This EA was designed to catch breakouts in the market. The settings are very flexable, allowing you to configure the EA in a large number of ways. Here is a summary of the functions.
- Pending Long/Short orders are placed at the high/low levels of a given start hour
- Allows up to 5 orders to be configured with the following parameters
- Lot size
- Take profit
- Stop loss
- Break even (when x profit achieved then move stop loss to break even)
- Trailing stop triggered (x pips positive triggers the trailing stop)
- Trailing stop amount (trail current order by x pips)
- Can use averages over x amount of days
- Can adjust orders based on market movement
- Sends e-mail of current status and history
- Chart display of profit/loss history
Special notes:
- This EA should be run on Hourly charts.
- It is extremely important that MT4 run all week with the charts open and EA attached. No EA can do its thing unless everything is running. That's why you have an EA to trade for you.
- Currently supports all brokers
- To obtain a copy of this EA for Live/Demo use, please click here.
For the most up-to-date information about this Expert Advisor and others, please click here.
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