Session Breakout V0.25
Session Breakout V0.25 is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around the trading sessions (Asian, London, New York) and breakouts from a range. This copy is version 0.25. It has a trading-hours filter. It has 9 settings, for example US session start hour (default 13), Range lookback hours (default 6) and Close position after hours (default 3). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v0.25 · Free
About Session Breakout V0.25
Session Breakout V0.25 is an expert advisor (trading robot) for MetaTrader 4. It trades only in the hours you set (time filter). It has 9 settings, such as Us session start hour, Range lookback hours and Close position after hours. MQL source code included.
Files in the download: Session breakout v0.25.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Us session start hour | 13 | Hour when trading starts (server time) |
| Range lookback hours | 6 | |
| Close position after hours | 3 | |
| Max range | 35 | |
| Trade on monday | false | |
| Take profit | 55 | Take profit distance |
| Stoploss | 20 | Stop loss distance |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Lots | 1 | Trade size in lots |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Breakout · Trading Sessions · Time Filter · MT4 Expert Advisor · MQL4 Source Code