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ERXGen BreakOut MultiCurrency 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 Multi-Currency Automated Trader comes with huge benefits

  • Multi Currency Pairs for EUR and GBP
  • Well-written algorithms, precise and fast
  • More like a trade assistant than a robot
  • Allows for user intervention
  • Manages risk - lot sizes, trade sizes
  • Manages trades - trade size, trade targets, trade stoploss, stoploss management (move to breakeven, trailing, partial closes, etc)
  • Additional control parameter e.g. stop loss based on EMA, trade recovery techniques, etc
  • Visual display
  • ... and much more


  • 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 lot size 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 lot size 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)

See video for explanation of other parameters

评论 1
Ahmad Bajeaifir
Ahmad Bajeaifir 2015.12.29 12:34 

I'm impressed. 5% in less than one week is Good.

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Reward for Effort
Aleksandr Karvas
About the System: Reward for Effort is an automatic trending system based on proprietary methods of trend identification simultaneously on 5 timeframes: M1, M5, M15, H4, D1. Reward for Effort is provided by the proprietary 15 speed dynamic trailing stop mechanism, which is able to give control to the adjustable Parabolic SAR indicator, which receives data from the active working time frame D1. Primarily, the first order is modified only then the control is passed on Parabolic SAR. If Parabolic S
3 500 USD
Duong Tran
Use on M1 only for best result. Recommended pairs: EURUSD, GBPUSD, AUDUSD . Run at the same time. Min deposit is $100 for leverage 1:500 with lot size 0.1 (without risk) . Smaller leverage requires mini lot size of 0.01 or lager deposit for bigger lot size. Recommended to use on low spread broker. Please backtest or use a demo account before using in real. This very easy EA uses Rainbow MA to scalping. No martingale, no grid trading, no arbitrage Stops are tight Live account screenshots Paramete
2 500 USD
Duong Tran
The Expert Advisor works on D1 (Daily chart) and any symbol. Min deposit is $100 for the leverage 1:500. The default settings are specified for EURUSD D1. Find the best settings for other symbols. Please backtest the EA or use it on a demo account before launching on a real one. Strategy No indicators, no martingale, no grid trading, no arbitrage. Stops are tight. Settings MagicNumber = 24011988 - EA magic Takeprofit = 200.0 - take profit in points Stoploss = 100.0 - stop loss in points Trai
2 500 USD
Open London Market Breakout Strategy
Roberto La Bella
This EA OLMBS (Open London Market Breakout Strategy) is based on a proved breakout strategy for the London session. The strategy consists to trace a channel based on the last 4 candles in M15 chart just before the London opening (8:00 GMT) and then put a BuyStop at the top, or a SellStop at the bottom of the channel with meticulous Stop Loss and Take Profit (this one is based on a smart Risk/Reward). Some advanced features and filters give the ultimate edge for this EA, and in the long term it i
2 557 USD
Duong Tran
This EA uses the same algorithm as the BBE EA The difference is using the Fibonacci rule to Stoploss and Takeprofit . This EA has also been upgraded with Hidden Stoploss, Hidden Takeprofit and Hidden Trailling Stop . Backtesting has not represented the results as expected, because I used it on 10 to 24 pairs at a time including GOLD (XAU) (see on screenshot). The Expert Advisor works on D1 (Daily chart) and any symbol including GOLD Min deposit is $100 for the leverage 1:500 with lotsize 0.0
2 500 USD
Kostiantyn Kuzmin
Excalibur is a multi-currency Expert Advisor which supports all pairs and stocks with spread not higher than 10 points on 4-digit quotes. The EA is equipped with the multi-timeframe oscillator DeMark filter. It can configure five various trading styles with smooth ranging from extremely aggressive to extremely conservative styles. You can set support and resistance (option and futures levels) manually in the EA settings once a day or less often using external data. Set the EA appropriately, so t
3 500 USD
Berry Scalper
Manabu Suzuki
Berry Scalper is an active high-performance trend-following EA including multi scalping logic features compatible with all exchanges. Equipped with multiple strategies An active, stable trend-following EA Stable safety design for long-term use Simple and easy-to-use input parameters Strategy Berry Scalper is a high performance scalping robot equipped with multiple logics. The EA targets profits within narrow ranges on EURUSD M15 chart using trend following system. Because it is equipped with l
2 900 USD
Triple Container
TRIPLE CONTAINER is a fully automated Expert Advisor working under EURUSD , GBPUSD and AUDUSD No curve fitting according to backtest results. Tested under few data sources to make sure it works under every kind of brokers Suggested to use as portfolio on three currencies at once Trading Method / Logic Yes/No Additional info Martingale X Grid X Arbitrage X Trend Following V Price Action V StopLoss V SL are tight and variable BreakEven V Automated TrailingStop V Automated a
4 900 USD
Sherif Hasan
TREND MAXI EA is a Momentum Break out indicator EA, Which filters the timezone and daily Pivot channel. The Strategy pursuing the trend direction accordance of momentum, also it filters with timzone and pivot channel to avoid false momentum breakout. TREND MAXI Expert Advisor trades on only EURJPY using market orders. Its using default indicator and trend following on pattern. The indicator's signals are verified by Elder-Ray. Trailing Stop Loss are based on ATR. The trading robot running good s
9 999 USD
Dmitrii Ponomarenko
Usualexpert is a MetaTrader 4 Expert Advisor proven in action on real accounts. It is based on support/resistance line breakthrough and selects the extremums, at which the price meets the greatest resistance. The EA works with buy stop and sell stop orders. Tight stop losses are applied. When a trend weakens and there is a chance of a reversal, the EA sets a trailing stop at a breakeven level. The trading robot does not use martingale, trailing, scalping, or hedging and has been designed for EUR
2 500 USD
MagicSignals EA
Ola Said Abd Elghafar
MagicSignals EA is a fully automated Expert Advisor . It uses smart algorithms to open any trade.Also this system come with very smart Money Management code and not like other Expert Advisor with this ea you will cant use fixed lot to trade. You must use the very smart Money Management system inside this ea to open any trade, you will need only to put your risk and the system will do all other job for you. And if you put zero in the risk setting the system will open the small lot that can make t
30 000 USD
Trend Grid
Hieu Tran Van
Trend Grid EA is Auto Grid System Strategy: Using some indicators to determine the trend then waiting market roll-backs to open the trade, if Profit = Smart Profit (10 pips) : Close a trade. If market continues to roll-back, using Grid (Distance of 2 orders: 50 pips) to trade following the trend, when all profit = Smart Profit (10 pips): Close all trades. If the trend is changed and Loss= Maxdrawdown (30%): Close all trades. The EA is most efficient with 3 pairs: EURUSD, GBPUSD, USDJPY. Recommen
9 999 USD
Gendhis Scalper
Agus Mufaizin
Gendhis Scalper is a fully automated Expert Advisor that works by observing speed of price movements with Bollinger Band Filter. This EA use Pending in Upper or Lower Bollinger Band for search breakout price. This EA design for EURUSD or GBPUSD only How It Works? Gendhis Scalper uses bollinger band and price movement speed. This EA works by observing the speed price movement in each candle to look for breakout points. Below is a logic for an entry or exit point: Entry Point Logic Order BuyStop
9 999 USD
AlgoTradeSoft Innovative EA
The strategy is based on the breakdown of the most important support and resistance levels. The EA uses the adaptive trade management algorithm. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA contains the algorithm of statistics collection and slippage control with complete statistics output on the information panel, so you can control th
29 999 USD
Global Grid Algorithm Garmaliga
Konstantin Garmaliga
This Expert Advisor is based on Garmaliga trading system. It can be used in two ways: as a trading system or as a fully automated EA. Objectives: Opening orders continuously. Managing each order's breakeven. Automatic profit fixing after reaching a specified parameter value. This is done in order to avoid: Psychological factor. Humans are prone to errors, risk, weariness, etc. Technical factor. The EA is able to open and close orders, calculate breakeven at various characteristics according to t
9 999.99 USD
Kirill Burziev
Megatrader is a fully automated trading system, that uses the signals of the Stochastic oscillator for market entry. Megatrader also uses a modified strategy of doubling the rates. Unlike the classic Martingale system, after every failed deal, the Expert Advisor closes the next order as soon as the loss returns, without waiting for profit in every single deal, thereby decreasing the likelihood of the deposit drawdown. The EA uses only the market orders Stoploss is set for every order All trading
30 000 USD
Benefit EA
Vsevolod Merzlov
Benefit EA is a non-indicative flexible grid adviser with special entry points that provide a statistical advantage, revealed through the mathematical modeling of market patterns. The EA does not use stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments. The "Time Filter" function is set according to the internal time of the terminal as per the displayed time of the instrument's server, not the operating system (can match). This function allo
30 000 USD
Seng Wee Ngui
A significant improvement from the classic Martingale System, Smart Martingale gives you the consistency of a martingale system WITHOUT the huge blow to your account! Backtested with a wide spread of 25 points with great results For Demo: EURJPY/D1 Default settings will work with EURJPY For CUSTOMERS(Renters/Buyers): Optimized settings for EURUSD AUDUSD GBPUSD NZDUSD AUDNZD USDJPY EURAUD EURJPY GBPAUD GBPNZD USDSGD Best configuration: There is a specific configuration that creates the best r
2 997 USD
Stanislav Rozhdestvenskyi
The Multibot is a multi-currency EA, that trades on the breakouts of the important support and resistance levels. Period H1. The system shows a good diversification of risks when using the major currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD Features: Does not require a huge deposit Does not use martingale Each trade has a Stop Loss and Take Profit The profitable trades are moved to breakeven Uses pending stop orders for trading Can work with fixed lot or with a free margin percentage
9 999 USD
Ahmad Bajeaifir
Ahmad Bajeaifir 2015.12.29 12:34 

I'm impressed. 5% in less than one week is Good.

版本 1.6 2016.08.25
Version 1.6
- addition of function to close trades when at specified percentage profit
- modification to Candle Trailing capability. Improved.
版本 1.4 2015.11.09
Updated the EA to allow the use of a suffix in currency pairs.
A suffix is entered in the Input Settings.