Calibre Triple Session MT4
- Experts
- Version: 1.1
- Activations: 5
Calibre Triple Session
Calibre Triple Session is an Expert Advisor for XAUUSD that combines three independent, rule-based strategies in one program:- Asia range breakout - New York range breakout - Trend following
Each strategy trades at a different time of day and uses its own filters, so the three rarely depend on the same market move. Each strategy can be enabled or disabled separately.
HOW IT WORKS
Asia Breakout The EA measures the high and low of the Asian session and places a pending order only in the direction of the trend filter. If the first breakout goes against the trend, the EA does not trade that session. Sessions with a range that is too wide compared to daily volatility are skipped. When the breakout candle closes, its volume is checked; if the breakout is weak, the trade is closed early.
New York Breakout The same structure is applied to the hour before the New York open. Here the breakout volume is compared with the same hour on previous days, which filters out the normal volume increase at the session open.
Trend Following H1 The EA waits for a pullback to a moving average in the direction of the larger trend, confirmed by the candle close and by volume. Each trade has a stop loss based on volatility, a trailing stop and a maximum holding time. There is no fixed take profit, so trends can run.
LIVE TRACK RECORD
https://www.mql5.com/en/signals/2359581POSITION MANAGEMENT
- Every position has a stop loss from the moment it is opened. - In the breakout strategies, the EA can add up to two extra positions when price moves against the entry (averaging) and one extra position when price moves in favour (pyramiding). All positions share the same stop loss and take profit. Maximum four positions per session. - When the target is reached with more than one position open, the extra positions are closed and the first position stays open with its stop loss moved to break-even and a trailing stop. - Breakout positions are closed at the end of the trading day (23:00 server time). Trend positions can stay open for up to 48 hours. - No martingale and no grid. Lot size never increases after a loss.
Please note: averaging increases the loss when the stop loss is hit with several positions open. Averaging and pyramiding can be switched off in the inputs.
RISK CONTROLS
- Daily loss limit as a percentage of balance. When it is reached, all positions of this EA are closed and trading pauses until the next day. - Maximum spread filter. - No trading on Christmas and New Year. - Margin, volume and stop level checks before every order.
RECOMMENDATIONS
- Symbol: XAUUSD. The strategies were developed and tested on gold. - Timeframe: any. The EA reads M15, H1 and D1 data by itself. Attach it to one chart only. - Account type: hedging account recommended. - Deposit: 2,000 USD or more for the Medium risk preset (0.01 lot per 2,000 USD of balance). Use the Low preset for a more conservative approach. - Broker: low spread account. Brokers with GMT+2/GMT+3 server time are detected automatically; for other brokers, set the manual server time shift. - A VPS is recommended so the EA can manage positions and close them at the end of the session. - Testing: use the "Every tick based on real ticks" mode in the Strategy Tester. Results depend on the broker's price data.
INPUT PARAMETERS
Strategies - Asia Breakout / New York Breakout / Trend Following H1: enable or disable each strategy.
Position size - Lot mode: risk preset (lot grows with balance) or fixed lot. - Risk preset: Low (0.01 lot per 4,000), Medium (0.01 lot per 2,000), High (0.01 lot per 1,000). - Fixed lot: lot size used when Lot mode is set to fixed lot.
Breakout options - Averaging and pyramiding on/off for the Asia and New York strategies.
Protection - Max spread (points). - Daily loss limit (% of balance, 0 = off). - Skip Christmas and New Year.
Server time - Detect broker server time automatically. - Manual shift in hours, used when automatic detection is off.
Other - Magic number base. - Show info panel.
SUPPORT
For questions or setup help, please send a private message through MQL5 or leave a comment on this product page.
RISK WARNING
Trading gold and forex carries a high level of risk and may not be suitable for all investors. Past performance, including backtest results, does not guarantee future results. Test the EA on a demo account before using it on a live account.
