trading and algorithm trading. FIA Algorithm Fate does not provide parameter settings for take profit and stop loss because this EA execute take profit and stop loss by itself with strict rules. Features No limit of trading any symbols for this EA Martingale design Slippage, spread or commission don't matter. Suitable for any broker and any account type which allows E
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Version 3.11 2019.01.21
- revision and improvement on the MQL4 source code
- fix some bugs about partial profits and ticket recognition
- fix bugs about lot size management
- auto-update about the daylight savings time !
- re-evaluation about EMA,RIS and MACD filters
- included an algorithm about Money Management system based on Anti-Martingale approach
- reviewing the Stop Loss and Take Profit distance (now the SL is fixed on 100 Point)
- activating option about partial profits in order to improve the performances and the DD