Description
Market Open EA for MT4 & MT5 – Free Session Breakout Trading Robot
FRZ Market Open Trading EA is a free, fully automated expert advisor that trades the sharp moves that often happen when the major forex markets open. It covers the Frankfurt, London, New York, Sydney and Tokyo opens, and you can switch each one on or off.
Shortly before each market open, the EA places a buy stop above the price and a sell stop below it. Whichever side the market breaks out to triggers its order, and the EA deletes the other one straight away (OCO – one cancels the other). If the market stays quiet and neither order is triggered within a few minutes, both are deleted and no trade is taken.
The order distance, stop loss and take profit follow the market’s current volatility instead of fixed pips, so they widen on busy days and tighten on quiet ones. The market open times – including every daylight saving change in Europe, the US and Australia – are worked out automatically, so there are no times to enter or adjust twice a year.
Video & Screenshots
The on-chart panel shows the next market open with a countdown, each market’s open time in broker, local and GMT time, and the live order distance, stop loss and take profit. Dotted lines mark every market open on the chart.
Key Features
- Trades the Frankfurt, London, New York, Sydney and Tokyo market opens
- Automatic market open times with daylight saving support
- Buy stop and sell stop with one-cancels-other logic
- Unfilled orders expire automatically after a few minutes
- Volatility-based order distance, stop loss and take profit
- Volatility-based spread filter
- Optional breakeven and trailing stop
- One trade at a time with a stop loss on every trade by default
- Clear on-chart panel with countdown to the next market open
- Market open lines drawn on the chart
- Works on any pair
- Free for MT4 and MT5 – no license needed
Who This EA Is For
- Traders who like session breakout and market open strategies
- Traders who want London and New York open trades without watching the clock
- Traders who want short, rule-based trades with a defined stop loss
- Beginners looking for a simple automated system to learn from
Not designed for traders who want trades held over many hours or days, or who expect guaranteed returns.
Technical Specifications
| Specification | Details |
|---|---|
| Product Name | FRZ Market Open Trading EA |
| Platform | MT4 & MT5 |
| Timeframe | M5 |
| Market | Forex |
| Supported Pairs | Any |
| Minimum Deposit | $200 recommended (cent accounts supported) |
For detailed specifications, refer to the User Manual.
Installation & Setup Guide
- Download the MT4 or MT5 version (free).
- Copy the EA file into the MQL4/Experts or MQL5/Experts folder and refresh the Navigator.
- Enable AutoTrading / Algo Trading – no license or WebRequest setup is needed.
- Attach the EA to a chart of the pair you want to trade (one chart per pair). The chart switches to M5 by itself.
- Choose which market opens to trade and your lot size.
- Run it on a VPS so it is online at every market open.
Full instructions: FRZ Market Open Trading EA User Manual
Recommended Broker & VPS
We recommend using a low-spread broker and a reliable VPS.
- Recommended Broker: IC Markets. If ICMarkets not available in your country, please use IC Trading.
- Recommended VPS Provider: Contabo VPS.
You may contact us on live chat in case you need any support in this regard.
Frequently Asked Questions
Is this Market Open EA free?
Yes. FRZ Market Open Trading EA is completely free for MT4 and MT5, with no license and no trial limits.
Does it work on MT5?
Yes. Both MT4 and MT5 versions are included – select your platform before downloading. On MT5 it works on hedging and netting accounts.
Which market opens does it trade?
Frankfurt, London, New York, Sydney and Tokyo. Each one can be switched on or off in the settings.
Do I need to change the times for daylight saving?
No. The EA knows the local open time of each market and applies the summer and winter time changes of Europe, the US and Australia – and your broker’s own clock change – automatically.
Does it use a stop loss?
Yes. Every trade has a stop loss and a take profit by default, both based on the market’s current volatility. Breakeven and a trailing stop are available as options.
Which timeframe and pairs should I use?
The EA works on the M5 chart of any pair and switches the chart to M5 by itself. Major pairs such as EURUSD and GBPUSD are the most active at the market opens.
Can I backtest it?
Yes. Run it in the MT4 or MT5 Strategy Tester on the M5 period and enter your broker’s winter time zone in the settings – the User Manual explains the steps.
Support & Updates
All paid customers receive:
✔ Free lifetime updates
✔ Access to detailed user manuals
✔ Free remote installation support for first installation
✔ AI-based technical support
✔ General live chat and email ticket support
✔ Discord user forum support
You may check out our full Support Policy for more details.
Risk Disclaimer
Trading in financial markets involves substantial risk and may not be suitable for all investors. Our software is provided “as is” without any guarantee of profit. You are advised to test thoroughly on demo accounts before trading live. Please review our full terms and conditions before purchasing.
Kurera K –
Works perfectly. Great support. I made $678 in a week with Asian market opens. Thanks for support
Sonam J –
It worked for me. London session worked best for me; can we have a news filter?
George J –
Does it trade automatically 24/5?
ForexRobotz –
Yes
Jasom –
What pairs are the best with?