LVL Break Out

The strategy is based on a market analysis for a specific time period. Once the market analysis is completed, the Expert Advisor opens a position if the trend is confirmed.

Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.

When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.

. Live signals

. Suggested symbols:

• USDJPY (M1)

. Definition of parameters:

• Timeframe

• Timeframe: timeframe used by the Expert Advisor

• Risk Management

• Allocation Type: how the allocation is calculated

• Size: size value depending of the allocation type

• Stop Loss

• Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise

• Use trailing stop loss: true to use a trailing stop loss, false otherwise

• Minimum points profit to use trailing stop: profit in points of the current position before adding a trailing stop

• Trailing stop in points: the distance in points between the current price and the trailing stop when adding it

• Take Profit

• Use take profit: true to set a take profit while opening a position, false otherwise

• Take profit type: take profit type to use

• Take profit value: take profit to use

• Settings

• Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor

• Magic number: magic number to open positions

• Time Settings

• Time range start hour: the start hour from which the EA analyses the market

• Time range start minute: the start minute from which the EA analyses the market

• Time range minutes: the number of minutes from which the EA analyses the market

• Delete Orders Hours: the maximum hour to let the EA open a position

• Delete Orders Minute: the maximum minute to let the EA open a position

• Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise

• Close positions hour: the hour from which the EA closes a position

• Close positions minute: the minute from which the EA closes a position

• Trading Days

• Monday: true open a position on Monday, false otherwise

• Tuesday: true open a position on Tuesday, false otherwise

• Wednesday: true open a position on Wednesday, false otherwise

• Thursday: true open a position on Thursday, false otherwise

• Friday: true open a position on Friday, false otherwise

• Saturday: true open a position on Saturday, false otherwise

• Sunday: true open a position on Sunday, false otherwise

• Frequency Settings

• Maximum number of orders per day: the maximum number of daily positions

• Maximum number of buy positions per day: the maximum number of buy positions per day

• Maximum number of sell positions per day: the maximum number of sell positions per day