Gold Basket EA

🦁 GOLD BASKET EA v1.0

Advanced 4-Candle Price Action Reversal Strategy with H1 S&R Filter

Profit Basket EA is a professional-grade automated trading system engineered for high-accuracy intraday trading and scalping on XAUUSD (Gold).

By merging a specialized 4-Candle Price Action Pattern (Mother Bar + Inside Bar + Breakout + Confirmation) with H1 Support & Resistance filtering, Profit Basket EA completely eliminates lower-timeframe noise and fakeouts—executing trades ONLY when high-probability institutional setups occur at key market structure levels.

🌟 WHY CHOOSE PROFIT BASKET EA?

  • 🛡️ 100% Pure Price Action: No lagging indicators, NO Martingale, NO Grid, NO Arbitrage, and NO dangerous Cost-Averaging. Every trade has a hard Stop Loss and Take Profit.

  • 🎯 Fixed 1:3 Risk-to-Reward Ratio: Mathematically designed for sustainable long-term account growth. Win rate efficiency is maximized by risking 1 unit to gain 3 units.

  • 🔍 Multi-Timeframe (MTF) Precision: Combines 1-Minute entry precision with 1-Hour macro support and resistance filters.

  • 🚀 Smart Trailing Stop: Dynamically trails your Stop Loss in real-time as the trade moves into profit, securing gains before market retracements.

  • 🔒 Account Equity Protection: Integrated profit targets and maximum loss limits to automatically protect your balance.

🧠 HOW THE STRATEGY WORKS

Profit Basket EA scans the market for a highly specific 4-candle reversal sequence:

  1. H1 Zone Detection: The EA identifies strong Support and Resistance levels from the 1-Hour chart.

  2. Candle 1 (Mother Bar): Sets the initial price range.

  3. Candle 2 (Inside Bar): A compression candle fully contained within the Mother Bar, signaling momentum exhaustion/pause.

  4. Candle 3 (Breakout Bar): Powerful momentum breakout through the Inside Bar and Mother Bar range.

  5. Candle 4 (Confirmation Bar): Final confirmation candle validating the institutional reversal direction.

  6. Execution: Enters a Buy at H1 Support or a Sell at H1 Resistance with strict 1:3 Risk/Reward.

⚙️ RECOMMENDED SETTINGS & SETUP

  • Symbol: XAUUSD (Gold)

  • Chart Timeframe: M1 (1-Minute). The EA automatically calculates H1 Support & Resistance internally.

  • Minimum Balance: $100 (Recommended $500+ for better risk management)

  • Account Type: ECN / Raw Spread / Low Spread Broker

  • Leverage: 1:100 or higher

  • VPS: Recommended for 24/7 low-latency execution.


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Impulse MT5
Simon Reeves
5 (15)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
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