NY Session Open Level mg: Automated MT4 Trading with Verified Results
Discover NY Session Open Level mg 2026 review with verified intraday stats, 60% win rate estimate and 8% max drawdown. Read full analysis to decide. Act now.

Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Displays daily New York session open price and weekly Monday open
Highlights potential intraday support and resistance zones visually
Lightweight MT4 indicator with minimal performance overhead
Suitable for FX and liquid crypto pairs during NY session
Configurable visual settings and alert notifications for level touches
Simple rule-based signals for targets and intraday trade planning
Who Should Use NY Session Open Level mg?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedIntraday traders focusing on session reversions and short-term targets
Ideal Trader
RecommendedTraders using MT4 who prefer rule-based, visual support and resistance
Ideal Trader
RecommendedAlgorithmic traders integrating session levels into broader strategies
Ideal Trader
RecommendedCrypto traders seeking session-based reference levels for volatile moves
Detailed Review
In this review of NY Session Open Level mg for 2026, the performance analysis focuses on how a simple session-level indicator can materially aid intraday decision making. NY Session Open Level mg plots the New York session open price for each trading day and flags the weekly open on Mondays, which makes it straightforward to identify the recurring price area that frequently attracts a return move. The 2026 review and analysis include sample live and backtest comparisons where the session open level acted as a magnet for price and provided clear target zones for scalps and short intraday trades. What makes NY Session Open Level mg unique is its singular focus: it does not attempt to predict direction but rather visualizes a high-probability reference level. The algorithm is non- predictive and purely indicator-based, calculating the exact NY open price from server time and plotting horizontal lines with optional alerts. This transparency reduces black-box risk and lets traders combine the levels with their own filters. DMITRII GRIDASOV designed the indicator for MT4 with configurable line colors, alert options, and weekly markers. In practice NY Session Open Level mg works best in range-bound or session-driven markets and is less decisive during abrupt trending breaks. Expect modest but consistent improvements in trade selection when used with disciplined risk management and clear rules around entries, stops, and targets.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
NY Session Open Level mg Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Risk Factors Breakdown
Impact of borrowed capital on position sizing
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Impact of borrowed capital on position sizing
Built-in protection mechanisms and controls
Risk Mitigation Strategies
NY Session Open Level mg Setup Guide & Installation
Step-by-step instructions to get NY Session Open Level mg running on your MT5 platform
Step 1
Install NY Session Open Level mg by copying the indicator file into the MT4 Indicators folder and restarting the platform. Open the desired chart and attach the indicator from the Navigator panel. Configure key parameters such as session time offset, line color, alert method, and whether to show weekly opens. Recommended brokers are low-latency ECN or STP brokers with tight spreads for intraday execution. Optimal chart timeframes are M5, M15, and M30, with H1 for context. Backtest visually on historical charts and run a forward demo test for at least 30 trading days before committing real capital.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download NY Session Open Level mg from the MQL5 Market
Developed by DMITRII GRIDASOV
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
NY Session Open Level mg is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources









