DipRip

One Trade a Day. One Window. One Clean Signal.

Rheon Gold Session Scalper is a disciplined, session-based rejection scalper built around a single idea: don't overtrade the market — wait for one high-quality "yellow line" rejection inside the highest-liquidity window of the day, take it, and walk away.

No grids. No dashboards cluttering your chart. No chasing every candle. Just one well-defined setup, once per day.

How It Works

• The Signal (Yellow Line Rejection): The EA tracks the most recent swing high/low on your chosen entry timeframe. A trade only triggers when price pierces that level with a wick and then closes back inside it — a classic liquidity-sweep rejection pattern, filtered against ATR to screen out weak, noisy wicks.
• The Bias Filter: A higher-timeframe structure read (higher highs/higher lows vs. lower highs/lower lows) confirms trend direction before any entry is allowed, keeping trades aligned with the dominant move.
• The Session: Trading is restricted to a configurable window — by default the London/New York overlap — because that's where the volume and follow-through live. Outside the window, the EA simply watches.
• The Limit: Once a trade is taken, the EA stands down for the rest of the trading day, win or lose. New day, new single opportunity.

Key Features

• ✅ True one-trade-per-day logic — resets automatically on the GMT calendar day
• ✅ 24 individual hourly toggles — go beyond a simple start/end window and hand-pick exactly which hours are allowed to trade, based on your own performance review
• ✅ Point-based risk sizing — every distance (stop-loss buffer, min/max SL, spread cap) is measured in raw points rather than pips, so sizing stays accurate regardless of your broker's quoting convention
• ✅ ATR-filtered entries — rejection wicks must clear a minimum size relative to volatility before a signal counts, cutting out low-conviction noise
• ✅ Adaptive lot management — choose to de-risk automatically after a loss (default, recommended) or scale up within a capped ceiling; a win always resets sizing back to full
• ✅ Equity drawdown circuit breaker — new entries pause automatically if equity falls too far below its peak, and resume only once recovery reaches a safer threshold
• ✅ Smart trailing stop — activates once open profit clears a configurable multiple of the trade's own risk, then trails price to lock in gains without ever loosening
• ✅ Optional max holding time — force-close any position that overstays its welcome, regardless of P&L
• ✅ Built-in margin protection — automatically sizes down (or skips cleanly) if free margin can't support the intended lot, instead of sending an order destined to fail
• ✅ Clean, minimal chart footprint — simple yellow-line visual reference only, no overlay dashboards

Risk Management Built In, Not Bolted On

Rheon Gold Session Scalper treats capital preservation as a first-class citizen:

• Spread and slippage caps prevent entries during unfavorable conditions
• Commission is factored directly into the reward target so real net RR holds up after costs
• Broker stop-level and freeze-level distances are respected automatically to avoid rejected orders
• Every safety check (margin, drawdown, spread) is a hard gate — if conditions aren't right, the EA simply does nothing

Who This Is For

Traders who want a rules-based, low-frequency approach — one clear setup per day rather than constant intervention — and who value transparency in exactly why a trade did or didn't fire.

Recommended Use

• Primary instrument: XAUUSD (Gold) — sizing and defaults are tuned for gold's point structure
• Entry timeframe: M15, with H4 used for directional bias
• Recommended: run on a demo account first to confirm your broker's stop-level, spread, and tick-size behavior align with the default inputs

Past performance in backtests does not guarantee future results. As with any automated trading system, use appropriate risk management and test thoroughly before deploying on a live account.