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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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Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario

1 399 USD

Darwin Evolution !! 1490 USD para 990 USD Tempo Limitado (Oferta válido até a chegada da próxima atualização, não perca tempo) !!! Você não pode fazer o backtest deste EA, porque o MT4 não lida com os multi-pares simultâneos. Darwin precisa dos 28 pares para o cálculo dos indicadores !! Descrições: - Para entender a operação, venha ler o blog (este EA reflete minha filosofia de negociação forex ... se você gosta do meu caminho para ver as coisas, então você vai gostar do meu EA. Ap

999 USD

Welcome to the world of innovative and efficient gold trading with GoldPro - an advanced trading robot specifically designed to help you achieve success in the Gold market. The advisor uses the averaging technique, you should perceive this not as good or bad, but as an approach that works in the market, discarding the unipolar belief that one method is good and the other is bad, it exists and can be successfully applied, this is a fact. Reliability and Experience: GoldPro is the result of c

490 USD

Promoção de lançamento: DESCONTO DE 50%! Restam apenas algumas cópias por $493! Próximo preço: $593 Live signal: https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller MT5: https://www.mql5.com/en/market/product/116010?source=Site+Market+Product+Page Histórico de Negociações Aprovadas no Desafio Prop: https://www.mql5.com/en/blogs/post/757093 Perguntas Frequentes: https://www.mql5.com/en/blogs/post/757094 Mais análises do Diamond Titan FX: https://www.mql5.com/en/blogs/post/

493 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

600 USD

Apresentando Quantum Gold Emperor EA , o inovador consultor especialista em MQL5 que está transformando a maneira como você negocia o prestigioso par XAUUSD (GOLD )! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos. IMPORTANTE! Após a compra envie-me uma mensagem privada para receber o manual de instalação e as instruções de configuração. ***Compre Quantum Gold Emperor EA e você poderá obter Quantum Trade EA de graça!*** Pergunte em privad

499.99 USD

Alpha Striker US30 V2 is unique Expert Advisor that continues the Stochastic series of advisors. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. The Alpha Striker US30 V2 is a fully automated EA designed to trade currencies only. Working pairs recommended US30. Expert showed stable results on currencies in 2020-2024 period. No dangerous methods of money management used, no martingale,

500 USD

Discovery EA is a fully automated Expert Advisor that works on all Forex pairs and once installed requires very little from the user, but is perfect for the more advanced trade too due to it's many features. The EA is based upon the channel system but uses the channel twice to generate the signal to start trading. The 1st channel uses the higher timeframe to generate the direction of the trade (Buy or Sell), similar to a trend direction, then the 2nd channel uses a lower timeframe to generate t

500 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