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London Breakout MT5

5

London Breakout MT5

is the low-risk and low-priced Breakout Expert that trades morning session breakouts of GBPUSD, here offered by the original developer. 

Watch this video before you intend to buy a Breakout Expert Advisor: https://www.youtube.com/watch?v=c0UwKrWnoEE&t=2s 

Compare current performance with top rated, high priced experts here: https://www.mql5.com/en/blogs/post/757139

Life signal (shows all current life trades without any delay): https://www.mql5.com/en/signals/2190019

By default two stop orders are placed per session. The onscreen panel provides a detailed overall view about system and market status. Furthermore, it includes buttons for active Traders to place additional sessions and/or market orders manually at any time as mechanical experts are not able to catch every further promising trading opportunity during the day's market movement. 

Unlike experts that use Martingale or Grid strategies, London Breakout MT5 doesn't use such strategies and protects its trades by setting fixed stoploss and in addition, possible drawdowns become limited by the build-in recovery function that balances profitable positions with lower loss positions. Profits are taken by virtual trailing and starts at the preset of "Profit Trail Activation" level or higher if indicator-controlled value exceeds the preset.

The expert is spread- and latency-sensitive. Therefore, it is highly recommended to choose Hedge ECN-accounts of types "RAW" or "Razor" with reliable Brokers like IC Markets, FP Markets, Tickmill, … However, standard accounts are not recommended for their huge spreads! 

The build-in News-Reader/-Trader allows to quickly inform on chart about the coming news events and offers setup of trading pauses to start before news of high market impact. It is highly recommended to use this feature as breakout strategies sometimes will fail if the broker doesn’t fill the order at the predetermined price or huge spreads because of extremely high demand. Especially interest rating decisions and Nonfarm Products releases. Furthermore, for continuously operation the expert should become installed on an VPS with locations of low latency like for example New York or London.

Installation is done on the GBPUSD chart whereby the chosen timeframe doesn't matter and even can be changed at any time of the expert's operation status without to affect it. Furthermore, the expert regards only trades of the same Magic Number and Symbol. Therefore, manually entered trades should be entered by the Panel buttons "BUY"/"SELL", if become included in the expert's calculations. 

Session opening takes place at GMT hour and does not be needed to adjust. All other trading time settings are taken from the accounts broker server time. For convenience the GMT-hour is displayed beside the server-hour on the Onscreen Panel.   

TIP: Backtest in visual tester mode allows to operate the Expert just like in life trading if in the Settings "Display Panel in visual Tester Mode" was set to "true". All the buttons can be utilized. To utilize the News Reader data in visual tester mode, please ask for my special free Script tool that prepares the news data for Backtesting. 

Features Overview

  • Currency pair GBPUSD
  • Works in any time frame
  • After server restart/fault or expert update contiunes operation of open trades frictionless
  • Adding of further order sets repeatedly manually at any time
  • Trades with Stop-Loss protection
  • Recovery mode optional
  • Virtual trailing stop and trailing take profit
  • Broker big slippage and big spread protection 
  • Breakeven recurring touch protection (see screenshot)
  • Money Management with Auto-Volume adaption
  • News Event Calendar with News-filtered Trading pause optional
  • Auto/Manual GMT adjustment
  • Onscreen Panel with status information/messages and buttons for manually:
    • Opening of new stop order set at any time manually
    • Placing Buy/Sell market orders
    • Closing open orders
    • Show/hide News Event Calendar
    • Show/hide Onscreen-Panel by clicking its headline or pushing key ‘s’

>>> For detailed setup and installation instructions: https://www.mql5.com/en/blogs/post/756029

>>> Tips for choosing the right broker and VPS provider: 

-> By renting the product previously and purchasing later, the rental amount becomes refunded. 





