OneShot Prop Trader

OneShot Prop Trader is a fully automated Expert Advisor built specifically for trading XAUUSD (Gold) on the H1 timeframe. It is engineered to enforce strict trading discipline, eliminating common emotional pitfalls such as overtrading, revenge trading, and daily drawdown violations on Prop Firm evaluation accounts (FTMO, E8, FundedNext, Alpha Capital, FundingPips) and personal live accounts.

Strategy & Mechanics

• Strict Daily Discipline: Scans the market at your designated hour and executes a maximum of one high-probability setup per 24-hour cycle. Once executed, the system locks further trading for the day.

• Trend & Volatility Alignment: Directional bias is filtered using dynamic moving averages. Trades are only executed in the direction of the dominant market momentum.

• Dynamic Volatility Stops: The Stop Loss adapts dynamically to current market volatility via the Average True Range (ATR), avoiding arbitrary fixed-pip stops in fluctuating market conditions.

• Asymmetric Risk-to-Reward (1:2 RR): Every trade targets a minimum 1:2 Risk-Reward ratio, allowing long-term account growth even with conservative win rates.

• Risk Protection Architecture: Includes a dynamic Break-Even trailing module, Friday night weekend closure protection (22:00 server time), spread filtering, and strict margin-safety thresholds to prevent overleveraging and volume limit errors.

• Zero Risky Techniques: Absolutely no grid, no martingale, and no unhedged cost averaging. Every single trade enters with a predefined Stop Loss and Take Profit.

Setup & Recommendations

• Symbol: XAUUSD / GOLD

• Timeframe: H1

• Minimum Balance: $100 (or standard Prop Firm challenge sizes)

• Account Type: Any broker offering low spreads (ECN / Raw Spread recommended; Hedging or Netting)

• Execution: Low-latency VPS (<20ms) recommended for accurate timing.

Parameter Guide (Inputs)

• Time Settings:

  • InpTradeHour / InpTradeMinute : Time (Broker Server Time) when the setup is evaluated.

  • InpMaxTradesPerDay : Daily trade limit (Default: 1 ).

  • InpCloseFridayNight : Automatically closes all positions Friday at 22:00 to avoid weekend gaps ( true / false ).

  • InpMaxOpenPositions : Upper cap for simultaneously managed open positions.

• Trade Settings:

• InpRiskMode : Choose between fixed dollar amount ( RISK_MONEY ) or balance percentage ( RISK_PERCENT ).

• InpRiskMoney : Risk amount in account currency when RISK_MONEY is selected.

• InpRiskPercent : Risk percentage per trade when RISK_PERCENT is selected (e.g. 1.0 = 1%).

• InpEmaPeriod : Trend filter baseline period (Default: 30 ).

• InpAtrPeriod : Volatility lookback period (Default: 14 ).

• InpAtrMult : Stop Loss distance multiplier based on ATR.

• InpRR : Risk-Reward multiplier relative to the Stop Loss (Default: 2.0 ).

• InpBreakEvenMode : Break-Even trigger ( 0 = Off, 1 = Trigger at 1:1 RR, 2 = Trigger at 2:1 RR).

• InpMaxSpread : Maximum spread permitted in points before canceling entry.

• InpMagic : Unique identifier for EA trade management.

Backtest Performance

• Period: Jan 2025 – May 2026 (100% Real-Tick Quality, $100,000 initial deposit)

• Net Return: +62.3%

• Profit Factor: 1.22 | Sharpe Ratio: 2.47 | Recovery Factor: 3.23

• Max Drawdown: 11.5%

• Win Rate: 38.6% (Positive expectancy driven by strict 1:2 R:R)

• Monte Carlo Analysis: 96.8% profitable runs across 800 random variations.

Risk Disclaimer & Legal Notice Trading financial instruments such as CFDs and Gold (XAUUSD) carries a high level of risk and may result in the loss of your invested capital. OneShot Prop Trader is a software automation utility for the MetaTrader 5 terminal and does not constitute financial advice or managed portfolio services. Past results and backtests do not guarantee future profitability. The user assumes full responsibility for all risk configurations and account management. Always test thoroughly on a demo account before risking real funds.