NY Opening Pending EA forex

This program works only on forex currencies, at New York Stock Exchange opening time (16:30) but opening time CAN BE SET as you want and automatically manage for each opening Trailing Stop Loss and BreakEven (if set). It is based on NY opening physiological movements of currencies quotes by putting pendants orders at defined (Gap) distance.
It has an automatic recovery system in case the first trade gone in loss. It is possible to decide which multiply factor to use for the recover, thus it is advisable to use 2x as default setting.

Please note that this product is not suitable for testing with Strategy Tester but results have to be checked in real time

Put the EA on an appropriate forex chart at timeframe M1. Activate the EA and set the following paramters:

(All price values differences are in points)

Size position...................................................   size to open
MaxSlippage....................................................  max slippage to open
MultiFactorRecovery .........................................  recover multiply factor for 1st pos in loss
Gap .............................................................  inital price distance to put pendants
TP ............................................................... absolute take profit 
SL ...............................................................  absolute initial stop loss
Trailing ......................................................... true=trailing stop activated, false=deactivated
TrailingStop .................................................... initial trailing stop activation distance
TrailingStep .................................................... trailing distance for moving stop loss
PendingHourTime ............................................. NYSE opening hour (broker time)
PendingMinuteTime ........................................... NYSE opening minutes (broker time)
GraceMinutes .................................................. min.after remaining opposite pending removed
CloseAllPending ............................................... hour of day after all remaining pending removed
RecoveryType .................................................. based on Stop loss or on Trailing Gap
BreakEvenPoints .............................................. distance for profit order after put on breakeven
Magic ........................................................... magic number (use for each chart a different one)



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5 (1)
The quintessence of a comprehensive approach, whose main goal is long-term and realistic earnings with minimal risks for the trader. The foundation consists of advanced trading concepts combined with machine learning, which effectively enhance each other. Another unique feature is that the system does not require optimization, as this function is delegated to my servers. The system implements conservative and long-term trading with minimal drawdowns and extended position holding. TRY FOR FREE .
Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My community of over 15,000 members on MQL5 . ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL  IC Markets:  https://www.mql5.com/en/signals/2321981 AI Indices Scalper   leverages   GPT-4o   for NASDAQ100 (USTEC) trading, deploying a   Transformer-based neural architecture   to execute precision breakout scalping. The system integrates: Cross-Market Inte
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This program works only on indexes, better US indexes like US30, US100 (USTEC), US500 (SP500) at New York Stock Exchange opening time (16:30) and automatically manage for each opening Trailing Stop Loss and BreakEven (if set). It is based on NY opening physiological movements of indexes quotes by putting pendants orders at defined (Gap) distance. It has an automatic recovery system in case the first trade gone in loss. It is possible to decide which multiply factor to use for the recover, thus i
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