Biswas
- Experts
- Version: 1.0
- Activations: 5
Biswas (Only for Gold) is a trend-following automated trading system for MetaTrader 4, built around a calm, disciplined breakout strategy on Gold (XAUUSD). It is designed for traders who want structured, rule-based entries with tightly controlled risk rather than chasing every market move.
Core Trading Logic:
The EA trades the breakout on XAUUSD, entering only when price confirms a genuine directional move — not on every minor spike. The goal is to capture meaningful trend continuation while keeping Stop Loss distances small and controlled ("calm SL"), so a single loss never derails the account.
The entry criteria require three main conditions:
- Breakout — a confirmed break-out
- Fixed SL/TP — every trade opens with a predefined Stop Loss 1-2% and Take Profit 2-5%, so risk is known before the trade is placed
- Break-Even + Trailing Stop — once a trade moves into profit, the EA can lock in gains at Break-Even and then trail the Stop Loss to protect further profit as the trend develops
Risk and Trade Management:
- Choose between Risk 1-2% of equity or a Fixed Lot Size per trade
- A hard maximum lot cap prevents position sizing from ever growing beyond a safe limit, even in high-equity accounts
- Maximum Spread filter blocks entries during abnormal spread widening (e.g. news spikes or low-liquidity hours)
- Maximum open orders and maximum trades per direction keep exposure controlled — the EA will never stack unlimited trades
- News blackout window (optional) pauses new entries around high-impact news times
- Automatic Friday close flattens all trades and pending orders before the weekend to avoid gap risk
- All orders are tagged with a unique Magic Number, so Biswas never interferes with other EAs or manual trades on the same account
Recommended Setup:
- Symbol: Only XAUUSD / Gold (all common broker suffixes supported, e.g. XAUUSDm, XAUUSD.a, XAUUSD.ecn, GOLD)
- Timeframe: M15, 1Hour
- Minimum deposit: $1000
- Works with any ECN or standard broker; no martingale, no grid, no dangerous averaging
Biswas is built for traders who prefer discipline over aggression — small, controlled risk per trade with a clear rule-based process, rather than relying on luck or oversized positions.
