Golden Staircase
- Experts
- Version: 1.0
- Activations: 10
Product Description
Golden Staircase is a breakout Expert Advisor designed for MetaTrader 5. It identifies recent swing highs and lows on a selected timeframe, then places Buy Stop and Sell Stop orders to catch directional breakouts. Once a position is open, a trailing stop helps lock in profits as the move continues.
How It Works
On each new bar of the analysis timeframe, the EA scans recent price action to locate valid upward and downward break levels. When a level remains unbroken within the configured volatility window, a pending stop order is placed above the high (long) or below the low (short). Orders are updated when levels shift, and cancelled when the EA is removed.
Key Features
- Breakout entry with Buy Stop / Sell Stop pending orders
- Configurable analysis timeframe (default H4)
- Trade direction control: Both / Long only / Short only
- Flexible money management: Fixed lot, Fixed risk amount, Balance %, or Equity %
- Fixed initial stop loss + trailing stop with minimum modification distance
- Market session checks and open-delay protection to reduce “Market closed” errors
- Magic number isolation for multi-EA / multi-chart use
Recommended Use
- Symbols: Gold (XAUUSD) and other liquid instruments
- Timeframe chart: any (logic runs on the input analysis timeframe)
- Account: hedging or netting; sufficient margin for stop-order entries
- Always test on demo / Strategy Tester before live trading
Risk Notice
Trading involves risk of loss. Past performance does not guarantee future results. Use risk settings appropriate to your capital and risk tolerance.
