Session Breakout V01.26
Session Breakout V01.26 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. As the name suggests, the idea behind it is the trading sessions (Asian, London, New York) and breakouts from a range. This copy is version 01.26. It has a trading-hours filter. It has 10 settings, for example US session start hour (default 13), Range lookback hours (default 6) and Close position after hours (default 3). Watch it on a demo account for a while — robots can behave differently with each broker. 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 · v01.26 · Free
About Session Breakout V01.26
Session Breakout V01.26 is an expert advisor (trading robot) for MetaTrader 4. It trades only in the hours you set (time filter). It has 10 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 v01.26.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 during lookback hours | 35 | |
| Pip filter | 10 | |
| 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