리뷰 1
Ocean
339
Ocean 2024.02.13 19:00 
 

Professionally programmed EA, high attention to safety, perfect panel with manual trade and pending orders, News panel. Excellent communication

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4.85 (242)
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Profalgo Limited
4.8 (30)
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Chen Jia Qi
5 (6)
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4.56 (18)
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Bogdan Ion Puscasu
4.9 (71)
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4.55 (22)
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Babak Alamdar
4.71 (14)
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Chen Jia Qi
4.63 (84)
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Gregory Hay
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Profalgo Limited
4.5 (10)
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Bogdan Ion Puscasu
4.79 (138)
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Guillaume Duportal
4.92 (38)
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AI NeuroX EA
Denis Kurnev
4.5 (14)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Scalper Deriv
Antonio Simon Del Vecchio
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DOW King
Anton Kondratev
5 (1)
DOW KING EA   I   는       모든 개방형 최적화 매개변수와   복구 메커니즘을 갖춘 완전 자동 액세스 가능 시스템. Only 4 Copies of 10 Left  for 345 $ Next Price 799 $  DOW 킹 가이드 신호 커미션 브로커 환불 업데이트 내 블로그 Not        Grid       , Not        Martingale       , Not         AI         , Not         Neural Network. Default Settings for One chart        US30 M15 각 포지션에는 항상       고정 SL 및 TP       그리고       가상       거래 이익 추적(VDPT)   .     현재 기본 설정은 2020년 12월부터 오늘까지 모든 실제 MT5 견적을 고려하여 최적화되었습니다. ICM RAW 시스템       선택적으로 위치를 복원합니다.       거래 수를
Dark Algo MT5
Marco Solito
5 (40)
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 m
XAUUSD(GOLD) 쌍의 활발한 트레이더인 GoldEnergy Advisors에 오신 것을 환영합니다. 우리 팀에서 개발했으며 일반 계정, 자체 자금 조달 계정 및 자체 지시 작업에 사용할 수 있습니다. HFT를 사용하지 마십시오. See all products here:     https://www.mql5.com/en/users/fxmanagedforexltd/seller ***이전 버전 가격*** $1,000 계정의 실시간 평균 월 수익은 30%가 넘습니다   . :   https://www.mql5.com/es/signals/2212389 GoldEnergy 시스템은 MT5 플랫폼에서 1분 및 5분 기간 차트를 사용합니다. 백테스팅은 댓글 섹션(   https://www.mql5.com/en/market/product/116331   ?source=Site +Market+My+Products+Page#!tab=comments)에서 확인할 수 있습니다. 전문가들은 유럽 세션
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Lachezar Krastev
4.88 (49)
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
제작자의 제품 더 보기
Night Worker MT5 is a low-risk multi-currency Expert Advisor, particularly suitable for risk-averse users, that does not use risky recovery strategies such as Martingale or Grid. Due to tightly limited stop-loss values, the profit curve naturally does not move upwards like a straight line and without fluctuations. On the other hand, there is also no risk of a deeper draw-down, as inevitably occurs sooner or later with the strategies mentioned above, and those in some cases can lead to a total
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5 (1)
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Edgar Elsner
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Mount Gold EA MT5 is based on combinations of classic indicators that include trend following as well as oversold/overbought strategies for trading the XAUUSD pair and is suitable to trade on Prop firms account. It includes furthermore a powerful flexible configurable recovery mechanism as well as the option to place and close orders manually. For active Traders it makes it even more flexible for trading of further instruments than XAUUSD. All the trade entries and exits are provided by virtual
TRADECOPY MASTER MT5 Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before ending up in profit (or in loss finally...).   Improvement of profits (and limit losses) by additional controlling of trades that your experts on the TradeCopy Master part have been opened can be
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Golden Tea Time MT5 is based on a classic, popular breakout strategy and does not use martingale or grid mechanisms. Golden Tea Time MT5 only opens a pair of stop orders every day at leisurely English tea time, after possible market-moving news has already faded away. Once an order becomes a market order, the remaining stop order is deleted. However, the risk of a losing trade cannot be ruled out and is then limited to just $5/0.01 lot. In this case, the following day's trading can be assigned
TRADECOPY MASTER MT4 Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before ending up in profit (or in loss finally...).   Improvement of profits (and limit losses) by additional controlling of trades that your experts on the TradeCopy Master part have been opened can b
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Gain Guard MT4 secures the profits of all or selected trades on one terminal or on several terminals with the same account number. The selection can be configured according to Magic numbers and/or symbols, so that the Magic numbers and/or symbols that are not selected remain unconsidered. What is it useful for? For example, when several experts trade on one terminal and manual trading also takes place. Experts have different strategies and SL/TP. In particular, some experts let the trades run
