Open Market Breakout Pro

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:

  1. 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

  2. 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.

  3. 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.

Copyright 2024, Lorenzo Mancuso & Armerina Investment. All rights reserved.


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Bitcoin Robot MT4
MQL TOOLS SL
4.64 (66)
Uzman Danışmanlar
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
AI Prop Firms MT4
MQL TOOLS SL
5 (4)
Uzman Danışmanlar
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
The Infinity EA MT4
Abhimanyu Hans
3.68 (31)
Uzman Danışmanlar
ChatGPT Turbo ile AI Destekli Teknoloji Infinity EA, GBPUSD ve XAUUSD için tasarlanmış gelişmiş bir ticaret Uzman Danışmanıdır. Güvenliğe, tutarlı getirilere ve sonsuz karlılığa odaklanır. Martingale veya grid ticareti gibi yüksek riskli stratejilere dayanan diğer birçok EA'nın aksine. Infinity EA, genel ticaret deneyiminizi olağanüstü kılmak için en son ChatGPT sürümü tarafından sağlanan makine öğrenimi, veri analitiği AI tabanlı teknoloji üzerine yerleştirilmiş sinir ağına dayalı disiplinli,
Daytrade Pro Algo
Profalgo Limited
5 (5)
Uzman Danışmanlar
Lansman Promosyonu: Mevcut fiyattan sınırlı sayıda kopya mevcuttur Son fiyat: 990$ YENİ: 1 EA'yı ücretsiz alın!   (2 ticaret hesabı için) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files DayTrade Pro Algo'ya hoş geldiniz!   Yıllarca piyasaları inceledikten ve farklı stratejiler programladıktan sonra, iyi bir ticaret sisteminin ihtiyaç duyduğu her şeye sahip bir algoritma buldum: Broker bağımsızdır Bağımsız y
Swap Master MT4
Thang Chu
Uzman Danışmanlar
Unlike most other EAs in the market, I always assure every single of my EAs are of highest quality: Real trades will match backtesting. No loss hiden techniques to hide historical losses, no manipulated backtest to make backtesting curve smooth without loss (only naive traders believe in smooth upward curve with no risk - they are most likely scamming). My EA always have multi-years verified statistical trading edge. Robust and long term stable with sensible risk management. Not sensitive to sp
Exp4 AI Sniper for MT4
Vladislav Andruschenko
2.33 (3)
Uzman Danışmanlar
Ekibimiz, MetaTrader terminali için son teknoloji Akıllı Ticaret Uzman Danışmanı olan Trading Robot'u tanıtmaktan büyük heyecan duyuyor. AI Sniper,   hem de   MT4   terminalleri için tasarlanmış akıllı, kendi kendini optimize eden bir ticaret robotudur. Gelişmiş bir algoritma ve en son ticaret metodolojilerini kullanan   AI Sniper,   ticaret optimizasyonunda mükemmelliği temsil eder. Hem borsa hem de borsalarda 15 yıldan fazla kapsamlı deneyime sahip ekibimiz, yenilikçi strateji yönetimi özelli
SouthEast
Sugianto
5 (11)
Uzman Danışmanlar
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share my
Greedy Golden MT4
Mihails Babuskins
4.8 (5)
Uzman Danışmanlar
Recommended:  it's better to  use in accounts with lower swap or swap-free accounts. SEE AND COMPARE WITH OTHER EA's , Real monitoring signals link on my profile. Contact me after payment to send you the user manual PDF file See the real monitoring signal in my profile. Use only on gold and on the  BUY direction. Trading gold is attractive to many traders due to the high volatility and depth of the market. Should we invest in gold or just scalp it? Answering this question is a big challenge for
Bitcoin Robot Grid MT4
MQL TOOLS SL
5 (16)
Uzman Danışmanlar
Bitcoin Robot Grid MT4 is an intelligent trading system designed to automate BTCUSD trading using the grid trading strategy. This method takes advantage of market fluctuations by placing a structured series of buy and sell orders at predefined price levels. The robot   continuously monitors market   conditions and executes trades according to its preset parameters, allowing for consistent market engagement without the need for manual intervention. Bitcoin Robot Grid is the   perfect solution  
