A Simple London Breakout V.2

Quoting mer071898

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I told everyone a long time ago that you need to have a well capitalized account for this EA to be successful in the long run. To run 2 pairs on a $1000 live account is a very irresponsible move without properly forward testing it out on demo.

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Quoting wainer

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Hello!

I was trading some weeks ago with this system with a live account.

My account did not opened all three operations in the 5th multiplier, the mt4 said me not enough money.

I traded 2 pairs at once with 1,000 live account with 0.01 lots, it wasn´t enough money to trade at multiplier of 5.

To use this system, you need to have at least 5,000 to trade 0.01 lots with some pairs.

I hope that this information help you.

Thank you .

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Quoting mer071898

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I told everyone a long time ago that you need to have a well capitalized account for this EA to be successful in the long run. To run 2 pairs on a $1000 live account is a very irresponsible move without properly forward testing it out on demo.

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Quoting mer071898

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I told everyone a long time ago that you need to have a well capitalized account for this EA to be successful in the long run. To run 2 pairs on a $1000 live account is a very irresponsible move without properly forward testing it out on demo.

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Quoting Truskina

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Hello. When loading the EA's I get an error with the lots, asking me Lots >= 0.1.
...I use "3 Tier London Breakout EA, v1.3b", by Squalou

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if ( (iClose(NULL,PERIOD_M15,1) >= SellEntry && Bid <= SellEntry[size=4][b]-Slippage*pip[/b][/size] && 
    Bid >= SellEntry-[size=4][b]2*[/b][/size]Slippage*pip)

//+------------------------------------------------------------------+
void MoveSLwhenProfit(int profit_pips_target, int pips_to_lock)
//+------------------------------------------------------------------+
{
  //Lock-in some profit after a minimum profit target is reached:
  double SL; [size=4][b]double Slip;

[/b][b]    if (OrderType() == OP_BUY) {Slip = MathAbs(OrderOpenPrice() - BuyEntry);}
   else if (OrderType() == OP_SELL) {Slip = MathAbs(OrderOpenPrice() - SellEntry);}[/b][/size] 

  if ( (OrderType() == OP_BUY  && OrderClosePrice()-OrderOpenPrice() >= profit_pips_target*pip[size=3][b] [size=4]- Slip[/size][/b][/size])
    || (OrderType() == OP_SELL && OrderOpenPrice()-OrderClosePrice() >= profit_pips_target*pip [size=4][b]- Slip[/b][/size])
    ) {
    if (OrderType() == OP_BUY)  SL = NormalizeDouble(OrderOpenPrice() + (pips_to_lock*pip)[size=4][b]+Slip[/b][/size], Digits);
    if (OrderType() == OP_SELL) SL = NormalizeDouble(OrderOpenPrice() - (pips_to_lock*pip)[size=4][b]-Slip[/b][/size], Digits);
    if (MathAbs(SL-OrderStopLoss())>Point) { // ?!? surprisingly, "if (SL != OrderStopLoss()) ..." won't work... even when both seem to have the same value (using Print())
      _Alert(" #"+OrderTicket()+" ("+OrderMagicNumber()+") moving to BE+"+pips_to_lock+"pips");
      _OrderModify(OrderTicket(), OrderOpenPrice(), SL, OrderTakeProfit(), OrderExpiration(), Green);
    }
  }
}

// manage open trades even when outside trading hours;
  // however, we won't open new trades
  GetAggregatePosition();
  if (TradesOpen > 0) {
    //-----------------------
      ManageOpenTrades();
    //-----------------------
  }
  [size=4][b]compute_LB_Indi_LEVELS(TimeCurrent());[/b][/size]

Quote

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BUG2: If there was a trade still open from a previous session, then even if we were in a scenario of MaxBox was reached, there was still 3 orders to be open if triggered although no order should be open.

Quoting Phreddy

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I am having no trouble so is the problem with the "0.1."? are you using .1. or is the 'dot' after '1' a full stop ie end of sentence or a misplaced (.)?

Otherwise try starting again, re-load!

HTH

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Quoting Truskina

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...I´m trying it with 0.01 lots in a standar account, as the EA is programmed, and I get a message: error, Lots must be >= 0.1 Thanks and excuse my English.

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Quote

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That is all I can offer I am not a programmer. I have run this EA on .01 lots but now use .1 - it is easier to see the $ values. On demo for the moment but expect to go live in a week or two.

Quoting mer071898

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Actually, this is not supposed to be a bug. The EA is supposed to open new trades even if there are open trades from the previous days session. It is supposed to open the new trades at the same multiplier as the current open trades. The latest EA sqaulou posted had a change where the new trades would open at the previous multiplier, but that is not executing correctly and he is working on a fix.

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Quoting mer071898

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If you go live with .1 lots, how much do you plan on funding your account with? Even if you only get up to level 6 (which is a multiplier of 89) and get stopped out you'll have placed a total 14.4 lots x 3 trades= 43.2 lots already. Remember, some brokers limit the total lots per trade to 100.

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Quoting gensys

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Hi Guys,

I stumble upon this thread and got really interested in this strategy but I'm really a newbie in all the EA thingys and all the indicators.

I would like to just do it manually, can anyone explain to me how does this strategy work if I were to do it manually?

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Quoting aly2000

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hello all... [3 Tier London Breakout EA v1.3a EURUSD,M15: zero divide]

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