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Open Market Breakout Pro

Download demo: 2

Publicado: 29 março 2024

Versão atual: 1.2

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Open Market Breakout Pro

Experts
Lorenzo Mancuso
Versão: 1.2
Atualizado: 19 abril 2024
Ativações: 5

Expert Advisor: OpenMarketBreakout

Preferred Timeframe: H1. This is not hardcoded, try out your own strategy.

General Description: The OpenMarketBreakout Expert Advisor is a powerful tool designed to capitalize on market breakouts during specific timeframes. This EA employs a sophisticated algorithm to identify opportune moments for initiating trades, focusing on breakouts from local high and low points. By harnessing this strategy, traders can potentially capture significant market movements and optimize their trading performance.

Disclaimer: It's important for traders to use strategies that include both winning and losing trades, rather than chasing after unrealistic promises of huge profits. No strategy can guarantee constant success, so it's crucial to manage risks wisely. In essence, success in trading isn't about chasing mythical "holy grails" but about using robust strategies like OpenMarketBreakout that focus on sustainable growth and prudent risk management. With this expert advisor, traders can approach the markets with clarity, knowing that their trading decisions are grounded in a strategy designed for long-term success.

About the autor: Lorenzo Mancuso is a seasoned professional in computer science, specializing in artificial intelligence and engineering. With a master's degree in computer science and over a decade of experience, he has played pivotal roles in leading fintech companies in Europe. His expertise lies in designing and implementing robust and scalable software. Leveraging his skills, this EA offers traders a reliable tool backed by years of industry experience and innovation. Traders can trust in the reliability and effectiveness of this expert advisor for navigating the financial markets with confidence.

Key Features:

Breakout Strategy: The EA specializes in identifying breakout opportunities, leveraging market dynamics to enter trades at optimal moments.
Customizable Parameters: Users have the flexibility to tailor the EA to their preferences through adjustable parameters, including stop loss, take profit, trailing stop, and more.
Automatic and Fixed Lot Sizing: Choose between automatic lot sizing based on account balance or fixed lot sizes for precise risk management.
Intelligent Order Management: The EA intelligently manages orders, including the option to close opposite pending orders and apply trailing stop functionality.
Time-Based Execution: Trades are executed at specific time intervals, allowing traders to align their strategies with market openings and closings.

Parameters:

Profit Settings:
- Stop Loss: Set the desired stop loss level for trades (in points. 30 pips = 300). If set to 0, the EA will automatically set the value to the local peak.
- Take Profit: Determine the take profit target for maximizing gains (in points. 30 pips = 300). If set to 0, the EA will automatically use the Profit Factor parameter.
- Trailing Stop: Enable trailing stop functionality to secure profits while allowing for potential further gains (in points. 30 pips = 300). If set to 0, the EA will automatically use the Profit Factor parameter.
- Profit Mode: Choose between fixed profit targets or dynamic trailing stop strategies.
- Profit Factor: Useful to setup automatically the profit settings.
- Price Mode: Select the reference price for pending order entry. Can be the current market price (Ask/Bid) or the Local Peak.
- Bars Buffer: Define the range of bars used to identify local high and low points (Local Peaks).
- Margin: Specify the additional distance from entry price to set orders. This could be useful to protect you from false signals
Trade Settings:
- Max Trades: Limit the maximum number of concurrent trades for the given symbol (both pending and open).
- Expiration Hours: Set the duration (in hours) for pending orders before expiration.
- Lot Mode: Choose between automatic lot sizing or fixed lot sizes.
- Amount Per Lot: Determine the account balance multiplier for automatic lot sizing. Eg: amountPerLot=100, balance=1000, lotSize=1000/100*0,01 = 0,1
- Lot: Set fixed lot size if applicable.
- Close Opposite: Enable/disable the closure of opposite pending orders when one is triggered.
Algorithm Settings:
- Open UTC Hour: Define the hour for initiating trades.
- Order Close UTC Hour: Set the hour for closing orders.
- Magic Number: Assign a unique identifier for tracking EA transactions in MT4.

