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Session Breakoutv1.13

AIMS LOBOT EA

Research and execution software for MetaTrader that trades an inside-bar breakout on the side of the 09:00 session open. It banks half at +1R, then trails the rest by 2 ATR.

Backtest report

Report pending

The backtest report and reproducibility kit for LOBOT EA are being prepared. They will appear here with every run we tested, the tester settings and the files to reproduce them.

Research, not a black box

You get the rules, our default settings and our test. Check them before you rely on them.

  1. Reproduce it. Run our test with the same settings in your own tester.
  2. Optimise it. Change the dates, symbols and costs. Watch for curve-fitting.
  3. Forward-test it. Run it on a demo account first.
  4. Decide. Going live is your decision.

A backtest is a historical simulation, not a live result. Read the Risk Disclosure and the Terms.

Type
Expert Advisor
Category
Session Breakout
Platforms
MT5 · MT4
Language
MQL5 · MQL4
Repaints
No — closed bar
Inside Bar (Seed)09:00 Open LineStop OrdersFree Trade at +1RATR Trail

What LOBOT EA does

AIMS LOBOT EA trades the first moves of the session. It marks the open of the 09:00 server-time bar, waits for an inside bar (the Seed) that sits fully on one side of that line, and places a stop order beyond it.

Seed on the Open Line

A closed inside bar entirely above the 09:00 open is a buy setup; entirely below it is a sell setup. A Seed that touches the line is ignored.

Free Trade at +1R

At +1R the EA closes half the position. The stop is not moved to break-even first.

ATR Trail and Pyramids

After the half is banked, the stop trails 2 ATR(14) behind the last close, forward only. A second runner can open when the first is Free.

How to trade LOBOT EA

  1. Attach and License

    Attach the EA to the chart of the symbol you want to trade and enter your Serial Key in Inputs. Until then the chart shows LOCKED and no orders are placed.

  2. Check Server Time

    The open line is the 09:00 bar in your broker’s server time. Check what that is in your local time before you set the session window.

  3. Set Risk and Session

    Choose risk % or a fixed lot, and the session window in server time. New entries only happen inside the session.

  4. Let It Manage

    Pending stops expire after 3 bars, and are deleted if price trades through their stop loss before they fill. An opposite signal cancels the other side.

Setups and chart grammar

The EA checks for a Seed once per closed bar. It manages open positions on every tick.

SetupContextWhat the EA seesGoal
Buy StopClosed inside bar entirely above the 09:00 openSeed high and lowBuy Stop 1 pip above the Seed high, stop loss 1 pip below the Seed low
Sell StopClosed inside bar entirely below the 09:00 openSeed high and lowSell Stop 1 pip below the Seed low, stop loss above the Seed high
Free PyramidRunner open on the same side and already FreeA new Seed on the same sideA second runner (maximum 2)
ExitRunner openPrice hits the 2 ATR trailing stopClose the runner
BUY STOP

Seed above the 09:00 open line.

SELL STOP

Seed below the 09:00 open line.

FREE

Half banked at +1R; the runner trails 2 ATR.

LOCKED

No valid Serial Key: no orders, no management.

The Risk Gate

Before placing an order the EA checks the spread, how far price has already moved past the Seed, and the distance to the stop. If any check fails, the setup is skipped.

risk = |entry - stop|
skip if risk > 2.5 x ATR(14)
skip if spread > Max spread
skip if price is already > 5 pips beyond the Seed

Settings

InputTypeDefaultWhat it does
Serial KeyString(empty)Licence key from the member portal. Without a valid key the EA stays locked and neither opens nor manages trades.
Auto-ProfileBooleantrueAdds a magic-number offset for the chart symbol (US30, NAS100, GER40, GBPUSD, USDJPY, XAUUSD, EURUSD).
Session FilterBooleantrueRestricts new entries to the session window. Open runners are kept beyond it.
Session start / endString08:00 / 17:30Session window in broker server time (HH:MM).
Risk % sizingBooleantrueSizes each trade from the distance to its stop loss.
Risk % per tradeFloat1.0Percentage of balance risked per trade when risk sizing is on.
Fixed lotFloat0.10Lot size when risk sizing is off.
Max spread (pips)Float25.0No new order while the spread is wider than this.
Max slippage (points)Integer30Maximum slippage accepted on execution.
Magic numberInteger108150Identifies this EA’s trades. Auto-Profile adds a per-symbol offset.

Frequently asked questions

The open price of the bar that starts at 09:00 broker server time. Each day the EA looks for Seeds on one side of it.

All EAs →

The session opens. The rules are already set.

AIMS LOBOT EA is available for MetaTrader 4 and MetaTrader 5 to iTradeAIMS members.