Edith

E.D.I.T.H. - Trend Following EA (Prop Firm Ready)

E.D.I.T.H. (Emotional Dynamic Intelligence for Trading Harmony) is a pure trend-following Expert Advisor designed to trade with harmony, safety, and surgical precision. Its architecture was built with one primary goal: to protect capital and keep Drawdowns to an absolute minimum, making it the ideal tool for passing proprietary firm evaluations and managing live accounts over the long term.

The algorithm filters out market "noise" by analyzing multi-timeframe alignment (D1 and H4) and executes precise entries on lower timeframes (H1). E.D.I.T.H. removes the emotional burden from trading, executing only when market conditions are statistically highly favorable.

🛡️ Key Advantages and Features

• Prop Firm Ready: Carefully designed to respect the strict daily and maximum drawdown rules of prop firms. In exhaustive backtesting and forward testing on Gold (XAUUSD), it has consistently maintained equity drawdowns below 5%.

• Safe Trading (No Toxic Strategies): E.D.I.T.H. opens only one trade at a time. It does NOT use Martingale, Grid, Arbitrage, or high-risk Hedging techniques. Every single position has a hard Stop Loss and Take Profit defined from the very first millisecond.

• Time-Based Exit Intelligence (ExitAfterBars): If a trade stalls and the market loses volume, the EA automatically closes the position after a specified number of bars, freeing up margin and avoiding unnecessary market exposure.

• Native News Filter: E.D.I.T.H. automatically pauses trading before and after high-impact macroeconomic events, protecting your account from spread widening and extreme volatility spikes.

• Risk Flexibility: Allows you to choose between a dynamic Stop Loss based on real market volatility (ATR) or a static Stop Loss manually set in points.

📊 Trading Recommendations

• Primary Symbol: XAUUSD (Gold).

• Chart Timeframe (Entry): M15.

• Recommended Risk: 0.5% per trade for a perfect balance between steady growth and capital protection.

• Configuration: We highly recommend using the .set file provided with your purchase to ensure optimal performance right out of the box.

⚙️ Input Parameters

00 - Identity

• EA_Tag: Tag to identify trades in the account history.

• PanelTitle: Name displayed on the on-chart information panel.

01 - Risk & Execution

• Risk_Percent: Risk percentage of the account balance per trade (e.g., 0.5 = 0.5%).

• MagicNumber: Unique magic number for the EA.

• Slippage: Maximum allowed slippage in points.

02 - Timeframes

• TF_Trend1: Major trend timeframe (e.g., H4).

• TF_Trend2: Secondary trend timeframe (e.g., H1).

• TF_Entry: Chart timeframe for entry execution (e.g., M15).

03 - Indicators

• EmaFastPeriod: Period for the fast moving average.

• EmaSlowPeriod: Period for the slow moving average.

• AtrPeriod: Period for the ATR indicator to measure volatility.

04 - SL/TP and Exits

• SL_TP_Mode: Choose between automatic mode (ATR) or manual mode (Points).

• SL_ATR_Mult: ATR multiplier for Stop Loss calculation.

• RiskRewardRatio: Risk to Reward ratio to calculate Take Profit based on the SL.

• Manual_SL_Points: Stop Loss distance in points (if manual mode is selected).

• Manual_TP_Points: Take Profit distance in points (if manual mode is selected).

• ExitAfterBars: Closes the trade if it doesn't hit TP/SL after this number of bars (0 to disable).

05 - Timers & Sessions

• TradingHourStart / End: Global operating hours for the EA.

• Configurable Start and End hours for Asia, London, and New York trading sessions.

06 - Direction

• AllowBuy: Allow Long trades.

• AllowSell: Allow Short trades.

07 - Filters

• UseClosedCandle: Trade only on candle close (highly recommended).

• MaxPositionsSymbol: Maximum number of open trades at the same time (recommended: 1).

• MaxSpreadPoints: Maximum allowed spread to open a new position.

08 - Trailing Stop

• UseTrailingStop: Enable/disable dynamic profit protection.

• TrailingATRFactor: Trailing Stop distance based on the ATR value.

09 - News Filter

• NewsBufferMinutes: Minutes to pause before and after a high-impact news event.

• FilterByCurrency: Filter news strictly relevant to the traded currency pair.

10 - Allowed Days

• On/Off switches to trade from Monday to Sunday (trading on weekends is generally not recommended).