Exorcist Projects
Ivan Simonika
3 (1)
Uzman Danışmanlar
Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
EA Legendary Scalper MT4
Ruslan Pishun
Uzman Danışmanlar
Real monitoring :  XAUUSD__BTCUSD__ M30__SL3 Real monitoring :  XAUUSD M30 SL2 For more information, please contact us via private message or in   the mql5 group. THERE   ARE   ONLY  2   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  450   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  649   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactl
Jesko
Cence Jk Oizeijoozzisa
5 (2)
Uzman Danışmanlar
Jesko EA –  Jesko, yıllardır test edilmiş ve optimize edilmiş bir stratejiye dayanan özel bir Uzman Danışman (EA)’dır. Gerçek hesaplarda test edilmiş ve sürekli olarak karlı ve düşük riskli performans göstermiştir. Şimdi, herkese açık hale getirmeye karar verdik. Signal live      Dört aylık canlı hesap MetaTrader 5 sürümü burada mevcuttur . ----------------------------------------- MT5 Giriş 23982567 ————— MT5 Şifre Aa123123! ————— Sunucu UltimaMarkets-Live 1 ------------------------------------
Quant Blade MT4
Andrey Barinov
Uzman Danışmanlar
Quant Blade is a professional trading solution built on advanced Pattern Recognition with elements of Machine Learning and Neural Networks . It calculates future price move probabilities , displays projections directly on the chart, and trades based on them. Highlights Prop Firm Ready => advanced PropFirm risk panel with color-coded warnings and recommendations Institution-grade analytics => high quality forecasting / projections and market condition filtering No Grid, No Martingale => only one
CyNera MT4
Svetlana Pawlowna Grosshans
2.71 (14)
Uzman Danışmanlar
CyNera: Sizin Ticaretiniz, Bizim Teknolojimiz Kılavuz ve ayar dosyaları: Kılavuz ve ayar dosyalarını almak için satın aldıktan sonra benimle iletişime geçin Fiyat: Fiyat, satılan lisanslara göre artar Mevcut kopya sayısı: 4 Piyasadaki en değişken araçlardan biri olan altın ticareti, hassasiyet, derinlemesine analiz ve güçlü risk yönetimi gerektirir. CyNera Expert Advisor, bu unsurları kusursuz bir şekilde entegre ederek, optimum altın ticareti için tasarlanmış sofistike bir sistem oluşturur. Cy
Opening Range Breakout Master
Thushara Dissanayake
Uzman Danışmanlar
The       Açılış Aralığı Breakout Master   , kurumsal ticaret kavramlarından yararlanmak için tasarlanmış profesyonel bir algoritmik ticaret sistemidir.       ICT (Inner Circle Trader), Akıllı Para Kavramları (SMC) ve likidite tabanlı stratejiler   . Bu uzman danışman, tespit ve yürütmeyi otomatikleştirir       açılış aralığı kırılmaları (ORB)       küresel Forex seanslarının önemlileri arasında       Londra, New York, Tokyo ve Gece Yarısı Öldürme Bölgeleri   , tüccarların uyum sağlamalarına ola
Octopus Stability
Aleksandr Shurgin
Uzman Danışmanlar
After a thorough work and search for the optimal values of each of the Expert Advisor's parameters, the most stable settings of the algorithms have been selected, which do not require over large history periods. The robot uses a universal trading strategy, allowing the use of the currency pairs EURUSD, GBPUSD, USDCHF, USDJPY and other pairs with low spread. The EA trades on a 5-minute timeframe , it uses levels defined automatically on the bases of multiple parallel price movement calculation me
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Blade Runner
Lorenzo Mancuso
Uzman Danışmanlar
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 EM
Golden Ace
Lorenzo Mancuso
Uzman Danışmanlar
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 Stop
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