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ERXGen BreakOut EURUSD Trader

Without volatility, trading the financial market is close to impossible. Profit is made ONLY when price is moving.

The ERXGen (Early Riser Next Generation) Breakout System is a short-term trading technique built around the phenomenon that there are certain times of the trading day when price volatility has the tendency to be high.

Following the release of very popular indicator - ERXGen Filter, being used by hundreds of traders this is an automated trading system giving traders even more benefits for their trading.

Price action during the Tokyo trading session is used to determine trade entry levels. Buy and/or Sell trades are taken mostly during the London Trading session. 

The three key rules are:

  • Intra-week trend
  • Tight Tokyo Range (gap between high and low price during Tokyo session must be low, ranging and not trending)
  • Location of the Tokyo Range (price action during Tokyo session must happen either at the top or bottom of the previous day's range)

This EURUSD Automated Trader comes with huge benefits

  • Single asset (EURUSD)
  • Well-written algorithms, precise and fast 
  • More like a trade assistant than a robot
  • Allows for user intervention 
  • Manages risk - lotsizes, trade sizes
  • Manages trades - trade size, trade targets, trade stoploss, stoploss management (move to breakeven, trailing, partial closes, etc)
  • Visual display
  • ... and much more


Parameters

  • Show Trade Info - if TRUE, this is a visual display on the top right corner of the chart with key trade information e.g. lot sizes, account balance, equity, draw down, number of trades, profit, risk percent etc. 
  • ShowComment - if TRUE, this displays comments on the chart showing status of the three rules, GMT time, breakout candles, etc
  • Show PrintOut - if TRUE, this prints out and logs information on the 'Experts' tab of the platform. Can be a drain on memory. Recommended as ONLY a trouble-shooting tool.
  • Show LOBImages - if TRUE, there is a visual display of three previous days and the current day's price action. The current day's price action shows two sets of lines - Green line depicting Tokyo session highest price and Red line depicting Tokyo session lowest price
  • TradeInfoHeading_Colour - colour of the trade information title
  • Enter GMT Correction in hours - difference in hours between MT4 platform time and GMT
  • Enter No. of Tokyo Hours to Monitor - number of hours during the Tokyo session to be used to monitor price action
  • StartCapitalRisk - the user has the option to select percent risk for each trade to be taken. Most traders will between either 1, 2 or 3%. It's up to the trader's risk profile. Smaller accounts may require higher values to give a lotsize of 0.01 micro lot.
  • TradeRiskBias - the user can choose either 'AGGRESSIVE' or 'CONSERVATIVE' settings. Aggressive setting instructs the EA to place buy stops & sell stops a few pips above green line or a few pips below red line. Conservative settings will only place buy/sell stops after a breakout and following price retracement either to the green or red line. See video for details
  • TradeDirection - the user can choose if to trade buys & sells, only buys, only sells, or no trades
  • UseClearBreakoutEntry - if TRUE, this is a slight modification to aggressive entry where buy or sell stops are placed only if the breakout candle closes above the green line or breakout candle closes below red line. See video for details
  • MaxLot - the user can enter the maximum lotsize the EA can enter trades with. 
  • UseDailyStops - if this is TRUE, the next setting (UseTokyoSL) should be FALSE. Daily stops is instructing the EA to place stoploss  for buy trades on the low of previous day and for sell trades on the high of previous day
  • UseTokyoSL - if this is TRUE, the previous setting (UseDailyStops) should be FALSE. The EA places buy stoploss few pips below red line (Tokyo session lowest price) and sell stoploss few pips above green line (Tokyo session highest price)
  • UsePartialClose - user has an option to partially close profitable trades
  • UseEoDClose - if TRUE, the EA closes any open trade at the end of the day (at 23:55)
  • StopLoss - user can manually enter stop loss in pips. UseDailyStops & UseTokyoSL must be set to FALSE
  • TakeProfit - user can manually enter target in pips

See video for explanation of other parameters.