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Gain Guard MT5 secures the profits of all or selected trades on one terminal or on several terminals with the same account number. The selection can be configured according to Magic numbers and/or symbols, so that the Magic numbers and/or symbols that are not selected remain unconsidered. What is it useful for? For example, when several experts trade on one terminal and manual trading also takes place. Experts have different strategies and SL/TP. In particular, some experts let the trades run
FREE
Triangle patterns are chart formations that signal a possible breakout in either direction. In the case of symmetrical triangles, the probability of a breakout to the upside or downside is about 50%. For more detailed information, I recommend the numerous publications on the Internet on this subject. What is special about this indicator is that it can be integrated into your own MT4 applications, such as scripts, Expert Advisers, etc. using the implemented indicator buffer via the iCustom() func
Easy Open and manage your orders and positions – Calculate risk and lot size – Build your expert adviser from the integrated indicators – Trail your profits in various ways Key Features: Virtual Trading Lines: free changeable in any direction to build resistance, support, channels, triangles,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracket Order Virtual Profit Trailing Strategies: Static, Percent, Exponential, Scaling up, Scaling down, Fifo, Bulk, Bollinger Ch
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Symmetric Triangle Dashboard MT4  is a matrix that was designed to monitor any standard and/or custom indicator as well as symmetrc triangle patterns by any symbol-timeframe combination to be alerted if the desired contition is met. Furthermore by simply clicking on the selected signal, the refering chart becomes opened including the assigned indicator template if there was designed one.   In "Custom" mode, user can add any indicator to scan its up to 7 timeframes per symbol to for example, get
This indicator was developed by me, based on my experiences during my long term daily trading. It allows to get an excellent and compact overview about the current market situation without to have to monitor multiple charts. The default settings are widely used by traders. For example on sites like forexlive.com:  https://www.forexlive.com/technical-analysis Features: The Moving Average Swiss Knife-like indicator for Daytraders Allows to setup of up to seven different MAs (MA and DEMA) to use on
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Edgar Elsner
4 (1)
Triangle patterns are chart formations that signal a possible breakout in either direction. In the case of symmetrical triangles, the probability of a breakout to the upside or downside is about 50%. For more detailed information, I recommend the numerous publications on the Internet on this subject. What is special about this indicator is that it can be integrated into your own MT5 applications, such as scripts, Expert Advisers, etc. using the implemented indicator buffer via the iCustom() func
Symmetric Triangle Dashboard MT5  is a matrix that was designed to monitor any standard and/or custom indicator as well as symmetrc triangle patterns by any symbol-timeframe combination to be alerted if the desired contition is met. Furthermore by simply clicking on the selected signal, the refering chart becomes opened including the assigned indicator template if there was designed one.   In "Custom" mode, user can add any indicator to scan its up to 7 timeframes per symbol to for example, get
Traders Swiss Knife MT5 operates and manages your trades at your fingertips – auto calculates risk and lot size – builds expert advisers from integrated indicators – trails your profits in various modes. Key Features: Virtual Trading Lines: free changeable in any direction or auto-placed by ZigZag indicator to build resistance, support, channels, triangles, wedges,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracket Orders Virtual Profit Trailing Strategies: Stat
TRADECOPY CLIENT MT5 Over the years I developed  TradeCopy MT4/MT5  for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before end up in profit (or in loss finally...).   To improve the profits and avoid possible drawdowns of trades that have been opened by the accounts that are running the TradeCopy Master MT4/MT5 was
Rescue Trader MT5 Rescue Trader isn't a Grid or Martingale Expert as each single trade is protected by fixed stoploss. Adding of new trades to existing trades are always entered on indicator pattern entry and not simple on fixed distances like Grid-/Matingale-Systems usually work. For additional protection, its drawdown recovery algorithmus closes particular trades that are profitable while at the same time closes older loosing trades in the way that in total that bulk closes in profit. Howev
필터:
Ocean
339
Ocean 2024.02.13 19:00 
 

