This is full automated Trading System which trades breakouts of the Opening Range. You have many different options and functions which you can customize to get profitable results. Opening Range = OR

Surface of this System

Before we take a look at all the customizable options, we are going to take a look at the Objects we have on the Chart. There few lines and data:

• Takeprofit of a Short Position
• Takeprofit of a Long Position
• Stoploss of a Short Position
• Stoploss of a Long Position
• Opening Time (Always check the time options.)
• Opening Range (Always check the price range.)

Options and Functions

• UseAverageFilter = Moving Average Filter
• MovingAverageFirst = Periods of the first MA
• MovingAverageSecond = Periods of the second MA
• MovingAverageTimeframe = Timeframe of the MAs(5=M5, 30=M30, 60=H1, 240=H4, etc.)
• AllowChangingTradeDirection = Allows to change the trade direction (True=On ->It means that the system will enter a trade in the opposite direction after hit TP or SL (only if there are presumed requirements (signal)). False=Off -> It means that this system will not enter any new position after hit TP or Sl)
• UseMoneyManagement= Using automated calculation of position
• MaxRiskInPercent= Maximal Risk in % per Trade
• RangeFromHour = Beginning Hour of OR
• RangeFromMinute = Beginning Minute OR
• RangeToHour = Ending Hour of OR
• RangeToMinute = Ending Minute of OR
• EntryonlyOnBreakoutClose = True = This system will open only a position if there is a close above/below the OR
• Lotsi = Position Size (Works only if UseMoneyManagement is "false")
• TakeProfit = TakeProfit
• RangeWidthSL = True = The StopLoss will be above/below the OR
• FixedStopLoss = Fixed Stoploss (only if RangeWidthSL is on false)
• UseTrailSL = Automated changing of StopLoss
• TrailSL = This amount of Pips will be added to FixedStopLoss or RangeWidthSL (only if UseTrailSL is enabled)