Burning Teko Auto Trading Companion
- Experts
- Version: 1.12
- Updated: 9 October 2026
- Activations: 5
Burning Teko Auto Trading Companion is an Expert Advisor for MetaTrader 5 that combines a manual trading panel with three independent automatic strategies. Each strategy has its own ON/OFF button and its own Settings window, so you can run one, two or all three, trade by hand next to them, and change the parameters while the EA is running.
It is designed and tested on gold (XAU/USD) on the M15 timeframe.
The trading panel is OFF by default. With the panel OFF the EA only runs the automatic strategies and uses the "Default lot" input. To show the panel and trade manually, set the input "Show the trading panel on the chart" to true.
THE THREE STRATEGIES
1. BB Break Out (trend + Bollinger Bands)
- Trend filter: EMA 20 against SMA 200 on the chosen timeframe (default M15). In an uptrend it only buys; in a downtrend it only sells.
- Setup: the price moves beyond the Bollinger Band by a set distance.
- Entry: when the band curls back, within a set number of candles. If it does not curl, the setup is cancelled.
- Stop loss: placed beyond the nearest Woodie pivot level, with a minimum distance from the entry.
- Break-even: after a set profit distance, the stop loss is moved to the entry plus a profit buffer.
- Take profit in points, and a cooldown after a losing trade.
2. Market Break Out (session ranges with pending orders)
- Asia: marks the high and low of the Asia session, then places a Buy Stop above and a Sell Stop below the range.
- London: marks the London range and places the pending orders at the New York open.
- Prev Day: uses yesterday's high and low for today's breakout.
- When one side is triggered, the opposite pending order is deleted.
- Each session has its own hours, buffer, minimum and maximum range, stop loss (percent of range), take profit (multiple of range), lot, expiry hour, optional close by time, and trailing.
- The range is drawn on the chart. If a day is skipped (range too small, too big, price already outside), the reason is shown next to the range.
3. RSI Stoch Reversal (chart timeframe)
- Setup: a candle closes with RSI and Stochastic both overbought (default RSI 70 / Stoch 80) or both oversold (RSI 30 / Stoch 20).
- Entry: on the reversal confirmation candle, within a set number of candles.
- Stop loss: beyond the extreme of the setup, plus a buffer.
- Take profit: the opposite Bollinger Band at the time of entry, with a fallback of stop loss distance times a multiplier.
- Trailing as a percent of the take profit distance.
THE PANEL
- Live equity and floating P/L, server time and local time
- Position list with a Close button on every position, showing which strategy opened it
- Manual BUY, SELL, HEDGE, BUY STOP, SELL STOP, BUY LIMIT, SELL LIMIT
- Floating Hedge: a pending hedge order that follows the price each time you click
- Trailing Stop, Close Buy, Close Sell, Close All, Delete SL/TP
- Trading Summary: trades, wins, losses, win rate and net P/L per strategy
- Movable panel, adjustable font size
CHART TOOLS (all built in, no extra files)
- MA 200, EMA 20 and Bollinger Bands
- RSI + Stochastic sub-window
- Woodie Pivot Points
- Multi-timeframe table (M1 to D1) with RSI, Stochastic and trend
- Session lines for Tokyo, London and New York
- Nearest swing high and swing low lines
RISK CONTROLS
- Free margin is checked before every automatic order; if it is not enough, the trade is skipped.
- Lot size is normalised to the broker's minimum, maximum and step.
- Every strategy uses a stop loss.
- Default lot is 0.01. A strategy lot of 0 means "use the panel Lot Size".
HOW TO USE
1. Attach the EA to an XAUUSD M15 chart on a hedging account, or select it in the Strategy Tester with "Every tick" modelling and Visual mode.
2. Turn each strategy ON or OFF with its button on the panel.
3. Click Settings next to a strategy to change its parameters. Save applies them immediately.
4. Set the Lot Size on the panel.
Session hours are in broker SERVER time. Check your broker's server time zone and adjust the session hours in the inputs if needed.
MAIN INPUT PARAMETERS
- Default lot, SL, TP, magic number, panel position and font size
- BB Break Out: timeframe, BB period and deviation, EMA and MA periods, over-band distance, curl limit, SL, break-even, cooldown, TP, lot
- Market Break Out (Asia, London, Prev Day): enabled, range hours, expiry and close hours, buffer, min and max range, SL percent, TP multiple, lot, close by time, trailing
- RSI Stoch Reversal: overbought and oversold levels, max wait, SL buffer, max SL, fallback TP multiple, lot, trailing
- Session lines: Tokyo, London and New York hours and colours, server and local GMT offset
- Chart display: indicators, Woodie pivots, multi-timeframe table, bounce lines, candle colours
RISK WARNING
Trading gold and other leveraged instruments involves a high risk of loss. This Expert Advisor does not guarantee any profit. Backtest results, including those shown in the video and screenshots, cover a short period and do not guarantee future results. Test on a demo account first and only trade with money you can afford to lose.
