JuanTraderFX First Hour Breakout DAX

DAX First Hour JuanTraderFX marks the range of the first Frankfurt hour on the DAX 40 and trades its breakout only in the direction of the opening gap.

HOW IT WORKS
1. The range: high and low of the first 60 minutes after the 9:00 Frankfurt open.
2. The gap: if the market opened above yesterday's close, it only buys. If it opened below, it only sells.
3. Stop orders: a stop order at the range high (buys) or low (sells), active for 2 hours. If the price is too close to the level, the robot watches it and enters at market when it is crossed.
4. Exit: stop at the other side of the range, no fixed target. The position is closed 3 hours after the open. One trade per day.

MT5 STRATEGY TESTER RESULTS (DAX 40, M1, 2021-2026, 1% risk, real broker costs)
- Profit factor 1.25 - 600 trades (about 126 per year, 2 to 3 per week).
- Max drawdown 7.7% - win rate 52.8% - 5 of 6 years positive.
Past results do not guarantee future results.

FEATURES
- Automatic server time (brokers with European or US daylight saving) and DST changes.
- Lot by % risk with margin, volume and minimum distance checks.
- Buys and sells, one trade per day, no martingale, no grid, no overnight positions.
- On-chart panel with the state of the day and the range drawn on the chart.
- Works on any symbol, but it is optimised and tested only on the DAX 40.

MAIN INPUTS
- RiesgoPorc: risk per trade in % of balance (0 = fixed lot).  LoteFijo: fixed lot.
- RiesgoMaxLoteMin: if the minimum lot risks more than this %, no trade that day.
- MinutosRango, MinutosOrdenes, MinutosSalida, FiltroHueco: strategy values.
- ModoHora: server time (automatic recommended).  Magico: magic number.

RECOMMENDATIONS
- DAX 40 one-minute chart, hedging or netting account.
- Start on demo with low risk (0.5-1%).

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