The EA shows great potential in all three major market breakouts - Asian(Tokyo), European(London), and North American(NewYork). This EA is a sophisticated adaption of the widely used Breakout strategy and has numerous parameters for you to fine tune if you wish, or you can simply run the EA with its default values to begin with. Both back testing and live testing have concluded positively, so I am proud to be able to share this EA with you after a number of month's hard work.
The EA has been tested and optimised to take advantage of the 3 overlapping markets:
New York and London (USDGBP): between 8:00 am — 12:00 noon EST (EDT)
Sydney and Tokyo (AUDJPY): between 7:00 pm — 2:00 am EST (EDT)
London and Tokyo (GBPJPY): between 3:00 am — 4:00 am EST (EDT)
See my uploaded images for settings and times I run on for the UK timezone. You need to set the Start time and End time depending on the currency pair you use, and note the MT4 platform is your broker time. The broker I used was ICMarkets.
This breakout strategy could be optimised for other pairs in these markets but the default settings serve an example for GBPJPY, which works especially well when coupled with Martingale. USDGBP seems to be the best performing pair so far and the potential profits are included in the images!
One significant additional feature of this EA is that it includes an exiting option to accelerate profitability, if you have the ability to manage potentially higher risk. I have integrated a Martingale feature that can be manually switched on and off and again this has shown very positive results (see images for parameter settings and profits!). Couple the Martingale with this London Breakout strategy you are left with a much stronger opportunity to implement a powerful EA strategy to suit your own risk management. This EA also defaults to automatically close off any trades that are still running by the end of the evening if it is set to include Martingale mode. This is a feature designed to protect against too many consecutive losses, which is most important when running Martingale.
Independent EA verification included the scrutinising of trade management, such as ensuring sufficient funds and volume of trades etc. You, however, need to manage appropriate Lot sizing which is very important, of course. There is a trade off between profit and risk, of course. I set the default Lot size to 0.1 with the assumption of a £1,000 starting investment, or the equivalent of which ever currency you operate in. Always remember that you need to have a good risk management approach that relates chosen Lot size to current account balance, ensuring a manageable margin and drawdown. I have attached a screenshot of what works for me and I am running this live with good results. I would not let you invest your money into something I don't personally invest in myself. I have so far ran this EA for several weeks and have not seen the GBPJPY lose more than three times consecutively on this strategy. On that basis, and being conservative, you might want to consider what would happen if you had for example an extremely rare 5 consecutive losses.
With appropriate margin, you are able to run Martingale with more than one currency pair so long as you calculate to protect against the occasion that both currency pairs suffer consecutive losses simultaneously. This, of course, is a strategic decision that you have to make based on your funds and personal approach to the risk/reward ratio.
This EA works on price action and does not rely on indicators such as moving averages and so the install is very simple. I recommend the hourly chart for best visualisation of the EA in operation. Attached screen shots contain examples of both with and without Martingale. Please contact me if you have any queries.
This Expert Advisor is designed for mechanical (manual) trading strategies. Manual trading! Muholov: MULTI Likhovidov Folding rule automatically finds Likhovidov Folding rule pattern on 276 trading symbols (can be changed in the external settings) and on timeframes from М1 to W1 (8 in total) displaying appropriate comments with recommendations. Likhovidov Folding rule is a pattern consisting of three (or more) successively angle-wise segments representing support (if the price is rising) and res
Japanese candlestick analysis is one of the most used methods for determining a reversal or continuation of a trend. The Colored candles and patterns indicator can display the names of many famous candlestick patterns on the chart and signal when they appear. In addition, some candles, not being a specific model, have a strong tendency to continue the movement, or its turn. Using this indicator, you can see such candles - they are displayed in different colors. This indicator calculates the par
The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
Smart Robot MT4 is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic that managed and decided with robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA don't need any professional information or Forex Trading Knowledge. The EA works with low margin level and thus has low risk. This is Free Version and limitations is : Trade on EURJPY only with lot size
サポート線と抵抗線のプロットにうんざりしていませんか？ サポートレジスタンス は、非常に興味深いひねりを加えてチャート内のサポートとレジスタンスラインを自動検出およびプロットするマルチタイムフレームインジケーターです。価格レベルは時間とともにテストされ、その重要性が高まるにつれて、ラインは太くなり、暗くなります。 [ インストールガイド | 更新ガイド | トラブルシューティング | よくある質問 | すべての製品 ] 一晩でテクニカル分析を強化 チャートを閲覧せずに重要な価格レベルを検出 一目ですべての価格レベルの相対的な強さを認識する すべての取引で最大30時間のプロットラインを節約 インジケーターは、すべての価格レベルの年齢を表示します インジケーターは再描画されていません 過去および現在の価格レベルは近接によって崩壊し、現在の市場行動に合わせて調整されます。動作は、必ずしもピークではない場所に線が引かれます。 価格レベルは、時間とともに拒否されるにつれて、より暗く、より広くなります ノイズを避けるために、重要でない価格レベルは定期的にクリアされます カスタマイズ可能な時間枠の
The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag
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We have made the New Pin Bar Pointer faster, slimmer, and even more accurate. This is the brand new Pin Bar Pointer. A new indicator designed to work together with our other indicators to create an innovative and extremely accurate tool for investors. At heart, The Pin Bar Pointer 2, like its predecessor, is an indicator designed to find and show the most profitable pin bars, but that is not all... Pin Bar Pointer 2 Settings Proportion - equivalent of the tail as compared to the overall size.
