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USOpen Break Out MT4

The USOpen breakout strategy is executed at 3pm (GMT+2) and is ideal for extremely short-term and short-term trading, as this is when liquidity and trading volumes for USD-related currency pairs are higher, and there are more trading opportunities in volatile markets.

Using proprietary algorithms to calculate momentum data for the current market conditions, Buy Stop and Sell Stop orders are placed at the high and low points of the range box. When a one-sided market triggers the order, the opposite order is immediately cancelled, providing many profitable opportunities based on market activity and volatility.

Note: "Buy Stop" and "Sell Stop" are forex-related terms used to describe pending orders that are placed to buy or sell a currency pair at a price above or below the current market price, respectively. "Momentum" refers to the rate of change in a currency pair's price over time, and "range box" refers to a trading range or price level within which a currency pair has been moving for a period of time.

When the price breaks through a key resistance level, it triggers a buy/sell order, allowing participation in the upward/downward trend, and enabling quick entry at the price breakout for the potential to achieve higher profits.

  1. When the first trade reaches a profit of half its position, trigger a trailing stop-loss, and set a breakeven stop loss for the second trade.
  2. When the second trade reaches a profit level, trigger a trailing stop-loss.

Currency pairs & Timeframes

This strategy is trained to learn the historical market trends of USD-related currency pairs, with the main applied currency pairs being USDJPY, USDCAD, and EURUSD. However, you can test and experiment with other USD-related currency pairs at any time.
The strategy mainly seeks momentum breakout opportunities for trading during the US market opening session, with the primary applied time frame being M1. You can use charts of any time frame for testing and experimentation.


System Setting

  • Filter_TimeFrame : Time frame for calculating range momentum
  • Open_Hour : Order placement time - hours (-1: Automatic calculation of US market opening time, automatic adjustment for daylight saving time)
  • Open_Min : Order placement time - mins
  • SR_Priod : Period for calculating range momentum
  • serverTimeZone : GMT (Broker)
  • Delete_Order_Min : If the order is overdue, delete the pending order a few minutes after the opening time
  • SR_Shift (point) : Offset of the range high and low points


Trade Setting

  • Default_Balance : Setting the initial capital for calculating lot size
  • Set_Auto_Balance : Enable dynamic capital (account balance)
  • Default_lot_Size : Setting order lot size
  • Set_Auto_Lot_Size : Enable dynamic lot size (automatically convert order lot size based on available capital)
  • Loss_Percent : Maximum loss ratio of capital (Ex: 0.01 => 1%)
  • Limit_Balance : Capital limit (placing orders, account balance must be greater than this amount)
  • Profit_Mutiple : Profit multiplier
  • Trailing_Stop_Unit : Trailing stop distance
  • Locked_Minimum_Profit : Setting the first order to activate break-even stop loss




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5 (19)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
AW Recovery EA
AW Trading Software Limited
4.33 (70)
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
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 .
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
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The USOpen breakout strategy is executed at 3pm (GMT+2) and is ideal for extremely short-term and short-term trading, as this is when liquidity and trading volumes for USD-related currency pairs are higher, and there are more trading opportunities in volatile markets. Using proprietary algorithms to calculate momentum data for the current market conditions, Buy Stop and Sell Stop orders are placed at the high and low points of the range box. When a one-sided market triggers the order, the opp
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