Asian HL Breakout EA
Expert advisor based on Asian session breakout maximum high and minimum low prices.
Expert Advisor Features
- Very accurate when determine asian high and low levels.
- GMT time offset parameter so the indicator can work with any broker.
How It Works
Asian HL Breakout EA waits until asian session ends and then determine maximum high price and minimum low price during the asian session and waits for breakout, if price closes above maximum high price EA will open buy order and if price closes below minimum low price EA will open sell order.
- Best time frame for asian breakout strategy H1 timeframe.
- High volatility pairs gives better result.
- Test the EA on different pairs and timeframes to find the best winning pairs and parameters.
Asian Breakout EA has some parameters so you can adjust it according to your needs, I'll explain it in details.
GMT Offset Hours
Your broker offset hours from GMT, this parameter is important to determine asian session correctly.
Max Waiting Bars For Break 0=disable
max allowed bars after the asian session is completed to wait for price to break and confirm the signal as valid.
Max Opened Trades Same Time
Max opened orders in the same time.
Close Orders On Reverse Signal
option to let the EA close sell orders when buy signal appears and close buy orders when sell signal appears.
order lot size.
enable set orders lot size based on account balance and available margin.
number of precent to risk from your balance to determine orders lot size.
orders takeprofit by pips.
orders stoploss by pips.
orders trailing stop by pips.
orders break even by pips.
Break Even Pips
number of pips to break after order reach Break Even pips in profit.
orders magic number.
Show Trades Info Panel
option to show or hide trading panel from chart.
Version 1.0 07.08.2019
- First initial version