Break of Structure Size Candle EA

Break of Structure (BOS) Momentum EA with Body Filter

Overview:

The Break of Structure (BOS) EA is an automated momentum trading strategy designed to capture strong market structure breakouts. To eliminate false breakouts (whipsaws) and long-wick rejections, the system incorporates a strict candlestick body ratio filter—ensuring trades are only executed when genuine institutional momentum drives the price.

Core Trading Rules:

• Candle Quality Filter: The breakout candle ( Bar 1 ) must possess a real body accounting for at least 70% of its total range (High to Low).

• Buy Entry: Triggers on a new candle open when Bar 1 is a strong bullish candle (body $\ge 70\%$) and its closing price ( Close[1] ) breaks strictly above the highest price of the last 10 historical candles.

• Sell Entry: Triggers on a new candle open when Bar 1 is a strong bearish candle (body $\ge 70\%$) and its closing price ( Close[1] ) breaks strictly below the lowest price of the last 10 historical candles.

• Execution Control: Trade evaluations occur exclusively on the open of a new bar to prevent intra-bar noise and order duplication.

Key Features:

• Adjustable Body Percentage Threshold: Easily fine-tune the minimum required body size (default: 70%) to adapt to different market conditions.

• Lot Size : adjustable Lot Size

• Built-in Risk Management: Includes configurable parameters for fixed Stop Loss (SL), Take Profit (TP) in pips, and maximum open orders.