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Dream Scalper MT4
Tatiana Zyrianova
⭐   ⭐   ⭐   ⭐   ⭐   Dream Scalper is a scalping EA whose signals are determined on price rollbacks from support / resistance levels, using the principle of probability theory. The main advantage of this algorithm is that the EA finds such signals at which the price will continuously go either to stop loss or to profit by trailing stop. Since the profit is not fixed according to the standard settings, profitable trades are closed at a ratio of 2: 1, 3: 1 in relation to the stop loss. Recommen
399 USD
Noise Master
Evgeniy Machok
仅剩8本,价格为299美元。 下一个价格-349美元。 全自动EA交易,可在市场低波动时进行夜间交易。 该策略基于一种自动算法,该算法基于具有机器学习元素的技术。 滤除市场“噪音”的能力一直是任何外汇策略的基本要素。 在此EA交易中,此功能已得到充分实施,这使我们可以期望获得足够高百分比的获利交易。 头寸始终受StopLoss和DD参数保护。 通过Noise Master监视交易 我的新产品,交易信号和促销可以在这里找到: https://www.mql5.com/zh/users/alcad83 加我为朋友,并从外汇交易中获利! 不是martingale, 不是网格,不是套利。 “设置并忘记”系统,无需用户参与。 经纪人和存款 任何点差小且订单执行速度快的经纪人都适合交易。 最低存款-$ 100。 货币对,时间范围,终点 建议使用EURUSD,GBPUSD交易。 时间范围-М5。 终端-MetaTrader 4。 参量 AutoLot - 如果为“ true”,则EA会根据帐户余额自行选择交易手数。 Lots - 如果AutoLot
299 USD
Belkaglazer
Dmitriy Shal
Belkaglazer EA  is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets:  FOREX ,  FORTS ,  Crypto ,  Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke
499 USD
GeForex GTX Turbo
Mohamed Hamed Mustafa
GEFOREX GTX TURBO is a highly advanced version of SKYNET PRO FX uses the same strategy but incorporates an advanced algorithm using 1 to 10 TrailingsStop independent working levels at different levels to stabilize the job safely. The EA has been tested with Strategy Tester of 99.9% in different trading conditions surpassing all tests. The GEFOREX GTX TURBO is designed to work on ECN accounts with the EURUSD with a small margin Spread. The H1 and M30 chart is recommended. The default settings are
500 USD
AW Scalping Dynamics EA
Alexander Nechaev
Advanced trading on trend reversals. The EA does not use grids or martingale. But, if necessary, they can be used in the input settings. 3 types of notifications and position locking when the maximum basket load is reached. The default settings are recommended for EURUSD on the M15 timeframe. How the EA trades:   First of all, when trading, the current trend activity is taken into account (the "   Main Trend filter   " variable). The smaller it is, the higher the probability of a reversal and
395 USD
White Peaks MT4
Evgenii Golovanets
Price: $499 only 7 of 10 copies left at this price Next price $599 WP EA shows best performance with  IC Markets (click to register)   Live Monitoring #1   https://www.mql5.com/ru/signals/814806 Live Monitoring #2  https://www.mql5.com/en/signals/823039 If you want to test Expert Adviser correctly, please test Metatrader 5 version of product, only MT5 version can be tested correctly in multi pairs mode White Peaks Expert Advisor  is a fully automated night scalper EA, based on machine learning 
499 USD
IntelligenceTechnologyMaster
Shuang Zhang
MQL5账号 不知何故 账号暂时被禁用,如在使用ITM中有任何疑问可以加QQ:178717550  获取IC Markets 折扣账号: 点击此处  正常申请为每手单边3.5美金,通过此链接每手单边为3美金  实盘展示 : https://www.mql5.com/zh/signals/604847 你准备好了吗? 你见过会印刷钞票的EA吗? 你还会因为找不到好的EA而苦恼吗? 现在在这里我将为你推荐一款全自动的智能交易系统,你只需要动一下你的手指,大把的美金将会自动进入你的口袋......  ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ITM  EA 介绍 1.   IMT EA 完全基于K线价格行为的判断,通过 天图和 四小时 K线 对大的周期方向进行判断 , 在从 小时K
399 USD
Loss Recovery Trader Premium
Michalis Phylactou
Premium version of the Loss Recovery Trader EA with a significant number of additions. Additional Features 1) Open trades using Trend Extreme Strategy entry_trend_score : Enter a value between 0 to 100. This value determines how strong the Trend score should be at least in order for a trade to be placed. entry_extreme_score : Enter a value between -100 to 0. This value determines how strong the Extreme score should be at least in order for a trade to be placed. Negative value is to be placed.
450 USD
Bancomat MT4
Vladimir Khlystov
Bancomat   The Expert Advisor does not require setting and optimization of parameters. At the same time, the advisor trades on 20 currency pairs. The principle of trading is hedging (transaction insurance). Thanks to this principle, the EA does not go into large drawdowns. Regulation of profitability is achieved by changing the lot. The minimum recommended deposit is from 500 usd with a lot of 0.01. At the same time, the expected profit will be 7-15% per month. The rest of the parameters can be
1 100 USD
Evil twin scalper EA
Barour Bilal
Evil twin scalper EA  is a smart ea that uses the Two lines for Time Frame for four hours and indicators Zigzag +atr +cci two piriod and rsi+cci from Variable filter  to find out sensitivity situation of market price. =========================================================================================================================================== //////Alerting /////the results obtained as a result of the expert's work on multiple currency pairs at the same time, you may not find the
300 USD
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版本 1.2 2015.11.06
Updated EA to allow use of suffix in currency pairs.
Suffix is entered in 'Input Settings'