Price Action Queen
- Experts
-
Mike Wilson Namaru
Hi! I'm Mike, a passionate MQL5 developer and trader focused on building fast, accurate, and adaptive trading bots. I specialize in:
✅ Scalping & HFT strategies
✅ Signal-based EA development
✅ Custom indicator integration (EMA, MACD, RSI, ATR, etc.) - Version: 1.0
- Activations: 5
Price Action Queen - Intelligent(XAUUSD) Scalping EA
Technical Details
Symbol: XAUUSD
Timeframes: H1
Risk: 1% (adjustable)
Deposit: Min $300; Recommended $1,000+
Leverage: 1:50 or higher (1:100+ advised)
Account: ECN/RAW/Hedge or Netting
VPS: Recommended
Price Action Queen is a professional Expert Advisor designed for traders seeking intelligent automation combined with institutional-grade price action analysis. This system merges proven grid and pyramid strategies with sophisticated technical indicators to deliver consistent trading signals with precise entry and exit management.
Core Features
- Pattern Recognition: Detects pin bars, engulfing formations, inside bars, and outside bar breakouts with confirmation signals.
- Support & Resistance: Dynamic level detection analyzing 2,750 bars with 26-pip tolerance clustering for accurate key price identification.
- Smart Entry Filtering: Dual moving average trend analysis combined with ATR volatility measurement and RSI momentum confirmation.
- Grid Trading: Automatic position scaling with 49-pip spacing and 1.85x lot multipliers for controlled accumulation.
- Pyramiding System: Adds positions into winning trades at 97.5-pip intervals with 10.79x strategic multipliers.
- Trailing Stop Protection: Dynamic profit protection activating at 26 pips with 33.5-pip step adjustments.
Money Management Inputs
- Initial Risk: 2.3% per trade (customizable 0.1% to 5%)
- Maximum Account Risk: 14.5% total exposure limit
- Minimum Lot Size: 0.01 contracts
- Maximum Lot Size: 0.03 contracts
- Auto Lot Sizing: Enabled (adjusts automatically based on account equity)
- Minimum Profit Target: $50 (closes all positions when reached, 0 to disable)
Grid & Pyramiding Settings
- Grid Levels: Maximum 2 levels per position
- Grid Step Spacing: 49 pips between entries
- Grid Multiplier: 1.85x lot increase per level
- Pyramid Levels: Maximum 2 levels
- Pyramid Step Spacing: 97.5 pips between additions
- Pyramid Multiplier: 10.79x lot scaling
- Enable Hedging Grid: Off (can be enabled for two-way trading)
Scalping Parameters
- Minimum Profit Edge: 10.5 pips to qualify for exit
- Target Profit: 118 pips per scalp
- Stop Loss: 2,430 pips maximum loss per position
- Trailing Start: 26 pips profit threshold before trailing activates
- Trailing Step: 33.5 pips between trailing adjustments
- Use Breakeven: Disabled (optional feature)
Indicator Configuration
- Fast Moving Average Period: 37 (EMA)
- Slow Moving Average Period: 175 (EMA)
- ATR Period: 32 bars
- ATR Multiplier: 2.85 for volatility measurement
- RSI Period: 127 bars
- RSI Oversold Level: 234
- RSI Overbought Level: 623
Price Action & Support/Resistance
- Use Price Action: Enabled (pattern confirmation)
- Use Support/Resistance: Enabled (level detection)
- Support/Resistance Lookback: 2,750 bars
- S/R Tolerance: 26 pips
- Require PA Confirmation: Enabled (strict entry validation)
What's Included
- Pre-configured setup files for conservative, moderate, balanced, aggressive, and ultra-aggressive trading profiles
- Comprehensive parameter documentation with detailed explanations
- Visual chart display showing entry, stop loss, and take profit levels
- Real-time position monitoring with automatic grid and pyramid management
Important: This EA is optimized specifically for XAUUSD and results may vary on other instruments. Past performance does not guarantee future results. Always test on a demo account first. Recommended minimum account size is $500 for proper position sizing with appropriate risk management.
