VFX London Breakout V1.10

VFX London Breakout V1.10 SOURCE CODE

Overview

The VFX London Breakout V1.10 is an automated trading tool designed to capitalize on the volatility of the London trading session. This expert advisor (EA) identifies potential breakout opportunities during the London session, known for its high liquidity and significant price movements.

Key Features

• Automation: The EA automates the process of identifying and executing trades based on predefined criteria.
• Customizable Settings: Users can adjust settings according to their trading preferences and risk tolerance.
• Risk Management: Incorporates tools like stop-loss orders and position sizing parameters to protect capital and minimize losses.

Minimum Deposit

• Initial Deposit: $100

Time Frame to Run

• Recommended Time Frame: 1 Hour (H1)

Currency Pairs

• Recommended Currency Pairs:
  • EUR/USD
  • GBP/USD
  • USD/JPY
  • AUD/USD

Strategy

The VFX London Breakout EA employs a breakout strategy, targeting potential price movements resulting from increased market activity during the London session. Here’s how the EA takes trades:

1. Identify Consolidation: The EA identifies periods of consolidation before the London session opens.
2. Set Breakout Levels: It sets breakout levels based on the high and low of the consolidation period.
3. Execute Trades: When the price breaks out of the consolidation range, the EA executes buy or sell orders.
4. Risk Management: Implements stop-loss and take-profit levels to manage risk and secure profits.

Example Trade

• Currency Pair: EUR/USD
• Time Frame: 1 Hour (H1)
• Entry Point: Breakout above 1.2000
• Stop-Loss: 1.1950
• Take-Profit: 1.2100

Benefits

• Profit Potential: Capitalizes on significant price movements during the London session.
• Time-Saving: Automates trade execution, saving time and effort for traders.
• Flexibility: Customizable settings for a personalized trading experience.

Join Our Community

• Telegram Link: Join our Telegram
• Download EA: Download from our website

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