NY 9AM Breakout Bot: Free MT5 Expert Advisor

Overview

NY 9AM Breakout Bot places limit orders at these boundaries, specifically timed for the New York 9 AM market open to capture volatility. The bot features dynamic adjustments for Daylight Saving Time and broker server offsets to ensure precise execution. Risk controls include lot sizing based on account percentage, a stop loss equal to the candle range, and global monthly profit and loss thresholds. Note that the code contains a license check that prevents execution by default.

4-hour candle high and low breakout system

Automated Daylight Saving Time and UTC offset adjustments

Percentage-based account balance risk management

Monthly equity protection limits and profit targets

Details

Author

SouleEater99 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout

Markets

Forex, Gold

Timeframes

M15-H1

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

main.mq5

Source

github.com/SouleEater99/NY-9AM-Breakout-Bot

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone SouleEater99/NY-9AM-Breakout-Bot from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

Similar expert advisors

Gold ORB

by yulz008

295

This MetaTrader 5 expert advisor implements an open range breakout strategy specifically designed for gold trading on the hourly timeframe. It identifies the high and low of the initial trading hour and establishes a definitive range after a user-defined consolidation period. Trades are triggered when price breaks thro

MT5 Trading robot Breakout

Updated 3 years ago None stated GitHub

Nyao Scalper

by elrizwiraswara

173

Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT

MT5 Trading robot ScalpingTrend followingMartingale High risk

Updated 3 months ago BSD-3-Clause GitHub

Golden Strategist EA

by raracraz

This MetaTrader 5 expert advisor specializes in trading Gold (XAUUSD) by targeting volatility during the New York session. It utilizes an Average True Range (ATR) indicator to identify market trends and determine entry levels for limit orders. Risk management includes fixed stop loss parameters and dynamic trailing sto

MT5 Trading robot Trend followingBreakout

Updated 2 years ago None stated GitHub

Black XAU Automated Bot

by phatnomenal

Black XAU is an automated trading robot for MetaTrader 5, specifically designed for gold. It utilizes a multi-timeframe breakout and retest strategy, identifying trading zones based on initial H4 market structure. Entries are triggered on the M5 timeframe when price retests a confirmed breakout level. The expert adviso

MT5 Trading robot BreakoutTrend following

Updated 11 months ago None stated GitHub

Box Breakout EA

by je-zhou

This MetaTrader 5 expert advisor implements a box breakout strategy designed for the foreign exchange market. The robot identifies price ranges during specific time windows and enters trades upon a breakout. It features a trend filter using fast and slow moving averages to align entries with broader market direction. R

MT4MT5 Trading robot BreakoutTrend following

Updated 1 year ago MIT GitHub

First Candle Breakout

by erlonfs

First Candle Breakout is a MetaTrader 5 expert advisor designed to trade the breakout of the high or low of the first candle within a specified period. While traditionally used with the first 60-minute candle, the software allows users to configure any timeframe for the initial range. The robot enters a buy position wh