Forex Expert Pro USDJPY

? Trading Robot Description: Forex Expert Pro USDJPY

Forex Expert Pro USDJPY is an automated trading robot for the Forex market, based on a breakout or rebound strategy using levels formed by the first hourly candle (H1) of the trading day. The robot analyzes the first candle after the market opens and sets key support and resistance levels based on its High and Low.

Works only on USD/JPY. To start, open the USD/JPY chart. Attach the expert advisor. Enter the input parameters listed below. The advisor is ready to work.

? Input Parameters

Variable	Value	Description
Chose risk in a trade	/1 - low /2 - medium /5 - high	Select risk level: 1, 2, or 5
MagicNumber	Number	Enter a unique robot identifier (Magic Number)

? How It Works:

Identification of the First Hourly Candle (H1):

• The robot detects the first H1 candle of the new trading day (e.g., 00:00–01:00 server time).

• It records the High and Low of that candle.

Level Creation:

• Horizontal levels are set at the High and Low of the first candle.

Waiting for Signal:

• The robot monitors price action and waits for:

  • a breakout of the level (entry in the direction of the breakout, confirmed by candlestick patterns or volume signals).

Trade Management:

• Automatically sets Stop Loss and Take Profit according to user-defined parameters.

⚙️ Key Parameters:

• Entry Type: Breakout

• Lot Size: Auto-calculated based on risk

• Risk Level: % of account balance

• TP/SL: Set in pips based on risk/reward ratio

✅ Advantages:

• Simple and transparent entry logic

• No indicators — trades based on pure price action

• Highly adaptable to various market conditions

? Recommendations:

• It is recommended to use a VPS for 24/5 uninterrupted operation