Setup: To utilize the OpenMarketBreakout EA, simply attach it to your MetaTrader 4 chart and configure the desired parameters according to your trading preferences. Once set up, the EA will automatically execute trades based on the specified parameters and market conditions.

Backtesting: Prior to live trading, it is recommended to conduct thorough backtesting to evaluate the performance of the EA under various market conditions. Backtesting allows traders to assess the effectiveness of the strategy and fine-tune parameters for optimal results.

Experience the power of market breakouts with the OpenMarketBreakout Expert Advisor and unlock new opportunities for trading success.

For further inquiries or assistance, feel free to reach out to the developer.

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Launch promo! Only a few copies left at 499$! Next price: 599$ Final price: 999$ Live signal: https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5: https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit: https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates: https://www.mql5.com/en/users/lothimailoan/news O US30 Scalper EA é um robô de scalping de últi

453 USD

Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, .... All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected sy

1 000 USD

" Nibelung " is an advanced trading bot created for modern Forex traders. This innovative tool is a reliable assistant for anyone seeking efficient and automated trading. The bot uses pending orders as one of the main elements of its algorithm. Pending orders are placed at a certain distance from the current price and are triggered only when the price reaches a specified level. In addition, when the price moves, trailing pending orders is activated. Once the order becomes market, the bot auto

1 299 USD

Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult

2 000 USD

PROMOÇÃO DE LANÇAMENTO: APENAS 34 9 $ em vez de 990$! Restam apenas alguns exemplares com esse preço promocional! Não deixe de conferir nosso " pacote combo Ultimate EA " em nosso blog promocional ! JOIN PUBLIC GROUP: Click here Resultados ao vivo de baixo risco Resultados ao vivo de alto risco Bem-vindo ao STABILITY PRO : um dos sistemas de rede mais avançados, estáveis e de baixo risco do mercado! Este EA foi testado ao longo de todo o histórico disponível dos pares fore

449 USD

Turbo PIPs EA is a smart trend detector robot using advanced mathematical and statistical theories. The entry filters have powerful and advanced corrections on the entry points. All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected symbols and timeframe automatically. So using the EA is easy for all traders. Only some major settings are added to the EA input parameters. MT5 Version : Dow

700 USD

Estatísticas de uma conta real desde 2020 Backtest dos últimos 13 anos Estratégia de baixo rebaixamento Algoritmo multimoeda Compatível com qualquer corretora Sistema comprovado de controle de rebaixamento Negociando em uma conta real desde 2020 : Clique aqui Negociação em USDCAD, EURGBP, GBPUSD, EURUSD: Clique aqui Negociação em EURGBP: Clique aqui Negociação em GBPUSD: Clique aqui Backtests completos do FXMachine EA disponíveis para download aqui: Clique aqui Sobre nós: O

985 USD

71% discount for the next 5 buyers (original price $9000): 1 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t

2 560 USD

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

699 USD

Expert Advisor : Golden Ace Timeframe: H1. General Description: GoldenAce is an Expert Advisor (EA) that optimize support and resitances breakout trading strategies for the XAUUSD pair. Employing innovative trailing stop mechanisms and tailored trade settings, GoldenAce capitalizes on market dynamics while minimizing risks. GoldenAce represents a sophisticated yet accessible tool for traders seeking consistent returns in the dynamic world of Gold trading. Key Features: Dynamic Trailing St

399 USD

Expert Advisor: BladeRunner Preferred Timeframe : D1. This is not hardcoded, try out your own strategy. General Description : The Blade Runner strategy in forex trading aims to identify and capitalize on potential price reversals by utilizing exponential moving averages (EMAs). Named after the iconic sci-fi film, this strategy involves monitoring multiple EMAs to gauge market momentum and direction. When certain conditions are met, such as the price interacting from above or below specific

399 USD

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Versão 1.2 2024.04.19

Improve accuracy in closing orders

Versão 1.1 2024.04.18

Improve trailing stop function