Your friend when it comes to identifying strong trends. The algorithm used in this indicator takes input from the Parabolic Sar (PSar) and Supporting/Resistance levels. Helps you find best entry points for your trades after reaching a certain level, and easily identify where you can exit/re-enter your trades. This indicator can be used on all time frames and pairs. Features alert function. No need to set up the indicator. How to use: Simply attach to any chart. NB: Look for new trades when th
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It is an indicator for high quality scalper signals that can be used in any timeframe. The indicator has an alarm that can alert the trader to the trading starts, and has a proactive system that can be used to improve risk management and also to alert the trader in the trading starts. The indicator suggests only entry point and take profit, leaving the stop loss to the trader's discretion, its recommended at the last top or bottom, or at a point in accordance with the risk management. Importan
Vizzion is a fully automated scalping Expert Advisor that can be run successfully using GBPJPY currency pair at H1 timeframe. Very Important This Expert Advisor can not run with any EAs in the same account. As part of the money management plan, it calculates and monitors the Margin Level % and assumes that all open trades are created by it. If you want an Expert Advisor that trades in a daily basis, this EA is not for you because using this requires a patience to wait for a few days or weeks o
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The Daily Fibonacci Levels is an indicator designed for displaying the Fibonacci levels by days using horizontal lines. Displayed levels: +100% (high) +61,8% +38,2% +23,6% average = (high+low)/2 -23.6% -38.2% -61.8% -100% (low) The indicator provides the ability to specify the hour to consider the start of the day. This may be necessary if the dates on the server are changed during the trading session. Parameters StartHour — the hour for this indicator to consider as the start of a new day.
FDM Strategy is an Expert Advisor based on fractals and five dimension method. Five Dimensions expert system is developed based on a theory combining the Chaos Theory with the trading psychology and the effects that each has on the market movement. There is also an ADX (measuring trend strength with average directional movement index) used as a trading filter. Long and Short Trade Signals: If fractal to buy is above the Alligator's Teeth (red line), the pending Sell Stop order must be placed 1 p
The Trend PA indicator uses Price Action and its own filtering algorithm to determine the trend. This approach helps to accurately determine entry points and the current trend on any timeframe. The indicator uses its own algorithm for analyzing price changes and Price Action. Which gives you the advantage of recognizing, without delay, a new nascent trend with fewer false positives. Trend filtering conditions can be selected in the settings individually for your trading style. The indicator
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⭐⭐⭐⭐⭐ Speed magic New Lite Speed Magic New Full Difference of Lite version from Full: - trade is conducted only with a fixed minimum lot - trimmed profit Русскоязычное описание Telegram band Speed Magic .set files and expert settings Speed magic New - This is a completely new trading system to achieve the fastest possible profit . This is a mixture of one of the best time-tested trading systems with the addition of aggressive parameters and an aggressive hedging system. This is
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Universal Support and Resistance MT4 The " Universal Support and Resistance " draws three key levels of support and resistance levels based on special calculations by Fibonacci. Features The levels are drawn at 00:00 O'Clock of broker time. Works on all symbols. Works on all timeframes except Daily,Weekly and Monthly. Ability to Show/Hide each level, separately Input Parameters Loopback Days - the number of days to show the levels ====== High Impact SUP/RES ====== High Impact Sup/