Object-Oriented London Breakout Robot Available for MetaTrader 5

0

We've recently improved our MetaTrader 4 London Breakout expert advisor, and now we've released a port of that "robot" to MetaTrader 5, using the new object-oriented features of the MQL5 language. You can download the MQL5 source code from our Community forum.

Needless to say we've also fired up the MetaTrader 5 strategy tester and run a couple of backtests.  This sort of strategy is traditionally supposed to work best with Cable, but that's not what our initial tests show. Here's the backtested equity curve using the default input settings for GBP/USD:

MetaTrader 5 strategy tester result for GBP/USD London breakout since March 28th 2010

MetaTrader 5 strategy tester result for GBP/USD London breakout since March 28th 2010

and here are the results for EUR/USD:

MetaTrader 5 strategy tester result for EUR/USD London breakout since March 28th 2010

MetaTrader 5 strategy tester result for EUR/USD London breakout since March 28th 2010

I know which I'd prefer to be trading!

Filed under Trading Systems by  #

Leave a Comment

Fields marked by an asterisk (*) are required.