GOLD Candle Entry EA
- Experts
- Versão: 1.0
- Ativações: 20
📈 GOLD Candle Entry EA – Smart Entries Based on Powerful Candles!
GOLD Candle Entry EA is a simple yet effective Expert Advisor designed for traders who want to capitalize on strong candle formations. It identifies high-momentum candles and places trades only when strict criteria are met — making it ideal for scalping and intraday trading strategies!
---
🔍 Key Features:
✅ Smart Candle-Based Entry:
The EA scans the previous candle and only places trades when it detects strong body size and a favorable body-to-wick ratio — ensuring smarter, more confident entries.
✅ Custom Trading Sessions:
Built-in support for up to three configurable trading sessions — allowing you to control when the EA is active and avoid low-volume hours.
✅ Automated Risk Management:
Fully customizable Lot Size, Stop Loss, and Take Profit to align with your personal risk strategy.
✅ One Trade Per Valid Candle:
Prevents overtrading by ensuring that only one position is opened per valid candle, keeping your trading safe and controlled.
✅ Clean & Lightweight Code:
Developed in MQL5 using efficient and organized structure — easy to use, even for beginners.
---
⚙️ Input Parameters:
- MinBodyPips – Minimum candle body size in pips PLEASE EDIT SETUP (broker 3 digits >> 3000, 2 digits >> 300)
- MinBodyRatio – Minimum ratio of candle body to total candle size
- StopLossPips & TakeProfitPips – Customizable SL & TP values PLEASE EDIT SETUP (broker 3 digits >> 2000, 2 digits >> 200)
- LotSize – Fixed lot per trade
- Trading Sessions – Up to 3 user-defined trading time windows
---
🎯 Recommended Settings:
- Timeframes: M15
- Pairs: XAUUSD / GOLD
- Account Type: ECN or Raw Spread accounts preferred
---
⚠️ Important Notes:
- Use with brokers offering low spread and fast execution.
- Always test on a demo account before using on a live account.
- This EA does not use martingale, grid, or averaging strategies.
---
🕒 Daylight Saving Time Compatibility:
This EA is designed to operate accurately during Daylight Saving Time (DST).
To ensure correct session alignment in your backtesting, please start testing from March 10, 2025, when DST begins.
---
🧠 Ready to Let the Candles Speak for You?
Deploy GOLD Candle Entry EA and automate your strategy with precision and clarity — powered by price action!
---
