A Simple London Breakout V.2

I have been using this system since 2011 end, i have a questions. many a times it has given me stable returns, but some of the times, it has given me horrible returns.

Kindly suggest which pairs are the best to work with this strategy.

I am often getting this error. How do i get help

:37:44 stdlib EURGBP,M15: loaded successfully
15:37:44 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:45 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85567000
15:37:45 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:45 London Breakout EA-V4.0 GBPUSD,M15: open #99713006 buy stop 1.50 GBPUSD at 1.51353 tp: 1.51493 ok
15:37:45 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85568000
15:37:45 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:45 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85570000
15:37:45 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:46 London Breakout EA-V4.0 GBPUSD,M15: modify #99713006 buy stop 1.50 GBPUSD at 1.51353 sl: 1.51171 tp: 1.51493 ok
15:37:46 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85569000
15:37:46 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:46 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85573000
15:37:46 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:47 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85573000
15:37:47 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:48 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85571000
15:37:48 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:48 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85570000
15:37:48 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:49 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85570000
15:37:49 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:49 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85570000
15:37:49 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:50 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85570000
15:37:50 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:50 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85567000
15:37:50 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume
15:37:51 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP #99709370 half-close Buy at 0.85555000
15:37:51 London Breakout EA-V4.0 EURGBP,M15: Alert: LB EA: EURGBP OrderClose(#99709370) FAILED (131): invalid trade volume

From my own experience, it works fine with EURUSD and GBPUSD.... It depends on the time you set your box as well. If you strictly follow the original time from 1st thread, I suggest EURUSD and GBPUSD.

By the way, guys, I just realise one thing, what will happen for Martingale sequence if the EA accidentally closed? Will it look back to the history or just reset to the beginning of sequence instead?


Really hope to receive the answer from you!

very interesting, do we have to download the time difference? like for GBPJPY?

Hey missed this and just picked up your pm (have replied). I just trade gbp/usd on this. Again you complicating it with Ichi - all you need is an hour chart and a couple of lines lol. Good luck!

Hi Guys,

Can let me know what is the latest version of the London Breakout system and where can I find it.

The last version I have is the "3 Tier London Breakout V.3.2b.mq4".

Is this the latest one?

Thanks
DP

Hello guys ...... ie there anyone can delete the function of " reentry " from the expert? or at least make an option to enable it or disable it ??? thanks in advance

Thanks sir for such wonderful EA,

It's awesome. I am working from last 2 days. Quite interesting. I collect 30 pips in both days.

I have problem with entry point. Can this EA will open a trade on ( entry point + spread + 1 pip ) for long & ( entry point - spread - 1 pip ) for short. Have any setting in EA for such a entry ?

Otherwise this EA works Great. Plz reply as early as possible.

Hi I must first say I am very impressed with the London Break Out EA. I have tested it on MT4 and it shows to be a promising system for my needs. I would like to request confirmation that I have the system set up correctly.

I have downloaded the following files:
London Breakout Full Trading Package.zip
3 Tier London Breakoutv3.2.mq4
3 Tier London Breakout EA v1.3b

I followed the following steps to set it up:
1. Loaded the indicators and scripts from the London Breakout Full Trading Package.zip into the corresponding MT4 folders
2. Replaced the 3 Tier London Breakoutv3.1.mq4 with the 3 Tier London Breakoutv3.2.mq4 file in scripts
3. Placed the 3 Tier London Breakout EA v1.3b into MT4 experts folder
4. Applied the London BreakoutV9.1 indicator to the chart and entered my session times in the inputs
5. Executed the 3 Tier London Breakout v3.2.mq4 script on the same chart
6. Applied the 3 Tier London Breakout EA v1.3b EA to the same chart and adjusted my input settings as desired

Can someone please confirm I have set this up correctly or if I have not advise me on what I have missed. I am very grateful for any comments or assistance.

-ruedec

Hi,
The robot have been suspended and tell me that i must change the magic number
what is the right magic number?

Hi im new here, i have question how to set up EA for this london break out (3 Tier London Breakout.mq4) Im trying to set it up for a week and still nothing :/

One of the Amazing breakout strategy ..
i am new here. ...
Anyone still using this system..

I am also interested in this system. I downloaded the indicator where start and end time for the box is set to "06:00" and "09:14" by default while in the description of the system in Post 1, they are said to be "05:00 GMT0" and "08:00 GMT0". I also do not know what is the purpose of the SessionEndTime input parameter. However, if this strategy is still profitable, I would like to re-implement an EA to automate it.

Hi MathTrader7,

Apologies for my english.

By using this indicator i would get much more pips but again not always profitable. i am not using martingale sequence to recover the loss and only one trade a day. maybe that's why losses in some months
The last month (March) was good profitable month. i got 1446 pips by (5 pending order and 5 tp ).

My settings is box set GMT 1:00 to 5:55 (not 6:00)
I also don't know the purpose of SessionEndTime i just set london close time 15:00.

This is was last three days trades..
April 1-3
Gained 569+ pips .. (by NFP spike on Friday)

Hi amit30884, thanks for your reply .
It seems to be still a profitable strategy. I may start writing an EA to automate it.
Just two questions:
1) Are you using the EA in the first post? or you just use the indicator?
2) What is the GMT time difference of your broker?
Best,
MT7

Hi MT7 ! Good to see you here mate ! I like any BO bots too. The TO - so it seems - isn't interested anymore in this method ? Or does he use it day by day successful in manual trading ? So an EA to have would be quite interesting !

I did a visual backtest on EURUSD M15, and it seems to be a promising approach. Without Martingale it sometimes loses, but on average it was profitable during last month (March 2015). There is only one day (25th of March) that price jumped 48 pips:

and depending on your broker it may be a profitable, breakeven, or loss trade. I'm going to implement an EA to trade according this strategy without Martingale in the first version.

1) Trading manually by using the indicator.
2) My broker is GMT0 (exness)

i have been some problems when using the EA on the first post..

Which probs did you have using that bot posted in #1 ? ... could you describe them ? I think that sould be perhaps important for MT7 developing his own EA !