EurGbp CSZB EA
- Experts
- Version: 1.4
- Updated: 13 October 2026
- Activations: 5
<p><b>EURGBP Candle Zone EA</b> is a rules-based robot built for EURGBP. Each day it looks for a streak of four same-color H1 candles, draws a buy zone and a sell zone from that streak, and trades the breakout after a three-candle continuation. It works the same on any chart timeframe, because it always reads H1 data.</p>
<p><b>How it works</b></p>
<ul>
<li>Each new day, during the session window, the EA waits for the first four same-color H1 candles in a row. All four must open after midnight (server time), with no doji candles.</li>
<li>Two lines are drawn from that streak: the open of the 1st candle and the close of the 4th candle. The upper line is the demand line (buy side) and the lower line is the supply line (sell side).</li>
<li>When an H1 candle closes above the demand line, the buy side is armed. When it closes below the supply line, the sell side is armed.</li>
<li>After a breakout, the EA counts three consecutive same-color candles in that direction. Their bodies must stay clear of the zone line.</li>
<li>The first opposite-color candle close after that streak opens a market trade: three green candles then a red close = buy, three red candles then a green close = sell.</li>
<li>Maximum one trade per day. Everything resets at the start of the next day.</li>
</ul>
<p><b>Risk management</b></p>
<ul>
<li>Fixed take profit (default $2 for 0.01 lot). There is no stop loss, so a trade that does not reach its take profit stays open and can remain open for days. A new trade can open on a later day while an older one is still open. Choose your balance with this in mind.</li>
<li>Emergency exit: if the account's margin level falls below 200%, the EA closes its position before the broker's stop-out can happen. This protects against a stop-out, not against large losses.</li>
<li>No martingale, no grid, no averaging.</li>
<li>Free margin is checked before every order, and no trade is opened while the market is closed.</li>
<li>Lot size is set once per calendar year from your balance ($50 = 0.01 lot) and locked for that year. The take profit distance stays the same, so the profit per trade grows with the lot size. You can switch this off and use a fixed lot.</li>
</ul>
<p><b>Recommended setup</b></p>
<ul>
<li>Symbol: EURGBP</li>
<li>Chart timeframe: any (the EA uses H1 internally)</li>
<li>Lot size: 0.01 per $50 of balance, set once per year</li>
<li>Use a low-spread account and a balance large enough to carry open trades without a stop loss.</li>
</ul>
<p><b>Input parameters</b></p>
<ul>
<li><b>InpLots</b> - Fixed lot size (used only if compounding is off)</li>
<li><b>InpTPDollars</b> - Take profit in account currency for InpLots (default 2.0). The take profit distance stays the same when the lot size compounds</li>
<li><b>InpSessionStartHr</b> - Session start hour in broker server time, inclusive (default 0)</li>
<li><b>InpSessionEndHr</b> - Session end hour in broker server time, exclusive (default 16)</li>
<li><b>InpMagic</b> - Magic number identifying the EA's trades</li>
<li><b>InpDrawLines</b> - Draw the demand and supply lines on the chart</li>
<li><b>InpMinMarginLevel</b> - Margin level (%) below which the EA closes its position and will not open new trades (default 200, 0 = off)</li>
<li><b>InpUseCompounding</b> - true = lot scales with balance once per year; false = fixed lot</li>
<li><b>InpBalanceStep</b> - Balance bracket size in $ (default 50)</li>
<li><b>InpLotStep</b> - Lot added per bracket (default 0.01)</li>
<li><b>InpMinLotSize</b> - Minimum lot size</li>
</ul>
<p><b>Risk warning:</b> Trading leveraged products such as currency pairs involves a high risk of loss. This robot has no stop loss, and its position size grows with your balance. Past performance does not guarantee future results. Test on a demo account first and only trade money you can afford to lose.</p>
