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London Hourly Breakout MT4

Introductory offer. 

The EA has been built around the London Stock Exchange open and the currency pair GBP/JPY. Entries based on the one hour time frame. It is based on taking entries during the first hour of the London Stock Exchange open due to the volume in this period. 

The EA will take a maximum of one trade per day; it will not take multiple trades. The EA also has the option to use the MACD for exit management instead of a fixed take profit. The use of the MACD for exit management is to maximise trade exits at potential reversal points and so to help take the optimal profit without risk of retracing back to entry or stop loss. 

Parameters:

  • ADX_Period - The period of the ADX.
  • Trend_Strength - For example "25" will set the trend strength to be minimum of 25 and so entires will only be valid if the current trend strength is above 25. 
  • Diff_DIs - Buffer between DI+ and DI-. For example buy entries only valid if DI+ is above DI- and the difference between DI+ and DI- is greater than the buffer value. 
  • Adj_B - Buffer to be placed at the high of the previous hour candle. For example 1 pip = 0.01 and so entries for buys only valid if market price exceeds previous high plus the buffer. 
  • Adj_S - Buffer to be placed at the low of the previous hour candle. For example 1 pip = 0.01 and so entries for sells only valid if market price exceeds previous low minus the buffer. 
  • Fixed_Lots - Set fixed lot size. Set as true for on.
  • Lot_Size - The fixed volume size.
  • Risk_Percentage_on - Risk a percentage of your balance. Volume calculated based on stop loss. 
  • Risk_Percentage - The percentage of your account you want to risk per trade. 
  • MACD_Exit - True will turn MACD on, which will control the exit of trades based on cross overs. Exit a buy trade when the MACD is above zero line and the main line crosses below signal line. Exit a sell trade when the MACD is below zero line and main line crossed above the signal line.
  • Fast - The period for the fast exponential moving average. 
  • Slow - The period for the slow exponential moving average. 
  • Period - Signal period of the MACD.
  • Time_Frame - This is the timeframe that the MACD is calculated from. 
  • TP_on - This allows for a take profit to be set with MACD exit on. Otherwise, no take profit and the MACD will exit the trade when requirements are met. Select the take profit via TP variable. 
  • TP - The percentage in relation to the stop loss to take profit. For example, ten pip stop loss and setting this variable as "100" will give a take profit of ten pips. This variable is automatically activated if MACD exit is off.
  • Breakeven_on - Set as true to turn breakeven on.
  • Breakeven - Set the percentage level in relation to stop loss for breakeven to activate. For example, ten pip stop loss and setting breakeven as "100" will mean the trade will move to breakeven when ten pips in profit.
  • Breakeven_Offset - This will place the trade x pips above/below entry price level. 
  • Partial_TP_on - Turn partial take profit on. 
  • Partial_TP - The percentage in relationship to the stop loss to partially close trade. For example, stop loss of ten pips and Partial_TP is set as "100", then a partial close of the trade will occur when ten pips in profit.
  • Partial_Close - The percentage of volume to close when partial-TP is met. For example “50” will close 50% by your positions at partial TP.
  • Trailing_Stop_on - True will allow trailing stop loss to be active.
  • Trailing_Stop - The number of pips in profit to start trailing the open trade.
  • Trailing_Step - Step sire to move the strop loss. For example "1", every extra pip in profit the trailing stop will move 1 pip in the direction of the trade.
  • Start_Time - Set the time interval for the first hour of London open based on your serve time. For example for serves with their time based on GMT time, London open is at 08:00.
  • End_time - Set 1 hour after start time.
  • Trade_Alert - Trade alerts top pop on MetaTrader terminal and also notifications to mobile devices if they are connected to your MetaTrader.
  • No_trade - Maximum stop loss, if exceeds no trade will be taken.
  • Max_SL - Max stop loss for a trade to be valid. 
  • Wick - Require top/bottom wick dependent on trade direction.
  • Top_Wick - Size of top wick in pips. E.g “10” means that there must be a 10 pip top wick for a sell trade to be valid. 
  • Bottom_Wick- Size of bottom wick in pips. E.g “10” means that there must be a 10 pip bottom wick for a buy trade to be valid. 


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default settings:           EURUSD M5   (or you can set the sets that are used on ICM signals from here -   set standart.set ) email:                   lleonea.com@gmail.com telegram for pm:  @leontolstoy Does not use dangerous strategies such as martingale or grid. Orders are protected by a real stop loss. No deceptive strategies such as breakout, impulse or rollover trading. You don't need a VPS or a low spread or anything like that, just a market execution with a hold of 1-4 hours and an a
799 USD
Breakthrough Strategy
Konstantin Kulikov
This system was developed to work with a large number of sets and after a certain time showed itself well when working at the close of trading on Friday. As a result, this direction of trading has become the main one for working with this expert. There are 25 current sets for different currency pairs, as well as a profile for quick setup   (download in comment #96 ). You can analyze the statistics of the work of an expert for different currency pairs at my signal:  https://www.mql5.com/en/signal
280 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 6/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, then we see an high resistance to slippage Spider  Crazy Pro 
199 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies of
145 USD
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
Friday Monday
Konstantin Kulikov
ONLY 19/20 COPIES AVAILABLE AT 280$ NEXT PRICE -> 380$ This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account:   https://www.mql5.com/en/signals/395124   . Therefore, as an alternative or addition to t
280 USD
Trend Line GRID mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 📢 Telegram channel " Profit every day "   https://t.me/ INFINITY_PRO_ED    🚩 Live signals here:  https://www.mql5.com/en/users/neurofx/seller  🔥🔥🔥 Promo "Buy one Get one free ►   https://www.mql5.com/en/blogs/post/740436 Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid
149 USD
GOLD EAgle mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the TrendLine PRO indicator and trades on the M1-M15 timeframes The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions settings We can say that the task of the EA is to bring any trade to p
149 USD
Forex Warrior
Dmitri Zaitsev
Forex Warrior is a martingale grid Expert Advisor, which trades simultaneously long and short using a carefully chosen martingale-based strategy. Trades are added to the basket by pending Buy Limit/Sell Limit orders. Forex Warrior analyzes the market conditions and adjusts trading lots and take profit levels according to the direction of the main trend. All trading orders opened by Forex Warrior are assigned individual stop loss levels, which helps to control trading risks. Settings SetName –
199 USD
Steady MT4
Andrey Barinov
"Steady" is a 100% adaptive expert advisor based on price movement. It has a built-in unique Smart Recovery algorithm. Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change. This is for those, who are looking for steady and stable growth over the long run. Take advantage of the launch promo price.   Price will be increased up to $799 starting from November 1-st. "Steady" for MetaTrader5 is here:  https://www.mql5.com/en/market/product
499 USD
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