Trend Impulse Runner A xau

Product Description (MQL5 Market)

Name: EA XAU Trend Impulse Runner A (Modern) v1.20
Type: Expert Advisor (automated trading)
Instrument: XAUUSD (Gold)
Recommended timeframe: M15 (entries), with H1 trend filter

Overview

EA XAU Trend Impulse Runner A is an Expert Advisor for trend-following entries on XAUUSD using an H1 EMA trend filter and an M15 impulse candle trigger. The EA includes risk and execution safeguards designed for broker constraints (Stop/Freeze levels and filling modes) and provides trade management features such as break-even handling and optional trailing stop logic.

This product does not use DLLs and does not require external services.

Trading Logic (high level)

The EA checks the following conditions:

1. Trend Direction (H1)

   • Uses EMA(50) and EMA(200) to determine bullish or bearish trend direction.

   • Optionally requires the H1 close to be on the correct side of EMA(50) (parameter: RequirePriceSide).

2. Entry Trigger (M15)

   • Detects an impulse candle on the last closed M15 bar:

     • Candle body size must be at least ATR × multiplier.

   • Adds an optional entry buffer relative to the previous candle’s high/low to reduce accidental entries.

3. Order and Risk Controls

   • Trades are opened only if:

     • Spread is below a maximum (optional spread filter),

     • Daily trade limit is not exceeded,

     • Re-entry cooldown conditions are satisfied,

     • Optional “Master/Portfolio gates” are not blocking trading (global variables).

Stop Loss and Take Profit

• Stop Loss (SL): built from a combination of:

  • ATR-based baseline distance, and

  • M15 structure level (recent swing high/low with buffer).

  • A minimum absolute SL distance can be enforced.

• Take Profit (TP):

  • The EA supports a TP based on ATR multiplier.

  • It can also run as a “runner” with TP disabled (TP = 0), relying on management rules.

Trade Management

• Break-even (BE): optional BE movement once price reaches a defined multiple of initial risk (default: BE at 1R), with a configurable BE+ offset.

• Trailing after BE: optional trailing stop based on M30 candle wick logic with a buffer, applied only after BE conditions are met.

• Optional Hard Loss Cap (USD): if enabled, the EA can close a position if floating P/L reaches a configured negative USD threshold.

• Post-Entry Grace Period: a short grace period after entry can be used to avoid unwanted immediate management actions.

Execution and Broker Safety

• StopLevel/FreezeLevel awareness: SL/TP modifications are checked and adjusted to respect broker minimum distances.

• Filling mode fallback: attempts supported filling types (IOC/RETURN/FOK depending on broker).

• Deviation control: configurable slippage/deviation.

• Designed to operate with one symbol and one magic number per chart.

Portfolio / Master Gates (optional)

If enabled, the EA reads common global variables (e.g., MASTER_RISK_STATUS, MASTER_PORTFOLIO_FULL, MASTER_CLUSTER_METAL_LOCK) and blocks new trades when those gates indicate a lock state. This helps coordinate multiple EAs within a portfolio.

Inputs (main groups)

• Symbol / Magic / Timeframes

• Trend filter settings (EMA50/EMA200)

• Impulse trigger settings (ATR period, impulse multiplier, entry buffer)

• SL/TP configuration (ATR and structure parameters)

• Money management (fixed lot or risk-based sizing, lot cap)

• Trade management (BE, trailing, optional hard loss cap, grace period)

• Limits (max trades per day, re-entry cooldown)

• Execution & spread filter

• Master/portfolio gates

Recommended Setup

• Attach the EA to XAUUSD M15.

• Confirm the broker symbol name matches the EA input (e.g., “XAUUSD”).

• Keep AutoTrading enabled and allow algorithmic trading in terminal settings.

• Use a stable connection (VPS recommended for uninterrupted operation).

Important Notes

• Trading involves risk. This product is a tool that executes a defined rule set; it does not provide guarantees of profit.

• The EA’s behavior depends on broker conditions (spread, execution, symbol specifications) and market volatility.

• Before using on a live account, test the EA in the Strategy Tester and/or a demo environment with your broker’s settings.