Gold Burger

GOLD BURGER SCAN MODE EA

https://www.mql5.com/en/blogs/post/774613

GOLD BURGER is an automated Expert Advisor for MetaTrader 5 designed to analyze market conditions, identify trading opportunities and manage trades automatically.

The EA combines price action, candlestick patterns, market structure, chart confirmation and order-flow analysis. Instead of depending on a single signal, GOLD BURGER evaluates multiple market conditions before making a trading decision.

The price action engine recognizes trading patterns such as Engulfing, Morning Star, Evening Star, Hammer, Shooting Star, Harami, Tweezer formations, Marubozu, Inside Bar Breakout and other candle structures.

GOLD BURGER also analyzes market structure using concepts such as Break of Structure, Change of Character, Order Blocks, Fair Value Gaps, Liquidity Sweeps and Premium/Discount areas. These conditions provide additional information about the current direction and structure of the market.

The EA contains several internal chart confirmation methods including Heikin Ashi, Renko, Range Bars, Volume Profile, Market Profile, Footprint analysis, Line Break, Kagi and Point & Figure. These confirmations are used internally to evaluate the quality and direction of a trading setup.

A footprint-style order-flow engine analyzes recent price and tick-volume activity. It evaluates buy and sell pressure, imbalance, stacked imbalance, absorption and delta-related conditions. This information can be used as an additional confirmation before a position is opened and during trade management.

The Market Bias engine evaluates the current directional environment. It can work as a trading filter or participate in reversing the trading decision when the configured conditions are satisfied.

GOLD BURGER also contains a separate reversal engine that evaluates whether current market conditions continue to support the detected setup or show stronger evidence in the opposite direction.

The EA automatically calculates working market levels from recent price movement. An adaptive session-based calculation is also available to adjust these levels according to historical movement during similar trading hours.

Before opening a position, GOLD BURGER checks the confidence of the detected setup. If the available confirmations do not reach the configured confidence requirement, the trade is ignored.

Trading conditions are also checked before execution. The EA can evaluate the current spread, estimated trading cost, entry distance, available margin, risk limits, existing exposure and daily trading restrictions.

Position sizing can operate with a fixed lot or percentage-based risk calculation. Automatic symbol-based lot settings are also available. The final trading volume is adjusted according to the selected configuration and broker symbol specifications.

GOLD BURGER includes structure-based Stop Loss calculation and several position-management methods. Available management logic includes break-even protection, staged trailing, structure-following trailing, risk-based trailing, profit-step trailing, partial closing, de-risking and profit-lock management.

The EA can automatically adapt selected settings for M1 and M5 when the scalper profile is enabled. This allows the trade-management engine to use parameters intended for lower-timeframe operation.

GOLD BURGER also contains configurable account protection controls. Daily loss limits, total loss limits, risk per trade, margin usage, daily profit limits and Friday position management can be configured according to the user's trading requirements.

An optional high-impact news filter can restrict new entries around economic events using the configured blackout period.

Different account profiles are supported, including Standard, Raw, ECN, Pro and Funded/Prop configurations. Automatic account profile detection is also available.

The EA provides chart visualization to help users follow its operation. Trading information, signal arrows, calculated levels, synchronization levels and footprint-style information can be displayed directly on the chart.

GOLD BURGER also records diagnostic information when a trade is not taken. This helps identify whether a setup was rejected because of insufficient confirmation, spread, trading cost, risk restrictions, margin conditions, market bias, order flow or another enabled filter.

The EA maintains internal statistics for detected patterns and completed trades, allowing users to review how individual price-action patterns behaved during testing.

GOLD BURGER is designed to provide a complete automated trading process from market analysis and signal confirmation to order execution, risk control and position management inside MetaTrader 5.

Trading results depend on market conditions, broker specifications, spreads, execution and the selected settings. Test the EA in the MetaTrader 5 Strategy Tester and on a demo account before using it for live trading.