Ashen Mirage Protocol AI

ENGLISH DESCRIPTION (MQL5 Standard Optimized)

Product Name: Ashen Mirage Protocol

[Subtitle: False Breakout Sniper | Bollinger Reversion | Prop Firm Ready]

Introduction Ashen Mirage Protocol is a specialized algorithmic trading system developed to capitalize on "False Breakouts" and "Liquidity Grabs" in the market. Unlike trend-following systems that often enter late, Ashen Mirage adopts a Contrarian approach. It waits for the market to overextend into extreme zones (The Mirage), identifies momentum exhaustion, and executes precision reversal trades exactly when price is rejected.

Trading Strategy & Logic The algorithm operates on a strict 3-phase protocol:

  1. Extension (The Trap): Monitors price deviation using expanded Bollinger Bands (Standard Deviation 2.5) to identify unsustainable market spikes (Bear Traps & Bull Traps).

  2. Exhaustion: Filters entry signals using a high-sensitivity RSI (Period 7) to confirm that the opposing momentum is fully depleted.

  3. Rejection: Executes a trade only when the candle closes back inside the bands, statistically confirming the breakout failure.

Key Features

  • Institutional Risk Management: Built-in Position Sizer calculates lot size based on USD Risk (e.g., Risk $50 per trade). No manual calculation needed.

  • Safety Architecture: 100% No Grid, No Martingale, No Averaging. Every trade is protected by a Hard Stop Loss and Take Profit.

  • Prop Firm Compliant: Designed to respect drawdown limits of funding firms (FTMO, MFF, etc.).

  • Ghost Dashboard: Features a non-intrusive on-chart panel displaying real-time Trap Status and Profit metrics.

Recommendations

  • Symbol: Volatile pairs work best (Gold/XAUUSD, US30, GBPUSD, GBPJPY).

  • Timeframe: M15 or H1.

  • Account Type: ECN/Raw Spread account recommended for best execution.

  • Minimum Balance: $200 (for 0.01 lots) or $1000+ for proper risk management.

Input Parameters Please check the following settings to customize the EA:

  • === 1. ASHEN RISK PROTOCOL ===

    • InpUseRiskUSD : Enable/Disable auto-lot calculation based on USD risk.

    • InpRiskUSD : Maximum monetary risk per trade (e.g., 50.0).

    • InpFixedLots : Fixed lot size if auto-risk is disabled.

    • InpRewardRatio : Target Risk-to-Reward ratio (Default: 2.0).

  • === 2. MIRAGE STRATEGY CORE ===

    • InpBandsPeriod : Period for Bollinger Bands (The Arena).

    • InpBandsDev : Deviation multiplier to define the Extreme Zone (Default: 2.5).

    • InpRSI_Period : Period for the fast RSI filter (Default: 7).

    • InpRSI_Overbought / InpRSI_Oversold : Levels to trigger reversal signals.

  • === 3. SAFETY & EXIT ===

    • InpSL_ATR_Mult : Stop Loss distance calculated by ATR.

    • InpUseTrailing : Enable dynamic Trailing Stop.

  • === 4. SYSTEM ===

    • InpMagicNumber : Unique identifier for the EA.

    • InpMaxSpreadPoints : Maximum allowed spread to avoid trading during news spikes.

Installation Guide

  1. Click Buy or Download Demo.

  2. Refresh your MT5 Navigator and drag the EA onto the chart (e.g., XAUUSD M15).

  3. Allow "Algo Trading" in the settings.

  4. Adjust InpRiskUSD according to your capital.

AUTHOR & COPYRIGHT

Astracodewolf – Algorithmic Trading Systems Developer © 2025. All algorithms and designs are the proprietary intellectual property of Astracodewolf.


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Bogdan Ion Puscasu
4.86 (506)
Présentation       Quantum Emperor EA   , le conseiller expert MQL5 révolutionnaire qui transforme la façon dont vous négociez la prestigieuse paire GBPUSD ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Achetez Quantum Emperor EA et vous pourriez obtenir Quantum StarMan  gratuitement !*** Demandez en privé pour pl
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Uttam Kumar Nandeibam
4.64 (11)
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Chen Jia Qi
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Gold Snap — Système de capture rapide des profits sur l’or Signal en direct : https://www.mql5.com/en/signals/2362714 Signal en direct 2 : https://www.mql5.com/en/signals/2372603 Plus que 3 licences disponibles au prix actuel. Le prix passera prochainement à 599 USD. Important : Après l’achat, veuillez nous contacter par message privé afin de recevoir le guide utilisateur, les paramètres recommandés, les notes d’utilisation et l’assistance pour les mises à jour. https://www.mql5.com/en/users/wal
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Simon Reeves
5 (7)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A dual-strategy gold EA that waits for the perfect shot. Live Signal:  https://www.mql5.com/en/signals/2375861 To preserve the market conditions that make this strategy effective, the price increases to $399 after the next 5 sales. Impulse is a momentum grid EA designed exclusively for XAUUSD, combining two independently developed entry strategies into a single unified grid framework. 2 momentum-based scalper strategies
Gold House MT5
Chen Jia Qi
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Nico Demus Sitepu
4.4 (5)
Only 10  copies left at current  price!,  Next Price 9 99 USD.   T he newest and powerful  Sharkyra  Gold  MT5  of Expert Advisors. My specifically designed to run on the XAUUSD/GOLD pair. Sharkyra  Gold   EA  is a fully automated trading system designed for traders who love speed, accuracy, and consistency. Built with a smart  logic  engine, this EA takes advantage of micro market movements and executes trades with lightning-fast precision making it perfect for volatile market sessions.   Shark
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