NY Session Breakout
- Experts
- Version: 1.6
- Activations: 20
NY Session Breakout PRO trades the New York opening range on Gold.
One setup per day. Every trade carries a real stop loss. THIS IS NOT A CRAZY MONEY MACHINE BUT THIS IS A ROBUST, STABLE AND STEADY EA WITH ALL TIME.
-- HOW IT WORKS --
The first hour of the New York session sets the tone for the rest of the day.
Institutions execute their opening flow, and the high and low of that hour -
the Initial Balance - become the reference levels traders watch all day.
The EA measures that range, then waits. When price breaks one side of it,
the EA does not chase the move. Instead it places a limit order back inside
the range, waiting for the pullback that so often follows a first break.
If the pullback never comes, no trade is taken that day.
Stop loss sits at the opposite edge of the range - a level the market must
genuinely invalidate. Take profit is a modest, realistic distance beyond the
broken edge, the kind of target price reaches on most days that trend.
Everything is closed before the session ends. No position is ever held overnight.
-- WHAT THIS EA DOES NOT DO --
No grid. No martingale. No averaging down. No hedging.
No hidden or virtual stops - every position carries a real stop loss
registered on the broker server from the moment it opens.
The EA opens at most one position per day.
-- RISK PROTECTION --
Two hard brakes stop new trades automatically:
- Daily loss limit - default 5% of your starting balance
- Total drawdown limit - default 12% of your starting balance
Both anchors are stored on the terminal and survive a restart, so a reboot
in the middle of a losing day cannot silently reset your protection.
-- MONEY MANAGEMENT --
Two straightforward modes, no hidden risk multipliers:
Fixed lot - the same lot size on every trade
Auto lot - lot scales with account balance (e.g. 0.01 per 1000)
-- RECOMMENDATIONS --
Symbol XAUUSD
Timeframe Any - H1, M5
Minimum deposit 500 USD at 0.01 lot
Account type ECN / Raw spread
Leverage 1:100 or higher
VPS Strongly recommended - the EA trades a fixed time window
