Description
GBPUSD London Breakout (v2) is a fully automated cBot that trades the classic London-open range breakout on GBPUSD (H1). It measures the pre-London consolidation range, waits for a confirmed breakout within a defined window, and manages the trade with a fixed R-multiple take profit, a buffered stop loss, and an automatic breakeven move once the trade is far enough in profit. A daily-EMA trend filter is used to bias trade direction.
Backtested over 2 years 7 months on GBPUSD H1 (01/01/2024β16/08/2026, FxPro conditions, 500:1 leverage): 213 trades, 55.4% win rate, profit factor 1.03, ROI 22.35%. Maximum drawdown during the test was ~47β49% of account balance/equity β this is an aggressive strategy at the tested 5% (the default is 1%) risk-per-trade setting; buyers should reduce RiskPercent for a more conservative risk profile. Full historical replay report available on request/attached.
Recommended: hedging account, GBPUSD only, H1 timeframe. Past performance does not guarantee future results.
Summary
Trade management features include fixed risk-reward take profit targets, buffered stop loss settings, and an automatic breakeven adjustment once trades reach a defined profit level. The bot is optimized for hedging accounts and uses a fixed risk percentage model, with a default risk per trade of 1%, adjustable for different risk profiles.
Backtesting over 2 years and 7 months under FxPro conditions with 500:1 leverage yielded 213 trades, a 55.4% win rate, a profit factor of 1.03, and a total return on investment of 22.35%. The maximum drawdown observed was approximately 47β49% at a 5% risk setting, indicating an aggressive risk profile at higher risk levels.
The bot supports market orders and is intended for day trading with medium trade frequency. It includes risk management tools such as stop loss, take profit, breakeven management, session filters, and spread filters. Recommended minimum balance is $500.
