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1 Hour after daily open - MT4/MT5 resources

author EAcpu | 5 reads | 0 comments |
If the first 1-hour candle closes above the DO line, we are bullish

If the first 1-hour candle closes below the DO line, we are bearish

GBP/USD trading pair; EUR/USD; (Why? Because those two were less volatile at the time)

Stop loss is 10 pips.

Take profit is 10 pips.

Is it what you are looking for? No.

There are additional options here.

Two trades are opened at the same time.

Therefore, we will set an equity take profit (ie: if both positions will gain 10 points in a row , they will be closed).

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Daily Open Indicator - Guess what that is if you can.

Stock Sentinel EA - the simplest EA you will ever see. (PS, I don't claim ownership, I found this on FF) A system similar to this

OpenFirstHour EA - Use the above logic to build a position, thanks to Youxia_lp

Systems similar to this >>> http://www.forexfactory.com/showthre...13#post8211413

Don't forget to smile, write your comments, suggestions or at least say thank you to the EA provider.
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