Cosmos Orion

Cosmos Orion — Gold H2 Three-Point Structure Breakout EA

Build order in a chaotic market.
Most gold EAs either guess the direction or hide risk behind grids and martingale. Cosmos Orion does neither.
It doesn't predict the market. It waits for price to form a confirmed three-point structure, enters only on a real breakout, and protects every order with a hard Stop Loss.
A practical system, built for real-world trading.

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■ Core Logic

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· Identifies confirmed three-point swing structures on the H2 timeframe. All three swing points must be confirmed by closed candles; unfinished candles are not used.

· Once a valid structure is formed, a breakout pending order (Buy Stop / Sell Stop) is placed near the latest swing point.

· A trade is executed only when price actually breaks through. No breakout means no entry. Pending orders are automatically cancelled if they expire or the structure becomes invalid.

· Signals are always calculated based on H2 data. The EA can be attached to a chart of any timeframe without changing the trading results.

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■ Exit System

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· Every pending order is submitted with a hard Stop Loss and Take Profit. There are no "naked" orders.

· Break-even: After price moves a certain distance in profit, the Stop Loss is automatically moved above/below the entry price.

· Trailing Stop: As profit increases, the Stop Loss automatically follows the price.

· Partial Take Profit: Part of the position is closed to lock in profit, while the remaining position continues to follow the market.

· Stop Loss, Take Profit, and trailing distances automatically adapt to the current gold price. Even if gold rises from 2,000 to 4,000, there is no need to adjust the parameters.

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■ Built-in Risk Management

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· Winning streak profit lock: After two consecutive profitable trades, the EA stops opening new trades for the rest of the day to preserve profits.

· Weekend protection: Unfilled pending orders are deleted before the Friday market close and trading resumes after the Monday market open. Existing positions continue to be managed normally.

· Data-session protection: Fixed-time protection helps avoid periods with increased gaps and slippage.

· Volatility filter: No new trades are opened when volatility is too low (insufficient market movement) or too high (unstable conditions).

· Maximum spread: No new trades are opened when the spread exceeds the specified limit.

· Margin pre-check: Available margin is checked before placing an order, with a safety buffer reserved.

· No grid, no Martingale, and no increasing lot sizes after losses. The risk of every trade is calculated before the order is placed.

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■ Automatic Broker Time Zone Detection

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· The EA automatically detects the broker's GMT offset and daylight-saving-time changes based on the daily gold market closure period. In most cases, no manual configuration is required.

· If automatic detection fails, the EA automatically falls back to the manual settings (default GMT+2 with U.S. DST).

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■ Position Sizing

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· L1 ~ L5: 1% ~ 5% risk per trade.

· Risk can be calculated based on either the "Current Balance" or the "Initial Balance":

Current Balance: position size increases as the account grows.

Initial Balance: position sizing remains based on the original balance and does not increase with profits.

· You can also use a fixed lot size or a custom risk percentage.

· Note: On smaller accounts, the broker's minimum lot size (usually 0.01) may result in actual risk being higher than your selected percentage.

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■ Chart Visualization

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· Status panel: Displays EA status, time-zone detection results, and filter status in real time.

· Structure lines: Displays the three-point structures and entry levels directly on the chart, with different colors for buy and sell structures.

· Animations can be disabled separately, which is useful for lower-performance computers or VPS environments.

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■ Requirements

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· Symbol: XAUUSD / GOLD (symbols with suffixes are supported, such as XAUUSD.m and GOLD#).

· Account type: Hedging account required. Netting accounts are not supported.

· Recommended: Low-spread ECN / Raw account and a VPS running 24 hours a day.

· Recommended minimum deposit: 200 USD

· Only one EA needs to be loaded on one chart.

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■ Main Parameters

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1. Trading

· Enable entries: Enable/disable new entries (when disabled, pending orders are cancelled, while existing positions continue to be managed)

· Gold symbols only: Allow the EA to run only on gold symbols

· Cancel own pending orders on removal: Cancel the EA's own pending orders when the EA is removed

· Max spread: Maximum spread (500 = $5.00)

· Min D1 ATR: Minimum daily volatility (0 = disabled)

2. Position Sizing

· Lot sizing: L1 ~ L5 / Custom / Fixed lots, based on Current Balance or Initial Balance

· Custom risk %: Custom risk percentage

· Fixed lots: Fixed lot size

3. Broker Time

· Auto GMT: Automatic time-zone detection (recommended)

· Manual GMT / US DST: Manual/fallback time-zone settings

4. Order Identification: Magic Number, order comment

5. Status Panel: Display toggle, position, animation

6. Structure Visualization: Structure line toggle, number of displayed groups, buy/sell colors, animation

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■ Risk Warning

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Historical backtest results do not guarantee future performance. Gold is highly volatile, and any strategy may experience consecutive losses.

The default risk is 3% per trade. This is the risk for an individual trade, not the maximum total account loss. Please select a risk level according to the drawdown you can tolerate. New users are advised to start with L1 or become familiar with the EA on a demo account first.

The genuine version is available exclusively on MQL5 Market.