Swing MorningFlat

4.75

This Expert Advisor is based on the famous Morning channel breakout strategy.

At the appointed hour, the EA plots a channel using High and Low of the specified number of candles of the selected Timeframe.

Filtering is performed by the size of the channel range.

The BuyStop and SellStop orders with the initial lot are placed at the channel boundaries.

If one of the pending orders triggers, the other one is deleted.

The EA marks the Breakeven price on the chart with yellow icons.

If the price passes the Breakeven level and moves into the profit area for the distance specified in TP_pips, all order of the current series are closed.

If the price reaches the opposite borders of the channel, the EA opens an order in the opposite direction with a lot size increased by the Martin coefficient.


Parameters

  • TF - working timeframe.
  • HourStart - broker time for opening pending orders.
  • FlatBars - the number of bars to plot the channel.
  • Max_Flat - the maximum width of the channel.
  • Min_Flat - the minimum width of the channel.
  • FirstLots - lot size for the initial orders.
  • Martin - lot multiplier when opening subsequent orders in the series.
  • Maximum_orders - the maximum number of orders in the series.
  • SpreadMax - spread limit for opening orders.
  • TP_pips - the number of pips in profit from the Breakeven price to close all orders in the current series.
  • Magic - identification number of the EA's orders.
  • PushError - enable sending push notifications to a mobile terminal when opening the next order is not possible.
  • AlertError - enable Alerts when opening the next order is not possible.
Reviews 4
Wichai Chomvijit
1128
Wichai Chomvijit 2017.12.09 05:23 
 

Best EA, if you using with small lot size. Low DD. I use with real account 1 month ago, Good performance. Thank you for create best EA. I will use this EA for longtime.

Christian Schuller
2200
Christian Schuller 2017.09.16 00:59 
 

Nice work!

RK99
2802
RK99 2017.08.10 12:54 
 

A great ea using morning breakout strategy with hedging method, most of professional traders using this strategy. I've been using it live account for 2 weeks it shows steady results with low draw down. If you're looking for consistent ea that comes with measurable risk, look no further this is the one.

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Mirror EA is an automated trading system developed to execute trades based on the SmaSRS196 indicator which is a combination of the Simple Moving Average (SMA) and the Relative Strength Index (RSI), utilizing a 96-period optimization framework.  The EA continuously analyzes market conditions to identify high-probability trading opportunities by confirming trend direction with the SMA while using RSI to detect momentum strength and potential overbought or oversold conditions.  The EA will sell u
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Levels HighLow 2TF
Andrei Fandeev
4 (2)
The indicator shows the High and Low levels of candles for timeframes selected in the settings. It is recommended to use it on smaller timeframes to determine the levels of higher timeframes. Parameters TYPE_LINE - type of the line (short based on the bar time, or long for the entire chart) ============= TF 1 ============= block of lines for the first timeframe TF_1 - timeframe of the first block of lines Bars_1_from=1   - Bar of the beginning of the line of the corresponding Timeframe. Bars_1_
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Trailing Complex
Andrei Fandeev
4 (1)
Trailing Complex is a Stop Loss trailing system that includes 9 components: Setting SL on the level based on the specified loss percentage of the deposit. Moving SL to breakeven. Standard trailing. PriceChennel based trailing. Fractals based trailing. The ATR indicator based trailing. MA based trailing Parabolic SAR based trailing Trailing based on a user drawn trend line. Any of the components can work alone or in combination with others. System settings allow to work with one symbol and scan
GRID Manual
Andrei Fandeev
5 (2)
Grid robot that maintains every open position opened by the trader. The buttons on the screen are used for opening the initial trade. The yellow labels display the price of total breakeven for each grid. The light blue labels display the level of total take profit for orders of each grid. The take profit is virtual. With each subsequent opened order the take profit of the grid is adjusted to get the total profit in the sum of the profit of the initial order, regardless of the size of all lots in
Grid RSI StopPending
Andrei Fandeev
4 (5)
This is a grid Expert Advisor with a position averaging and ability to enable/disable the martingale. RSI is used for placing the first order. Settings and indicator levels are set by users. Note: All distances in the EA are set in ratios from the ATR volatility indicator. A BuyStop order is placed when a symbol is oversold, while a SellStop one is applied if the price is overbought at the Distance_pending distance from the current price. If the price moves from a pending order, the order follow
The principle of the LastDayLevels Expert Advisor is based on the breakout of levels of the channel formed by the High and Low prices of the previous day. The EA has flexible settings, which allow modifying the parameters and the logic of this strategy in a wide range. It is possible to trade both the channel breakout , and the channel rebound . It possible to switch between working based on the Current or Closed bar. It is possible to enable/disable the lot increase when a trade is unprofitable
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pffaustt
210
pffaustt 2017.12.23 05:45 
 

I had been back-testing the demo like crazy and now trying it on a 1 month rental. Tidy little robot that appears to do its job very well. Credit to Andrei as the program and calculations are masterful. It does use martingale though, thus care is required. All in all looks very promising. I'm trading it live now and will report back in time. Four stars for now based on backtesting. Hope to be able to bump it up to perfect soon.

Wichai Chomvijit
1128
Wichai Chomvijit 2017.12.09 05:23 
 

Best EA, if you using with small lot size. Low DD. I use with real account 1 month ago, Good performance. Thank you for create best EA. I will use this EA for longtime.

Christian Schuller
2200
Christian Schuller 2017.09.16 00:59 
 

Nice work!

RK99
2802
RK99 2017.08.10 12:54 
 

A great ea using morning breakout strategy with hedging method, most of professional traders using this strategy. I've been using it live account for 2 weeks it shows steady results with low draw down. If you're looking for consistent ea that comes with measurable risk, look no further this is the one.

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