GbpJpy Daily

Introduction:

This EA comes from my recent observation and trading of GBP / JPY. In daily trading, I found that the trend of GBP / JPY has certain rules, and the probability is relatively large, which has a good profit and loss ratio.
This EA is very simple, even beginners can easily understand.
In 1 trading day, get the highest and lowest price in the first 4 hours of the day. In the rest of this day, if the price breaks above the highest price or below the lowest price, go long or short according to the trend.
In the day, if it exceeds a certain time point, the pending orders will be cancelled, and the entered order will not be affected.
About stop loss, you need to manually set the stop loss point, or you can use the default value of this EA.
About take profit, it is based on the difference between the highest and lowest prices calculated:
For example, for the first 4 hours of a day, the highest price is 143.40 and the lowest price is 143.00. For a buy order, TP price is 143.80, and 142.60 for sell order.
About order close, at the end of the day, if the order is still in, this EA will automatically close this order at current price.



Settings:

Lot - Order lot.
Set Static Stop Loss (pips) - Self defined stop loss
Magic Number for Buy order - Magic number of buy order (default)
Magic Number for Sell order - Magic number of sell order (default)
Slippage - Order Slippage when opening an order. (default)
Comment - Comment of order.



Points for attention:

    1. This EA may be profitiable in short term, but it does not mean that it can be profitable in long term.
    2. You can also apply this EA to other currency pairs or commodities, and the algorithm remains unchanged.
    


Risk tips:

You acknowledge and understand there is a significant degree of risk involved in trading securities, especially in Forex / stock / commodity trading with leverage. Please be cautious.
Any performance results in this EA represents past performance, not a guarantee of future performance, and is not indicative of any specific investment.
This EA is for reference only . I have no right or obligation to any profit or loss caused by this EA.
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ToTheMoon MT4
Daniel Moraes Da Silva
5 (1)
Experts
ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
Just like that
Soolmaz Baramakeh
Experts
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Agus Santoso
Experts
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Lachezar Krastev
Experts
FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Experts
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Mirror EA mt4
Vasiliy Strukov
5 (3)
Experts
O Mirror EA é um sistema de negociação automatizado desenvolvido para executar operações com base no indicador SmaSRS196, que é uma combinação da Média Móvel Simples (SMA) e do Índice de Força Relativa (RSI), utilizando uma estrutura de otimização de 96 períodos. O EA analisa continuamente as condições de mercado para identificar oportunidades de negociação de alta probabilidade, confirmando a direção da tendência com a SMA, enquanto utiliza o RSI para detetar a força do momentum e possíveis co
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Juvenille Emperor Limited
5 (16)
Experts
O Heiken Ashi EA MT4 é um sistema de trading totalmente automatizado que eleva as velas Heiken Ashi Clássicas ou Suavizadas a um novo nível. Ele abre operações com base nas mudanças de cor das velas Heiken Ashi e oferece configurações altamente personalizáveis para se adequar a diferentes estilos de negociação. O EA permite escolher qual vela Heiken Ashi (da 2 à 10) deve ativar a primeira operação. Além disso, possui um recurso de limitação de distância para evitar múltiplas entradas em níveis d
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Lachezar Krastev
5 (2)
Experts
FOREX MEGA SALE! 50% OFF! Buy WallStreet Recovery PRO with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent
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4.5 (2)
Experts
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Experts
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Yu Ming Yan
Experts
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