PowerCandle Scalper XAUUSD
- Experts
- Hasan Tareq Hasan Al-rubaye
- Versione: 1.0
- Attivazioni: 5
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POWERCANDLE SCALPER EA | XAUUSD M15 | EMA + RSI + Session Filter
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OVERVIEW
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PowerCandle Scalper is a fully automated Expert Advisor engineered
specifically for XAUUSD (Gold) on the M15 timeframe. It identifies
high-probability scalping entries by combining three powerful layers
of confirmation: candle body strength analysis, dual EMA trend
filtering, and RSI momentum validation — while trading exclusively
during the most liquid market sessions.
The core idea is simple but effective: only enter the market when a
genuinely strong, momentum-driven candle appears in the direction of
the trend and at the right time of day. No guessing. No random
entries. Every trade is backed by multiple independent confirmations.
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HOW IT WORKS — THE POWER CANDLE LOGIC
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The EA uses a proprietary "Candle Power Score" system to evaluate
each closed M15 candle:
✦ Body Ratio — candle body must be ≥ 50% of total range
✦ Wick Ratio — upper/lower wicks must be ≤ 42% of total range
✦ ATR Multiplier — candle size must exceed minimum ATR threshold
to confirm real momentum (not noise)
A candle that passes all three filters is classified as a "Power
Candle" — a candle that institutions and professional traders act on.
The EA enters only on confirmed closed candles (no premature entry on
unclosed bars).
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ENTRY CONDITIONS — ALL MUST BE MET
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✔ Power Candle confirmed (body ≥ 50%, wick ≤ 42%, size ≥ ATR)
✔ Price above EMA 50 AND EMA 200 → BUY signals only
✔ Price below EMA 50 AND EMA 200 → SELL signals only
✔ RSI within valid momentum range (not overbought/oversold)
✔ Active trading session (Asia / London / New York — configurable)
✔ Spread below maximum allowed threshold
✔ Maximum open positions not exceeded
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TRADE MANAGEMENT — INTELLIGENT & AUTOMATIC
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► Stop Loss — Placed below candle low (BUY) or above candle
high (SELL), with ATR-based buffer
► TP1 (1:1 RR) — First target at 1x risk distance.
On hit → SL automatically moves to Break Even,
protecting all remaining profit
► TP2 (1:2 RR) — Main target at 2x risk distance.
Position runs with trailing stop active
► Break Even — Triggered automatically when TP1 is reached,
locking in a risk-free trade
► Trailing Stop — Activates after a configurable profit distance,
dynamically follows price to maximize gains
while protecting open profit
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RISK MANAGEMENT — CAPITAL PROTECTION FIRST
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► Dynamic lot sizing based on % risk per trade (default: 1%)
► Maximum SL distance cap (prevents oversized stops)
► Maximum simultaneous open trades limit
► Maximum spread filter (protects against wide-spread entries)
► Fully adjustable RR ratios, trailing distances, and BE trigger
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SESSION CONTROL — TRADE ONLY WHEN GOLD MOVES
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Gold (XAUUSD) has clear high-liquidity windows. PowerCandle Scalper
trades only during these windows:
🌏 Asia Session — 22:00 – 09:00 GMT
🌍 London Session — 08:00 – 17:00 GMT
🌎 New York Session — 13:00 – 21:00 GMT
Each session can be individually enabled or disabled. GMT offset is
fully configurable to match your broker's server time.
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LIVE DASHBOARD
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A built-in real-time dashboard displays:
● Current signal status ● Active session
● Total / Win / Loss trades ● Daily P&L
● Spread & ATR readings ● EMA trend direction
● Last candle power score ● Account balance & equity
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KEY SPECIFICATIONS
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Symbol : XAUUSD (Gold)
Timeframe : M15 (recommended)
Broker type : ECN / Raw Spread (low spread recommended)
Min. deposit : $500 (recommended $1,000+)
Lot sizing : Dynamic — % risk based
Max spread : 35 points (configurable)
Indicators : EMA 50, EMA 200, RSI 14, ATR 14
VPS : Strongly recommended for 24/5 operation
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RECOMMENDED SETTINGS (DEFAULT)
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Risk % : 1.0
Min Body Ratio : 0.50
Max Wick Ratio : 0.42
TP1 / TP2 : 1:1 / 1:2
Trailing Start : 150 points
Trailing Dist : 100 points
Break Even : Enabled
Sessions : London + New York (recommended)
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IMPORTANT NOTES
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⚠ Past performance does not guarantee future results.
⚠ Always test on a demo account before going live.
⚠ Use a VPS for uninterrupted 24/5 operation.
⚠ Ensure your broker offers low spread on XAUUSD (≤ 20 pts ideal).
⚠ Set GMT offset correctly to match your broker's server time.
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PowerCandle Scalper v1.0 | Professional Edition
Designed for serious traders who demand precision over quantity.
Disclaimer: This automated trading software is provided "AS IS" without warranties. Trading involves risk of capital loss. Past performance does not guarantee future results. User assumes full responsibility.
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