RIP 20 Price Action Rest and Go

RIP #20  Price Action Rest and Go

1. Trading Signal: RIP #20 Price Action Rest and Go  This system detects continuous patterns from three consecutive candlesticks, and uses EMA to confirm trend direction:
  • Buy Entry: Green → Red → Green candle + closes above EMA → Place Buy 

  • Sell Entry: Red → Green → Red candle + closes below EMA → Place Sell 

 2. Signal Filters for Accuracy
  • EMA Trend Filter: Trade in trend direction only (Buy above EMA, Sell below EMA)

  • ADX Filter: Skip trades if ADX < 10 (low volatility)

  • Spread Control: Avoid high-spread conditions

  • EMA Distance Check: No trades when price deviates excessively from EMA

 Core Features of the EA
  1. Timeframe Flexibility: Supports M1 to H4 with filter customization

  2. Risk Management: Lot size based on capital, Max Drawdown control

  3. Adjustable SL & TP: Supports user-defined Risk:Reward ratios (e.g. 1:2, 1:3)

  4. Trailing Stop Mechanism: Locks profits as price trends in your favor

  5. 24/7 Automation: No need for screen monitoring, great for passive trading

Recommended Usage
  • Platform: MetaTrader 4/5 (MT5 recommended)

  • Timeframe: M30, 6 set files available for M1, M5, M15, M30, H1 and H4

  • Currency Pair: XAUUSD (Gold vs USD)

  • Minimum Capital: $100 (>$1,000 recommended)

  • Broker: Reliable with low spread

 Limitations:

  • This is trend following strategy, which may have drawdown while side-way chart.

 EA Parameter Summary

Core Strategy

  • TimeFrame = 30 Minutes

  • EMA_ Period= 310

  • Candle1_size_pips=268 

  • Candle2_size_pips=34 

  • Candle3_size_pips=94 


Signal Filters

  • Spread = 50

  • ADX_Period = 32

  • ADX_Score = 11

  • Distance_near_EMA = 13200

  • Distance_far_EMA = 180

Risk Management

  • Lot_Devided = 200,000

  • SL = 1800 pips / TP = 1610 pips

  • Trailing Stop = 1140 pips / Step = 100 / Start = 1580

Advanced Options

  • On_Recovery = false

  • Consecutive_losses = 2

  • Recovery_Lot = 2.0

Example Lot Size Calculations
  • Capital $10,000 → 10,000 / 200,000 = 0.05 Lots

  • Capital $1,000 → 1,000 / 100,000 = 0.01 Lots

  • Capital $100 → 100 / 200,000 = 0.01 Lots (rounded up)

Precision order execution for high-probability trend—fully automated.


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Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
SixtyNine EA
Farzad Saadatinia
4.43 (7)
SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin
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Price Action Stochastic indicator 1. Utilizing the Stochastic Indicator Signal This system detects crossover signals from the Stochastic Indicator within specific thresholds and uses the EMA (Exponential Moving Average) as a trend filter to identify high-probability entries: Buy Entry: When Stochastic Main < 20, crosses above the Signal line, and price is above EMA → Enter Buy Sell Entry: When Stochastic Main > 80, crosses below the Signal line, and price is below EMA → Enter Sell 2. Signal Filt
Price Action Strategy: Slope EMA 1. Utilizing Slope of EMA as a Signal This system monitors the slope of the Exponential Moving Average (EMA), waiting for price breakout from consolidation before confirming trend direction: Buy Entry: When the EMA slope turns positive and price is above the EMA Sell Entry: When the EMA slope turns negative and price is below the EMA  2. Signal Filters for Precision EMA Filter: Buy only above EMA, Sell only below EMA ADX Filter: Avoid entries if ADX < 10 (low tre
Reversal Price Action Strategy: Long Wick 1. Long Wick Reversal Candle Signal This EA strategy is based on long wick candlestick patterns—indicating strong market rejection or momentum shift: Buy Entry: Bullish candle with long lower wick + closes above EMASell Entry: Bearish candle with long upper wick + closes below EMA  2. Signal Filtering for Accuracy EMA Filter: Buy above EMA, Sell below EMA ADX Filter: No trade if ADX < 10 (low trend strength) Spread Control: Avoid trades during high spre
Price Action Strategy: 2 Candles 2 EMAs Pending 1. Trading Signal: 2 Candles 2 EMAs Pending This system detects reversal patterns from two consecutive candlesticks, and uses dual EMAs (fast and slow) to confirm trend direction: Buy Entry: Red → Green candle + closes above fast EMA → Place Buy Limit Sell Entry: Green → Red candle + closes below fast EMA → Place Sell Limit 2. Signal Filters for Accuracy EMA Trend Filter: Trade in trend direction only (Buy above EMA, Sell below EMA) ADX Filter: Ski
Price Action Strategy: Waterfall Pending 1. Waterfall Candle Signal Strategy This strategy detects large momentum candles—those significantly larger than the previous—and places pending orders in the direction of the expected continuation, confirmed by EMA: Buy Entry: Strong downward candle + price above EMA → Place Pending Buy Limit/Stop Sell Entry: Strong upward candle + price below EMA → Place Pending Sell Limit/Stop 2. Signal Filters for Accuracy EMA Filter: Trade in trend direction only (Bu
Strategy Mark #1: Scalping Martingale 1. Trading Signal with EMA (Exponential Moving Average) This strategy uses the EMA 50 on the 1-minute chart to filter trend direction and execute trades accordingly: Buy Entry: When a candle closes above EMA → Enter Buy Sell Entry: When a candle closes below EMA → Enter Sell  Includes a Trailing Stop system with independent logic for Buy/Sell to protect profits.  2. Smart Martingale Recovery System To avoid reckless recovery entries, the system only places
Mushroom: Multi-Level Bi-Directional Strategy1. Strategy Overview: Multi-Level Bi-Directional This strategy aims to capture profits by anticipating the direction of the market. Normally, price moves in a trending direction, so trade entries are placed as follows: Buy Stop: Expecting the price to continue rising Sell Stop: Expecting the price to continue falling However, because the market can move in either direction, the system is designed to ensure profits regardless of the trend. This is achi
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