Candle Range Theories
- Experts
- Version: 4.0
- Activations: 5
TITLE: Candle Range Theories EA | Prop Firm Verified | 75% Win Rate | 2.05 Profit Factor | MT4
SHORT DESCRIPTION: Passed a $100,000 live prop firm account with under 1% drawdown. Verified on Myfxbook. 905 live trades. 75% win rate. This is not a backtest story.
FULL LISTING:
$5,009 profit. $100,000 live prop firm account. 0.98% max drawdown. 905 real trades.
Not a backtest. Not a demo. Verified live on Myfxbook.
Most EA sellers show you an equity curve from the Strategy Tester. This one shows you a passed $100k prop firm evaluation with nearly five thousand dollars in realised profit and a drawdown that never broke 1%. The account is public. The data is real. You can verify every single trade.
THE LIVE NUMBERS — NOTHING HIDDEN
$100k Prop Firm Account (Nov 2025 — Mar 2026)
- Total profit: $5,009 on a $100,000 account
- Max drawdown: 0.98%
- Total trades: 905
- Win rate: 75% (Longs 74% | Shorts 81%)
- Profit factor: 2.05
- Average trade length: 2h 29min
- Verified live on Myfxbook
Gold (XAUUSD) Live Account — 2026
- Win rate: 82% (both long and short)
- Profit factor: 3.57
- Year to date gain: +31.69%
- January 2026: +6.67%
- February 2026: +6.07%
- March 2026: +16.39%
- 137 trades, consistent across all market conditions
A profit factor of 3.57 means for every $1 lost, the system returns $3.57. Anything above 2.0 is considered strong by institutional standards. 3.57 on a live Gold account across multiple months is exceptional.
WHAT THIS EA ACTUALLY DOES
The entry model is built around liquidity imbalances and liquidity purges — the structural concepts used by prop desks and smart money operators. The system does not fire on a single signal. It waits for convergence across multiple independent conditions before entering any trade:
- Trend confirmed across at least two higher timeframes
- Market regime identified — trending, ranging, or volatile breakout
- Smart money structure confirmed — order blocks, liquidity pools, displacement
- Volume profile validated at key institutional price levels
- Intermarket correlation checked in real time
The result is a selective, high-quality trade flow. Not hyperactive. Not random. The 75% win rate and 2.05 profit factor across 905 live trades speaks to that directly.
40+ INSTITUTIONAL FEATURES — ALL TOGGLEABLE
This is not a rigid black-box system. Every feature can be turned on, turned off, or combined however you want. You are building your own architecture — not inheriting someone else's.
Market Analysis Engine
- Multi-timeframe trend alignment
- Market regime detection — adapts strategy parameters to current conditions
- Smart money concepts — order blocks, liquidity pools, displacement patterns
- Volume profile analysis — institutional footprints at key levels
- Adaptive intermarket correlation matrix
- COT sentiment integration — commercial and speculator positioning
- Machine learning pattern recognition — walk-forward validated
Risk Management — The Foundation, Not An Afterthought
- Portfolio heat management — hard cap on total open exposure
- Dynamic risk scaling — reduces after drawdown, scales during equity growth
- Kelly Criterion position sizing — calibrated to your actual win rate
- Real-time Value-at-Risk calculator
- Monte Carlo drawdown simulator
- Emergency circuit breaker — halts everything if equity drops critically
- Daily hard loss limits — no exceptions
- Equity drawdown protection — progressive reduction as drawdown builds
Trade Management
- Multi-stage profit lock system
- Dynamic trailing stop — adapts to volatility and momentum
- Fibonacci grid for scaling and targets
- Partial position scaling in and out
- Time-decay management — no dead capital in stagnant trades
- Phoenix Recovery Mode — conservative protocol after losing periods
Execution and Operations
- Slippage and execution quality monitor
- News filter — pauses around high-impact releases automatically
- Swap and carry cost optimiser
- Telegram notifications — live trade alerts and daily summaries
- Day-of-week and session time controls
- MAE/MFE tracking and R-multiple analysis
- Performance heatmap by session, hour, day, and pair
ONE EA. EVERY MARKET.
Forex. Gold. Indices. Crypto. Commodities. One installation. No compatibility issues. No buying separate tools for separate markets.
Custom set files included with every purchase. Message me with your preferred asset after buying and I will send optimised settings personally. Gold set files available immediately.
WHO THIS IS FOR
Traders who want institutional-grade tools without writing a single line of code. If you are automating a manual strategy, running a prop firm challenge, or building a systematic approach from scratch — this is the deepest, most flexible feature set available on MQL5 for MT4.
The 0.98% drawdown on a $100k live account is not an accident. It is the result of a risk management framework built as the foundation of this system — not bolted on as an afterthought.
MINIMUM REQUIREMENTS
- MetaTrader 4
- Recommended minimum balance: $1,000
- ECN or Raw Spread account type
- Hedging account type required
- VPS recommended for uninterrupted operation
BACKTESTING GUIDANCE Use tick data or M1 OHLC minimum. Set realistic spread and commission values matching your live broker. Test across multiple market regimes — not just one favourable period. Use the built-in Monte Carlo simulator to stress test results before going live.
Past performance does not guarantee future results. Forward test on a demo account before deploying live capital.
VERIFICATION Full trade history, equity curve, and statistics are publicly available on Myfxbook. Every number in this listing can be verified independently. No cherry-picked screenshots. No demo account data presented as live.
