10 Pips Daily EUR/USD Forex Robot

Many traders like to place pending orders above and below the previous day high and low price.

This forex robot does the job for you. It places 2 pending orders: 1 order to buy the currency pair 2 pips above the previous day high price and another order to sell 2 pips below the previous day low price.

The default profit target for both pending orders is 10 pips. Take profit and stop-loss values can be changed using the EA inputs tab. It’s recommended to use this robot on the EUR/USD and GBP/USD pairs.

Trading Signals

Buy trade(s): EA opens a buy order if the price breaks 2 pips above the previous day high price and closes the trade for 10 pips.

Sell trade(s): EA opens a sell order if the price breaks 2 pips below the previous day low price and closes the trade for 10 pips.

Trading Preferences

Currency pairs: EUR/USD + GBP/USD

Best time frames: N/A

Trade time: The robot places 2 pending orders at 00.00 GMT. One order to buy and one order to sell.

Download

Download the Expert610_eng.mq4 forex robot.

Configurable Expert Advisor Options

Stop-loss, take profit, threshold, lot size, magic number,…

EUR/USD H1 Chart Example

daily-10-pips-breakout-forex-robot

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