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Bright EA

Demo downloaded: 12

Published: 11 August 2026

Current version: 1.0

Bright EA

Experts
Bright Eghosa Aghimien
Bright Eghosa Aghimien
Nigeria

159
Version: 1.0
Activations: 5

BRIGHT EA is an automated Expert Advisor for MetaTrader 5 designed to trade price-structure setups using fair value gaps, retests, rejection confirmation, and break of structure.

The EA was built primarily for XAUUSD on the M3 timeframe. It focuses on structured entries rather than grid, martingale, arbitrage, or news trading.

Main logic:

- Detects fair value gap areas

- Waits for price to retest the zone

- Looks for rejection confirmation

- Confirms break of structure before entry

- Manages trades using cash-based break-even and trailing protection

Risk and management features:

- Configurable max risk per trade

- Cash-based break-even trigger

- Cash-based trailing drawdown

- Optional daily drawdown limit

- Optional daily consistency target

- Designed for VPS use

Recommended setup:

- Symbol: XAUUSD or broker gold equivalent

- Timeframe: M3

- Use the included default settings first

- Test in Strategy Tester and demo before live trading

Important:

This EA does not use martingale or grid recovery. Trading involves risk, and results can vary depending on broker conditions, spread, slippage, execution speed, account type, and market behavior. Always test the EA with your own broker before using it on a live account.

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Bright Eghosa Aghimien