Gangorra Risk EURUSD

📄 Description of EURUSD_Gangorra_Risk

EURUSD_Gangorra_Risk – M30 Countertrend Robot with Confluences and Risk Management by %

Overview

The EURUSD_Gangorra_Risk is a professional mean-reversion EA designed for EURUSD on M30 (it also works on other pairs/TFs with parameter adjustments).
It identifies touches/approaches of price at support/resistance zones (Donchian/Bollinger) and confirms entries through configurable confluences (RSI, stretch vs EMA in ATRs, countertrend bias on H1).
Risk management is complete: risk by % of “cash” (Balance/Equity/Free Margin), ATR-based SL/TP, Break-Even/Trailing, basket target (USD/%), short grid recovery, and controlled martingale.
Discipline is enforced with timeout rules, close/flip on opposite signal, cooldowns, and daily drawdown protection.

Key Features

✅ Signal Core (M30 Countertrend)

• Buys at supports (Donchian Low / Bollinger Lower) and sells at resistances (Donchian High / Bollinger Upper).

• Pip buffer and optional wick-touch (counts shadow touches).

• Confluences (minimum score configurable):

  • Bollinger Band re-entry (from outside back in);

  • RSI at extremes (buy ≤ RSIBuyMax; sell ≥ RSISellMin);

  • Stretch vs EMA measured in ATRs;

  • H1 countertrend bias (EMA50 as HTF filter).

✅ Risk Management by % of “Cash”

• Configurable source (Balance / Equity / Free Margin).

• Trade risk hard cap and volume locks (min/max/step).

• Optional micro-account rule (e.g. equity < $100 ⇒ min lot 0.01).

✅ Stops and Protections

• ATR-based SL/TP (independent multipliers) or fixed pips.

• Break-Even with lock and Trailing with configurable start/step.

✅ Basket, Recovery & Controlled Martingale

• Basket target by USD and/or % of cash: closes all symbol positions at target.

• Recovery (short grid): reinforcements spaced by GridStepPips, with cooldown and order limit.

• Controlled Martingale (factor & max multiplier), with optional reset on profit.

✅ Discipline & Safety

• DailyMaxDrawdownPct: automatic 12h pause at daily DD limit.

• Cooldown after consecutive losses; spread control; weekend block.

• New bar only (default) or intrabar entries with min delay.

✅ Smart Exits (Lifecycle)

• Timeout by TF bars or minutes.

• CloseOnOpposite: closes on opposite signal.

• FlipOnOpposite: optionally reverses position, recalculating SL/risk.

✅ Clear Logs

• Informative messages showing why entries/exits occurred, confluences reached, and protections applied.

How to Use

1. Attach the EA to the EURUSD M30 chart (one chart per symbol).

2. Adjust main parameters: minimum confluence, ATR (SL/TP), RSI extremes, trade risk, grid and basket target.

3. Define the cash source (Balance/Equity/Free Margin) and risk hard cap.

4. Optional: enable FlipOnOpposite, Recovery, and/or Martingale according to your risk profile.

5. Test in Strategy Tester (multi-years, forward 20–30%, broker’s real costs) before going live.

Recommended Initial Parameters (EURUSD M30)

• Minimum Confluence: 2

• RSI: Period 14 | RSIBuyMax 35 | RSISellMin 65

• EMA: 20 | HTF: H1 EMA50

• ATR: Period 14 | SL_ATR 1.6 | TP_ATR 2.0

• Risk per trade: 1.0–1.5% (with hard cap up to 3%)

• Recovery: GridStep 15 pips | Max 2 orders | Cooldown 120s

• Protections: BreakEven 8/lock 2 pips | Trailing start 10 / step 5 pips
  (Adjust according to broker conditions.)

Included Files

• EA EURUSD_Gangorra_Risk.mq5

• Default .set file (EURUSD M30) for quick start

⚠️ Notes

• Countertrend strategy: more trades in sideways markets, fewer in strong trends.

• Martingale/Recovery increase risk — use cautiously with daily limits.

• Past results do not guarantee future performance; always test on demo first.

• Compatible with hedging and netting accounts; uses MagicNumber.

✨ Automate countertrend entries with robust confluences and professional risk management on EURUSD M30 with EURUSD_Gangorra_Risk.