Session Breakout V01 Mbk
Session Breakout V01 Mbk — a MetaTrader 4 expert advisor (trading robot) kept in 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 01. It has a trading-hours filter. It has 8 settings, for example Local start hour EU session (default 6), Local end hour EU session (default 12) and Local start hour US session (default 12). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 · Free
About Session Breakout V01 Mbk
Session Breakout V01 Mbk is an expert advisor (trading robot) for MetaTrader 4. It trades only in the hours you set (time filter). It has 8 settings, such as Local start hour eu session, Local end hour eu session and Local start hour us session. MQL source code included.
Files in the download: Session_breakout_v01_mbk_www_forex-instruments_info.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 |
|---|---|---|
| Local start hour eu session | 6 | Hour when trading starts (server time) |
| Local end hour eu session | 12 | Hour when trading stops (server time) |
| Local start hour us session | 12 | Hour when trading starts (server time) |
| Local end hour us session | 16 | Hour when trading stops (server time) |
| Small eu session pips | 30 | |
| Trade on monday | false | |
| Take profit | 15 | Take profit distance |
| 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