Breakfast in Canada Automated Trading EA Robot-Absolutely Free

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Forex Automated Trading EA Robot-https://greenforexpips.com/

Breakfast in Canada EA

Forex Advisor Breakfast in Canada is a fully automated forex robot.The Forex robot works at certain time intervals at the beginning of the American session. The Expert Advisor opens pending orders every hour in both directions: Buy Limit and Sell Limit, at a distance of 10 points from the current price.

The Forex robot works at certain time intervals at the beginning of the American session, when it is early morning or early lunchtime in Canada. During these intervals, the Forex trading robot opens every hour pending orders in both directions: Buy Limit and Sell Limit, at a distance of 10 points from the current price (for 4-digit quotes) or 100 points from the current price (for 5-digit quotes).

Setting / Recommendations
  • Currency Pair: Work best on GBPCAD, EURCAD, USDCAD, or any other pairs where CAD is the second currency
  • Equity: Minimum account Balance of 10,000USD or Standard or equivalent cent account(100USD)
  • Time-Frame: Work best on H1 Timeframes
  • Leverage: 500
  • Broker: Zero Spread/Fixed Spread/Raw Spread or ECN Broker: To Know More-Click
  • VPS: Let the EA work un-interrupted with VPS: Click Here

READ MORE(TRADING STRATEGY)

If one of the orders triggered, in one direction or the other, then the opposite pending order is deleted, and then the forex advisor will open pending orders only in the direction in which the order was triggered. For example, if a Buy Limit order is triggered, then the opposite Sell Limit is removed, and on the next candle, the trading robot will open only one pending Buy Limit order.

If the number of open market orders has reached the number specified in the parameter “Increased lot after order # (0-disabled)”, then the forex advisor will start opening pending orders of increased volume, which is calculated by the formula: “Next lot” = “Amount of open market orders “. Example: the size of the initial lot is set at 0.01, 3 orders have been opened for the market (the default value of the parameter), which means that the next order will be placed with a volume of 0.03, i.e. 0.01 + 0.01 + 0.01 = 0.03, etc., until all orders are closed with profit.

The Breakfast in Canada Forex trading robot will then begin a new cycle.

The lifespan of pending orders is specified in the parameter “Pending orders lifespan, min.”, The time should be specified in minutes.

Breakfast in Canada EA can pick up your orders, which you open manually, if you deem it necessary, for example, to get out of the drawdown as soon as possible. However, one should take into account the fact that orders should be opened in the same direction as market orders have already been opened, otherwise the forex advisor will close all open orders, and it does not matter if they are in profit or loss. We advise only experienced traders to open orders manually when you are completely sure of what you are doing.

The trading robot has the ability to disable trading during the day (when lunch is in Canada), which is also recommended only for experienced traders.

In a forex advisor, you can use the “Micro lot (XM Global, etc.)” parameter regardless of the broker, but at the same time make 10 times less profit, which accordingly reduces the risk of drawdowns, for example, with a small initial deposit. However, this parameter should be enabled for such brokers as InstaForex, XM Global, etc., whose lot value is 10 times less than usual.

Also on the chart there is a Stop / Start button, when pressed, the Forex trading robot stops its work until it is pressed again.

The Expert Advisor uses virtual StopLoss and TakeProfit in its work, i.e. hidden from the broker.

The forex advisor has the ability to enable or disable the calculation of the size of the swap and commissions when calculating the profit for closing positions. This parameter can be enabled for a deposit of more than 10,000 units and an autolot of 0.5%, if your broker has low or no commissions, as well as small swaps. For small deposits, it is better to disable this parameter, which will significantly reduce the drawdown and slightly reduce the profit. If your broker does not take commissions, and you have a Swap-Free account, then this parameter can be left off.

Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how Breakfast in Canada EA works, then only use it in a real account.

INPUT PARAMETERS

BASIC SETTINGS

  • Time offset from GMT, hours – Your terminal time offset from GMT, indicated in hours.
  • Trading start at GMT 18 – Trading start time in the American session, indicated in hours by GMT.
  • End of trading according to GMT 1 – Time of the end of trading in the American session, indicated in hours according to GMT.
  • Trade at lunch or not (FOR EXPERIENCED TRADERS) – Trade during lunch in Canada or not, TRUE – ALLOWED, FALSE – FORBIDDEN.
  • Trading starts at lunchtime at GMT 11 – Trading starts at lunchtime, indicated in hours by GMT.
  • End of trading at lunchtime at GMT 15 – End of trading at lunchtime, indicated in hours by GMT.
  • Maximum slippage, points – The maximum allowable slippage for opening or closing orders, specified in points.
  • Maximum spread – The maximum spread at which it is allowed to place pending orders. Fractional values ​​are supported on 5-decimal places, on 4-decimal places it will be rounded if you set a fractional value.

MANI MANAGEMENT

  • Means used – What means to use for trading and for calculating the autolot. The default is Balance.
  • Lot Size – Initial fixed lot size. For InstaForex or XM Global, multiply the value by 10.
  • Use autolot – Whether to use autolot or not. TRUE – ALLOW, FALSE – DISABLE.
  • % of funds for an autolot – The percentage of funds for calculating an autolot. For InstaForex or XM Global, multiply the value by 10.
  • Lifetime of pending orders, min. – How long will it take to delete unworked pending orders. The time is indicated in minutes.
  • Increased lot after order no. (0 – disabled) – After which order in the market to open orders of increased volume.
  • Maximum Lot Size – The allowed maximum order volume.
  • Virtual stop loss, points – The size of the virtual stop loss. Indicated in points.
  • Micro lot (InstaForex, XM Global, etc.) – Enable or support micro lots, such as InstaForex or XM Global, etc. FALSE – DISABLE, TRUE – ENABLE.
  • Consider swap and commissions – Whether or not swap and commissions are taken into account when calculating profit for closing positions. FALSE – DISABLE, TRUE – ENABLE.

INFORMATION BLOCK SETTINGS

  • Show statistics table – Whether or not to show the statistics table on the balance, open positions and earnings on the chart. TRUE – ALLOW, FALSE – DISABLE.
  • Information block font size – What font size to use for displaying the information block on the chart.
  • Information block font size – What font size to use for displaying the information block on the chart.
  • Magic number – Magic number to distinguish your orders from others. For orders in the Sell direction, the EA uses this number + 1.
Profit
Drawdown

NOTE:

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DISCLAIMER: Please read carefully before you decide to Invest in Forex Market

  • Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase please read our RISK DISCLAIMER.
    BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat into the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this we recommend that you test the EA on your own broker account using many variations of currencies, time frames and settings to make sure you experience favorable results in current market conditions before trading live accounts.
  • Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
  • Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
  • Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
  • Before deciding to trade products you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.