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KT London Breakout MT5

First thirty minutes are essential for a trading session. The early reaction of traders and market players sets a path for the rest of the day.

KT London Breakout EA takes advantage of this phenomenon, and after analyzing the first thirty minutes of London session, it places two bidirectional pending orders. One of pending order is eventually canceled after realizing the market direction with certainty.

It has been strictly tested and developed for EUR/JPY using 30-Min Time Frame. You can experiment with other pairs, but it is not advisable to use a different time frame.


Backtesting

This EA has provided impressive results in a series of backtesting performed using Ten years of historical data starting from 2009.03.27 to 2019.03.27. You can use the following set files to achieve a similar backtest.

Don't be afraid to try testing with different input parameters. Better results can be achieved by experimenting with various input settings.

Input Parameters

  • ----- Inputs that affects the trading strategy -----
  • GMT Offset:  Insert a GMT offset based on your broker's server time.
  • Draw Price Tags:  If true, EA will draw the price tags on the chart to facilitate the strategy speculation.
  • Price Tag Color:  Choose the color for price tags.

  • ----- Configure Trade Settings -----
  • Lot Size Method:  Use a fixed lot size or automated lot size based on the risk percentage per trade.
  • Risk Per Trade: ​Choose a risk percentage per trade.

  • ----- Exit Settings -----
  • Use Stop loss:  true|false
  • Stop loss Method:  Based on your selection, EA will set the stop loss using pips, volatility or high/low of the last closed bar.
  • Use Take Profit:  true|false
  • Take Profit Method:  Based on your selection, EA will set the take profit using pips, volatility or price range of the last closed bar.
  • Use SL Trailing:  true|false
  • SL Trailing Method:  Based on your selection, EA will set the trailing sl using pips, volatility or high/low of the last closed bar.

  • ----- Set the Filters -----
  • Trend Filter:  If true, EA will not execute the trades against the market trend.
  • Volatility Filter:  Based on the value of volatility coefficient, EA will not execute trades during extremely high or extremely low volatility.
  • Vortex Filter:  If true, trades will be executed only if they are in accordance with the bullish or bearish bias.
  • MMI Filter: ​The Market Meanness Index measures randomness in the market. If true, EA will not execute trades if the market is moving a random way.

  • ----- Miscellaneous Settings -----
  • Max Loss Protection:  If true, EA will stop trading after a fixed drawdown has occurred (say 30%).
  • Logging:  If true, EA will log all its operation under the journal and expert tab.
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Genius Assets mt5
Roman Erokhin
5 (4)
How does it work Genius Assets EA?  Simply put, Genius Assets will open virtual trades in the background, using them to constantly monitor the market to help determine the absolutely perfect entry point, at which point GA will begin to open and manage real trades automatically. No automated system can last long without constantly updating settings. Genius Assets EA has an automatic update system, so you can be sure that your copy always has the latest, most effective settings for current mark
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Tioga MT5
Ozkan Kara
3.53 (19)
TIOGA is a fully automated   Night Scalper.   It works good on all major currency pairs.  Main strategy is using mean reversion on end of US season. The system focuses only Small and Steady Profits. The EA does not use grid, martingale, averaging or other dangerous strategies.   It uses fixed stoploss for every position. Live Signal    >>>  https://www.mql5.com/en/signals/1393148 General Strategy Definition Tioga enters trades only for 2 hours between 21:00 - 22:59 GMT. (London Time).    Th
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Aura Black Edition MT5
Stanislav Tomilov
4.9 (10)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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The Viper EA MT5
Profalgo Limited
4.13 (8)
Launch promo : Only 1 copy left at 349$ Next price: 399$ Final price: 990$ Low Risk Live :  https://www.mql5.com/en/signals/1492890 The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST).    These trades already have a very high succesrate, but if the market turns against the position, the EA will initialize its trademark recovery mode. The recovery algorithm will try to convert every unsuccesfull fir
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Version 1.2 2022.03.10
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