London Breakout Strategy - 1H Timeframe Modified

Trading Systems Free Forex Trading Systems
449

Could I have a look at your EA?

I’m using ChatGTP and DeepSeek to write mine and they are not working properly.

450

Breakout_EA.ex5 (21.5 KB)
Range.ex5 (12.4 KB)

1 Like
451

Thanks I will look when I get some time and report back.

1 Like
452

thank you. please see if you have any question on the EA and indicator.

453

Ok thanks, had a quick test today and yes, it does look profitable.

Can you confirm which timeframe is best, also what pairs are best and I will do more thorough testing.

Thanks again!

454

Hello, I have no idea which time frame is best. But I think 15min chart.

However, OP said he used 1H timeframe.

1 Like
455

Sorry for the slow reply.

So the back-testing didn’t show a profit unfortunately, on average it lost around 10% over a 1 year period, so it’s not terrible as I’ve seen plenty EAs that blow accounts in shorter timeframes!

For USDJPY (H1) it did have some profitable months (and Tuesdays were profitable), but still lost overall, here’s some of the results;

T1
T1791×731 39.9 KB

Have you got the source code?

I think the TP might be 2 x the risk when I found 1.5x worked better, can you change that?

If it can just trade on a Tuesday that might also be profitable funnily enough my best day is Tuesday.

456

Has anyone been using this strategy in 2025? Im currently testing it & id love to hear others thoughts

457

Hello, I’m trying it but I feel that maybe it has lost effectiveness