GbpJpy Daily

Introduction:

This EA comes from my recent observation and trading of GBP / JPY. In daily trading, I found that the trend of GBP / JPY has certain rules, and the probability is relatively large, which has a good profit and loss ratio.
This EA is very simple, even beginners can easily understand.
In 1 trading day, get the highest and lowest price in the first 4 hours of the day. In the rest of this day, if the price breaks above the highest price or below the lowest price, go long or short according to the trend.
In the day, if it exceeds a certain time point, the pending orders will be cancelled, and the entered order will not be affected.
About stop loss, you need to manually set the stop loss point, or you can use the default value of this EA.
About take profit, it is based on the difference between the highest and lowest prices calculated:
For example, for the first 4 hours of a day, the highest price is 143.40 and the lowest price is 143.00. For a buy order, TP price is 143.80, and 142.60 for sell order.
About order close, at the end of the day, if the order is still in, this EA will automatically close this order at current price.



Settings:

Lot - Order lot.
Set Static Stop Loss (pips) - Self defined stop loss
Magic Number for Buy order - Magic number of buy order (default)
Magic Number for Sell order - Magic number of sell order (default)
Slippage - Order Slippage when opening an order. (default)
Comment - Comment of order.



Points for attention:

    1. This EA may be profitiable in short term, but it does not mean that it can be profitable in long term.
    2. You can also apply this EA to other currency pairs or commodities, and the algorithm remains unchanged.
    


Risk tips:

You acknowledge and understand there is a significant degree of risk involved in trading securities, especially in Forex / stock / commodity trading with leverage. Please be cautious.
Any performance results in this EA represents past performance, not a guarantee of future performance, and is not indicative of any specific investment.
This EA is for reference only . I have no right or obligation to any profit or loss caused by this EA.
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Session Breakout PRO is a professional Breakout EA designed for automated Forex trading and built around the classic Session Breakout strategy. The EA supports multiple trading sessions, including the London Breakout and Asian Session Breakout, and combines advanced signal filtering, adaptive risk management, and modern risk-control tools. Its flexible configuration system allows traders to adapt the strategy to different currency pairs, CFDs, indices, metals, and other financial instruments, as
Loophole System MT4
Connor Michael Woodson
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Experts
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
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Lachezar Krastev
4.39 (51)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
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5 (1)
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Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
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