NinjabotATR

NinjabotATR: Intraday Volatility Breakout Expert Advisor

Overview
NinjabotATR is a robust, rule-based Expert Advisor (EA) designed for MetaTrader 5 (MT5) that capitalizes on intraday price volatility in the stock market. Utilizing the Average True Range (ATR) indicator, this EA identifies breakout opportunities from the daily opening price, enabling automated trading with a focus on disciplined risk management and statistical edge over time. Ideal for traders seeking a hands-off approach to intraday strategies, it emphasizes simplicity, reliability, and performance across multiple pairs.

Core Strategy

  • Breakout Mechanism: At the start of each trading day, NinjabotATR calculates dynamic entry levels by adding or subtracting a user-defined multiple of the ATR from the daily open price.
    • Long Entry: Triggers a buy order when the price breaks above the upper level (Open + ATR * Multiplier).
    • Short Entry: Triggers a sell order when the price breaks below the lower level (Open - ATR * Multiplier).
  • One Trade Per Day: Only one position (long or short) is opened per day per pair, preventing overtrading and emotional decision-making. If a stop loss is hit, no further trades in that direction are attempted until the next day.
  • Volatility-Adaptive: The EA is designed to handle high volatility.Thrives when markets are volatile. 
  • Multipair Support: The EA is built  to trade Gold and Nasdaq.
  • Risk Management: Built-in stop loss (SL) placed at the opening of the trading day and take profit (TP) is left to run until end of day hour. No fixed TP, trades close at end of trading day hour.
  • Customizable Parameters:
    • ATR Period: Default 5 (adjustable for sensitivity).
    • Multiplier: Fine-tune entry aggressiveness (e.g., 1.0 for conservative, 2.0 for aggressive).
    • Lot Size: percentage-based risk (trades 0.33% of account balance in each trade).
    • End of day hour and minute: change end of day hour default is 3:55 PM New York time.
  • Backtest-Friendly: Proven statistical edge in historical data, with a focus on long-term profitability through high-probability setups.
Performance Benefits
  • Edge in Volatility: Excels in markets with high volatility intraday moves, while avoiding whipsaws through ATR filtering.
  • Portfolio Integration: Pairs well with mean-reversion or swing EAs for a balanced trading system.
  • Low Maintenance: Set it and forget it—runs autonomously on VPS for 24/5 operation.
Recommended Usage
  • Timeframe: M1
  • Broker Compatibility: Works best with low-spread ECN brokers.
  • Optimization: Backtest on your broker's historical data and forward-test in a demo account before live deployment.

Disclaimer
Trading involves risk, and past performance is not indicative of future results. NinjabotATR is provided as-is; users are responsible for their own risk management. Always use proper money management and consult owner if needed. This EA does not guarantee profits and may result in losses.


Note the price will increase with purchase as it is an introductory price that is for a limited period. 

After purchase contact owner for support and installation:

contact @ 254115220087 WhatsApp 

Email @ makarekevin8@gmail.com 

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WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating unique data streams. Other brokers can only achieve trading performance equivalent to 60-80%. LIVE SIGNAL IC MARKETS ( My live signal on IC Markets is still on the old MT4 1.0 – I need to update new live signal to the newest version on MT5 platform
Gold Trade Pro MT5
Profalgo Limited
4.32 (38)
LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strate
AI Gold Scalp Pro
Ho Tuan Thang
4.08 (13)
WANT THE SAME RESULTS AS MY LIVE SIGNAL?   LIVE SIGNAL:  https://www.mql5.com/en/signals/2366724 Use the exact same brokers I do:   IC MARKETS  &  I C TRADING .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating unique data streams. Other brokers can only achieve trading performance equivalent to 60-80%. Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My com
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