Professionally programmed EA, high attention to safety, perfect panel with manual trade and pending orders, News panel. Excellent communication

리뷰 답변
버전 1.63 2024.03.30
- Reduced count of repeated log messages
버전 1.62 2024.03.29
- Minor bug fixes
버전 1.61 2024.03.28
- Added protection against possible Rollover close positions in drawdown because of big spread after the market reopen,
if currently virtual traling stop is actively trailing
- Added tolerance for GMT entry time if the broker failed to deliver ticks at the requested time
버전 1.59 2024.03.26
- Minor code optimizations to recuce CPU utilization
버전 1.58 2024.03.21
- Added protection when timeserver.com is temporarily unavailable in Auto-GMT mode. (Does not affect trading operation.)
- News messages that are wider than the news window reformatted.
- Minor bug fixes
버전 1.56 2024.03.18
-Changed on Panel displayed current time to local time from former server time
-Fixed an issue where some parameters displayed on the panel hadn't been updated in advance if the market time was off (weekends)
버전 1.54 2024.03.10
Minor changes in News Event function
버전 1.52 2024.02.29
Fixed an issue where disabling of manually Buy/Sell orders via onscreen panel buttons wasn't aviable. Therefore, if a new set was opened, always both trading directions had been set.
버전 1.50 2024.02.22
Code modified to more tolerance if in rare cases different servers are having slightly different ticks.
버전 1.49 2024.02.22
Changed opening of manual order set:
Now, if the current candle's open/close is inbetween its high/low and its high or low is greater/lower than the past candles inside the trading box, orders become opened at its high or low instead at the previous candle as before in V1.48. This offers more oportunities to reenter order sets.
Fixed an issue where the history profit was calculated slightly different.
버전 1.48 2024.02.19
Fixed issue where displaying of current time was disabled on Onscreen Panel
버전 1.47 2024.02.16
Minor bug fixes
버전 1.46 2024.02.16
Further drawdown protection enhancements
Minor bug fixes
버전 1.44 2024.02.08
Minor bug fixes
버전 1.43 2024.02.07
Added new Feature "Breakeven Recurring Touch Protection" to avoid deeper drawdowns after the price could not break through after several attemts. If the feature is enabled, the trade become closed with a small loss or small profit.
버전 1.42 2024.02.05
Code optimized
Setting parameters adjusted (If previous version becomes updated, please reset the settings to default and enter your individual changed parameters after that.)
Minor bug fixes
버전 1.40 2024.01.28
Performance improved and possible drawdown reduced
Minor bug fixes
버전 1.36 2024.01.24
Added optional protection against big broker slippage.
How it works:
Big slippage means that the broker doesn't send your pending stop order to market at the preset price but moves it much further against your desired entry price and send it to market with big delay. At that point the price often unpredictable pulls back and possible results a bigger drawdown.
When something like this occurs and the Slippage Protection is activated, the opened market position becomes closed immediately with a negligible loss and therefore prevents against a possible huge drawdown.
버전 1.35 2024.01.22
Optimized Spread protection and reduced max. Spread settings to 20 points from former 50 points
Minor bug fixes
버전 1.34 2024.01.19
Event calendar optimized
Minor bug fixes
버전 1.33 2024.01.18
Minor bug fixes
버전 1.31 2024.01.17
Fixed an issue with GMT calculation
Added On-/Off-Button to News Reader panel for displaying past news preset in hours in settings page
버전 1.30 2024.01.17
Added News Reader with switchable News Timer to enable/disable Trading during news with expexted high market impact
Added Auto GMT detection
버전 1.24 2024.01.10
Further improvement of performance and profit
버전 1.23 2024.01.08
Fixed an issue where manually opening of stop order session didn't apply
버전 1.22 2024.01.08
Minor bug fixes and code speed optimization