H79 Candle Breakout MT4 EA

XAUUSD Price Action Pro is a fully automated Expert Advisor (EA) meticulously engineered for trading Gold. Instead of chasing every market movement, the EA implements a refined Price Action breakout strategy that places pending orders exactly at the high or low of a standard candlestick. To prevent entering during messy consolidation phases, it features a strict structural filter that dynamically verifies historical swing points before placing any orders.

🔴 Core Recommendations & Requirements

  • Symbol: XAUUSD / GOLD only.

  • Timeframe: 5 Minutes (M5).

  • Minimum Deposit: $100 USD (Works on Standard, Pro, or Cent accounts).

  • Execution: A high-speed VPS with low latency (under 5–10ms) is strongly recommended to ensure precise pending order activation without slippage.

  • News Management: It is highly advised to turn off the EA 30 minutes before and after high-impact news releases (such as NFP, FOMC, CPI) to avoid unpredictable market gaps and extreme spread widening.

⚙️ Parameter Guide (How to Use)

1. Money Management

  • InpUseAutoLot ( true / false ): Enable this to allow the EA to automatically scale your lot size based on your account balance.

  • InpAmountPerStep ( 100.0 ): The balance step required to increase the lot size (e.g., every $100).

  • InpLotPerStep ( 0.01 ): The lot size increment added for every step amount reached above.

  • InpManualLot ( 0.01 ): The fixed lot size used if InpUseAutoLot is set to false .

  • InpMaxLot ( 20.0 ): The absolute maximum lot size limit the EA is allowed to open under any condition.

2. Strategy Core

  • InpStopLoss ( 8000 ): The Stop Loss distance measured in Points (8000 points = 80 pips for Gold).

  • InpTakeProfit ( 30000 ): The Take Profit distance measured in Points (30000 points = 300 pips for Gold).

  • InpMaxSpread ( 2000 ): The maximum allowable spread in Points. If the current market spread exceeds this value, the EA will temporarily pause trading to protect your account.

  • InpMagicNumber ( 777888 ): Unique ID for the EA to manage and track its own orders without interfering with other robots or manual trades.

3. Price Action Filters (%)

  • InpDojiThreshold ( 15.0 ): Percentage threshold to define an indecision candle (Doji). The EA automatically skips trading if a Doji is detected.

  • InpMaruThreshold ( 90.0 ): Percentage threshold to identify an overextended momentum candle (Marubozo). The EA skips these to avoid buying the absolute top or selling the absolute bottom.

4. Filters & Protection

  • InpUseTrailing ( true / false ): Turn on/off the profit-locking trailing stop feature.

  • InpTrailingStart ( 500 ): The minimum profit in Points required to activate the Trailing Stop mechanism.

  • InpTrailingStep ( 200 ): The step interval in Points for the Trailing Stop to lock in further profits as the market moves in your favor.

⚠️ Disclaimer & Risk Warning

Historical backtesting results and performance representations are for informational and educational reference purposes only. Past performance is never a guarantee or a reliable indicator of future trading results.

Foreign exchange and commodity trading carry a high level of risk and may not be suitable for all investors. You can lose some or all of your initial capital; therefore, do not invest money that you cannot afford to lose. The buyer assumes full responsibility for any live trading deployment, settings optimization, and financial outcomes. Always thoroughly test the EA on a demo account before risking real funds.


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5 (1)
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