Pack Invest London Break Out EA

London Breakout EA – Simple & Effective Breakout Strategy

London Breakout EA is a fully automated expert advisor that trades the classic London breakout strategy. It identifies the Asian session range (00:00 – 08:00 GMT) and enters a trade when price breaks above the high or below the low of that range during the London session (08:00 – 18:00 GMT).

The EA is designed for traders who want a transparent, rule‑based approach with strict money management. It works on any symbol and time frame (preferably EURUSD H1 or higher) and is compatible with both netting and hedging accounts.

Key Features

• Simple & Proven Strategy
  No martingale, no grid, no arbitrage. Just one trade per breakout direction based on the Asian consolidation range.

• Fully Automated Risk Management

  • Risk per trade in % of current balance

  • Maximum daily drawdown limit

  • Maximum number of trades per day

  • Maximum spread filter

  • Slippage control

  • Maximum lot size limitation

• Broker‑Friendly Execution
  Automatically uses the best available order filling mode (FOK / IOC) supported by your broker. Respects  SYMBOL_VOLUME_MIN/MAX/STEP  and  SYMBOL_TRADE_STOPS_LEVEL .

• Works on Any Instrument
  Developed for Forex majors (recommenden EURUSD H1, for more Forex setfiles join https://www.mql5.com/en/channels/01e5c5d4f8dbdc01), but can also trade commodities like XAUUSD (Gold) or indices – as long as the symbol has a clear Asian session.

• No Time‑Bomb, No Hidden Code
  Full source code transparency (MQL5). The EA does not use banned functions ( Sleep ,  PlaySound ,  ChartSetString , etc.). It meets all MQL5 Market validation requirements.

Input Parameters

How It Works

1. Asian Range Calculation (00:00 – 08:00 GMT)
   The EA records the highest high and lowest low of the Asian session using GMT time (server‑independent). The range is calculated once per day.

2. Entry Logic (08:00 – 18:00 GMT)

   • If price breaks above the Asian high → a BUY order is placed immediately.

   • If price breaks below the Asian low → a SELL order is placed immediately.

3. Exit Logic

   • Stop Loss is placed outside the opposite side of the Asian range plus  StopPips .

   • Take Profit is set at  TakePips  from the entry price.

   • The EA never adds to a losing position and closes all trades at the end of the day (if still open) – no overnight exposure beyond the trading hours.

4. Risk Controls

   • Only one position at a time (configurable via  MaxConcurrentPositions ).

   • Daily drawdown limit: if the limit is reached, no further trades are placed that day.

   • Spread check: trades are prevented when spread exceeds  MaxSpread .

   • Cooldown after a failed order to avoid spam.

Requirements

• Platform: MetaTrader 5 (build 4000 or later)

• Symbols: EURUSD (more set-files will be published in our channel: https://www.mql5.com/en/channels/01e5c5d4f8dbdc01)

• Time Frame: H1 or higher (the EA works on any, but H1 provides smoother Asian range)

• Minimum Deposit: Depends on your risk settings. We recommend at least $500 for a 0.01 lot trade with 1% risk.

Performance Expectations

Past performance does not guarantee future results.
Backtests on EURUSD (2025–2026) show a natural growing equity curve. The strategy works best in trending markets and may produce small losses during consolidation. The EA is intended as a long‑term, well‑diversified tool, not as a “get rich quick” scam solution. It has ups und downs, while growing the balance.

Why Choose This EA?

• Market‑Validated – Successfully passed the MetaQuotes automatic checks.

• Lightweight & Fast – No heavy indicators or complex calculations.

• True London Breakout – Not a fake breakout system. Uses precise GMT time and correct range calculation.

•  Support ans additional information about exclusive new products - https://www.mql5.com/en/channels/01e5c5d4f8dbdc01
  

Installation & Support

1. Copy the  .ex5  file to  MQL5/Experts/ .

2. Attach the EA to a chart (H1 recommended).

3. Adjust the input parameters according to your risk preferences.

4. Run the backtest to verify settings before live trading.

Support is provided via MQL5 messaging.

https://www.mql5.com/en/channels/01e5c5d4f8dbdc01