The VFX London Breakout Metatrader 4 Forex robot is an algorithmic trader that automatically enters breakout trades during the London session.
It’s an EA that spots a valid trading range during the London session and then waits for a bullish/bearish breakout to happen before initiating a trade.
The VFX London Breakout EA is already optimized to identify the finest breakout trading opportunities.
This EA has a rich money management system that allows traders stipulate precisely how much they want to risk in each trade.
We encourage you to risk just around 2% or less of your equity, else you can try out what suits your trading personality.
Strategy Tester Report
Find below the VFX London Breakout forex robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.
The EA made a total profit of $25342.66 from a total of 590 trades. The largest winning trade generated $1014.00 in profits, while the largest losing trade generated a loss of-$519.00.
Bars in test: 43761 ticks modelled
Initial deposit: $1000.00
Total net profit: $25342.66
Total trades: 590
Largest profit trade: $1014.00
Largest loss trade: -$519.00
Consecutive wins: 2
Consecutive losses: 2
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: London Opening Time, Positions On Monday, Positions on Tuesday, Positions on Wednesday, Positions On Thursday, Positions on Friday, Set Positions Risk by, Positions risk, Stop Loss (Points), Take Profits (Points), Maximum Trading Range (Points) …
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the VFX_London_Breakout.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)