Description
Breakfast in Canada EA
Introduction to Breakfast in Canada EA
The Breakfast in Canada EA for Metatrader 4 is a highly successful Forex robot specifically designed to capitalize on the New York trading session. This expert advisor employs a unique strategy by opening pending orders in both buy and sell trade directions at a 10 pip distance from the actual market price. Over an 11-month period, the Breakfast in Canada EA achieved an impressive gain of +134.18% with only a 12.57% drawdown, demonstrating its effectiveness and reliability.
Key Features and Benefits
The Breakfast in Canada EA comes with several built-in protections against maximum spread and slippage, ensuring that your trades are executed under optimal conditions. All open trades are secured by both stop loss and take profit orders, providing a robust risk management system. Additionally, the EA offers multiple customization parameters and settings, allowing traders to tailor the robot to their specific trading style and preferences.
This fully automated forex robot is typically sold for $200, but its performance and reliability make it a valuable addition to any trader’s arsenal. The Forex robot operates at specific time intervals at the beginning of the American session, making it ideal for traders who prefer automated systems that capitalize on market movements during these key periods.
Operational Mechanics
The Breakfast in Canada EA operates by opening pending orders every hour 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). This strategy is particularly effective during early morning or early lunchtime in Canada, aligning with the beginning of the American session when market activity is heightened.
Recommendations for Optimal Performance
To achieve the best results, it is recommended to run the Breakfast in Canada EA on a demo account for 2-5 weeks before transitioning to a live trading account. This allows traders to become familiar with the EA’s behavior and ensure consistent performance. Additionally, the following recommendations will help optimize the EA’s performance:
- Minimum account balance of 10,000 USD or a standard or equivalent cent account (100 USD).
- Works best on GBPCAD, EURCAD, USDCAD, or any other pairs where CAD is the second currency.
- Operates most effectively on H1 timeframes.
- To achieve stable results, the Breakfast in Canada EA should run 24/7. Using a VPS is recommended to ensure continuous operation.
Proven Results and Stability
The Breakfast in Canada EA has proven its reliability and effectiveness through rigorous testing and real-world application. Its ability to generate consistent profits with minimal drawdown makes it a valuable tool for traders looking to enhance their trading strategies. With its built-in protections, customizable settings, and robust risk management, this EA is designed to provide stable and profitable trading outcomes.
Conclusion
In conclusion, the Breakfast in Canada EA is an exceptional Forex trading robot that leverages the New York trading session to deliver impressive results. Its strategic approach, combined with built-in protections and customization options, ensures that traders can achieve consistent and profitable trading outcomes. By following the recommended guidelines and utilizing a VPS for continuous operation, traders can maximize the EA’s potential and enjoy a reliable and effective trading experience.
Feature | Details |
---|---|
Strategy | Opens pending orders in both buy and sell directions at a 10 pip distance from the market price. |
Performance | +134.18% gain in 11 months with a 12.57% drawdown. |
Protections | Built-in protections against maximum spread and slippage. |
Risk Management | All trades are secured by stop loss and take profit orders. |
Customization | Multiple parameters and settings for tailored trading. |
Operational Time | Runs at specific time intervals at the beginning of the American session. |
Recommendations | Minimum balance: 10,000 USD or equivalent cent account. Best pairs: GBPCAD, EURCAD, USDCAD. Best timeframe: H1. Use a VPS for 24/7 operation. |
admin (store manager) –
Great EA, recommended