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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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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Gold Quantum AI
Ho Tuan Thang
5 (2)
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. (*) IMPORTANT NOTE: To be able to back test the EA or install the EA correctly to be able to trade normally. You will need to allow EA access to the GPT API in addition to installing other news-related websites. For details, please contact me to receive specific installation instructions. Gold Quantum AI is an EA that I have used for a long time, specializing in the fund accounts I manage for clients. The EA is
Sup 9 Martingale
Inrexea Limited
5 (1)
The S9M Trading Robot – a cutting-edge, fully automated 2nd generation InrexEA DB system by OpenEA. This innovative solution learns from XAUUSD market trends and incorporates the best aspects of the retired Ea YOLO Diamond Hands. Structure of InrexEA Database: Clients > InrexEA DB > OpenAI > InrexEA DB analysis > Clients  InrexEA DB is a cutting-edge database solution primarily built using the powerful Python programming language. It goes beyond the limitations of MQL4 and MQL5 codes to provide
TrendMaster FX MT4
Chen Jia Qi
4.88 (16)
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Launch promo! Only 2 copies left at current price! Next price: 1533 $ Final price: 1993$ Buy US30 Scalper and you could get Quantum Algo Trading or Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/use
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
Btcusd Grid
Ahmad Aan Isnain Shofwan
BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
Dark Algo
Marco Solito
4.75 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
FT Gold Robot MT4
Marzena Maria Szmit
4.4 (35)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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Introductory offer.  The EA has been built around the London Stock Exchange open and the currency pair GBP/JPY. 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 reversa
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Simmo17 2020.11.01 20:38 
 

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