KTA Gold XAUUSD

All Candlestick EA is a fully automatic Price Action Expert Advisor based on pure candlestick psychology. No indicators, no repaint, no martingale - Only Pure Price Action.

It scans the market and finds high-probability candlestick reversal and continuation patterns on any timeframe and executes trades with strict risk management.

STRATEGY LOGIC:

1. Detects 30+ Powerful Candlestick Patterns:

   • Reversal: Hammer, Hanging Man, Shooting Star, Inverted Hammer, Pin Bar, Engulfing Bullish/Bearish, Dark Cloud Cover, Piercing Line
   • Indecision: Doji, Gravestone Doji, Dragonfly Doji
   • Continuation: 3 White Soldiers, 3 Black Crows, Inside Bar, etc.
   • Star Patterns: Morning Star, Evening Star

2. Confirmation Filter: The EA will only take a trade if the pattern is formed at a key Support/Resistance zone and is confirmed by trend filter.[Optional]

3. Execution: Automatic Buy/Sell with Stop Loss and Take Profit based on candlestick high/low.

KEY FEATURES:

• All Patterns In One EA: You can enable/disable any pattern.
• Works On All Pairs & Timeframes: Best on M15, M30, H1, H4. Works on Forex, Gold, Crypto, Indices.
• Smart Risk Management: Fixed Lot, Auto Lot by % of Balance, Risk Per Trade, Max Spread Filter.
• Advanced Exit System: Fixed SL/TP, Auto SL based on Candle High/Low, Trailing Stop, Breakeven + Trailing.
• No Dangerous Strategies: NO Martingale, NO Grid, NO Hedging. One trade at a time.
• Full Control: Customizable SL, TP, Magic Number, Trading Hours, Monday to Friday Filter, News Filter.
• Alert & Notification: Push Notification to Mobile, Email Alert.

INPUT PARAMETERS:

• Lot Mode: Fixed / Auto Risk %
• Risk Per Trade: 1-2%
• Stop Loss: 50-200 pips / Auto
• Take Profit: 100-300 pips / Auto (1:1.5 or 1:2 RR)
• Enable Pin Bar: True/False
• Enable Engulfing: True/False
• Enable Doji Filter: True/False
• Use Trailing Stop: True/False

RECOMMENDED SETTINGS:

• Balance: Minimum $200
• Leverage: 1:100 or more
• Timeframe: H1 and H4 gives best accuracy
• Pair: EURUSD, GBPUSD, XAUUSD, USDJPY

3. RISK FACTOR & DISCLAIMER - VERY IMPORTANT

You MUST add this to your EA description to look professional and to protect yourself.

RISK DISCLOSURE & RISK FACTORS:

Trading Forex, Gold and CFDs involves substantial risk of loss and is not suitable for all investors.

1. Market Risk: Past performance of candlestick patterns does not guarantee future results. The market can be irrational during News events (NFP, CPI, Interest Rate). Always use News Filter.

2. Risk Per Trade Factor: This EA uses a fixed Stop Loss for every trade. We highly recommend NOT risking more than 1% to 2% of your account balance on a single trade. If you use high lot size, your account can get margin call.

3. Broker Risk: Different brokers have different spreads, slippage, and execution speed. High spread during volatile market can cause SL hit earlier. Use an ECN / RAW spread broker with low latency.

4. Over-Optimization Risk: Do not over-optimize the EA for historical data. Use default settings which are tested on long-term history.

5. Volatility Risk in XAUUSD / Crypto: Gold and Crypto pairs are highly volatile. Reduce your lot size by 50% when trading XAUUSD.

WARNING: I am not responsible for any losses incurred using this EA. Use it first on a DEMO account for at least 2 weeks. Trade at your own risk.