GOLD Candle Entry EA

📈 GOLD Candle Entry EA – Smart Entries Based on Powerful Candles!

GOLD Candle Entry EA is a simple yet effective Expert Advisor designed for traders who want to capitalize on strong candle formations. It identifies high-momentum candles and places trades only when strict criteria are met — making it ideal for scalping and intraday trading strategies!

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🔍 Key Features:


Smart Candle-Based Entry:  
The EA scans the previous candle and only places trades when it detects strong body size and a favorable body-to-wick ratio — ensuring smarter, more confident entries.

Custom Trading Sessions:  
Built-in support for up to three configurable trading sessions — allowing you to control when the EA is active and avoid low-volume hours.

Automated Risk Management:  
Fully customizable Lot Size, Stop Loss, and Take Profit to align with your personal risk strategy.

One Trade Per Valid Candle:  
Prevents overtrading by ensuring that only one position is opened per valid candle, keeping your trading safe and controlled.

Clean & Lightweight Code:  
Developed in MQL5 using efficient and organized structure — easy to use, even for beginners.

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⚙️ Input Parameters:

- MinBodyPips – Minimum candle body size in pips PLEASE EDIT SETUP  (broker 3 digits >> 3000, 2 digits >> 300)
- MinBodyRatio – Minimum ratio of candle body to total candle size  
- StopLossPips & TakeProfitPips – Customizable SL & TP values  PLEASE EDIT SETUP (broker 3 digits >> 2000, 2 digits >> 200)
- LotSize – Fixed lot per trade  
- Trading Sessions – Up to 3 user-defined trading time windows

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🎯 Recommended Settings:

- Timeframes: M15 
- Pairs: XAUUSD / GOLD 
- Account Type: ECN or Raw Spread accounts preferred

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⚠️ Important Notes:

- Use with brokers offering low spread and fast execution.
- Always test on a demo account before using on a live account.
- This EA does not use martingale, grid, or averaging strategies.

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🕒 Daylight Saving Time Compatibility:

This EA is designed to operate accurately during Daylight Saving Time (DST).  
To ensure correct session alignment in your backtesting, please start testing from March 10, 2025, when DST begins.

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🧠 Ready to Let the Candles Speak for You?  
Deploy GOLD Candle Entry EA and automate your strategy with precision and clarity — powered by price action!

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Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, Blackbull, Fusion,
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