Hello Everybody,
I want to share with you my EA in order to test and improve, your comments will be so much appreciated.
EARLY MORNING BREAKOUT is a momentum Break-out Expert advisor, based on High and Low prices during the Asian Session. The EA detects perfectly the trend and uses many filters to avoid false momentum breakout.
EARLY MORNING BREAKOUT recommended trades using market orders on hourly TimeFrame. Each deal is protected by stop orders (Stop Loss ) and uses Trailing Stop to maximize profit.
The trading robot has been developed considering trading on a real account.
Please don't expect many trades per day , the robot plays less trade.
To run the Expert advisor on many pairs, you should attach it in every chart and change the magic number.
Trading Requirements
I want to share with you my EA in order to test and improve, your comments will be so much appreciated.
EARLY MORNING BREAKOUT is a momentum Break-out Expert advisor, based on High and Low prices during the Asian Session. The EA detects perfectly the trend and uses many filters to avoid false momentum breakout.
EARLY MORNING BREAKOUT recommended trades using market orders on hourly TimeFrame. Each deal is protected by stop orders (Stop Loss ) and uses Trailing Stop to maximize profit.
The trading robot has been developed considering trading on a real account.
Please don't expect many trades per day , the robot plays less trade.
To run the Expert advisor on many pairs, you should attach it in every chart and change the magic number.
Trading Requirements
- Trading terminal: MetaTrader 4.0.
- Pair: Any pairs.
- TimeFrame = H1
- Spread = 3 Or Below
- Leverage: 1:50 and higher.
- Account type: micro, mini or standard.
Input Parameters
No Need to change default settings, change only TradeSize, StartTime, EndTime, EndPending and StartTimeLondon.
*EA StartTime must be your MT4 terminal Frankfurt Open Time -1.
Example: Frankfurt market open at 2:00 AM and your MT4 terminal says 9:00 AM, you must apply the setting for StartTimeFrankfurt :9
StartTime must be always hour before frankfurt market Open, in our example StartTime: 8
EndTime and EndPending should be the same for example :12
Pairs recommended are : EURUSD, NZDUSD, AUDUSD and AUDCAD
Thanks for help and once again your comments will be so much appreciated.
Nice Trading for all
Attached File(s)
