GoldDow2

Advanced R-Based Risk Management Breakout EA with SMA200 Trend Filter

This Expert Advisor integrates Dow Theory breakout logic with ATR-based R-multiple risk management.
The entire trade lifecycle — from position sizing to exit — is volatility-adjusted and systematically controlled.

Key Features

1. Dow Theory Breakout Logic

• Breakout of recent swing highs/lows

• Multi-timeframe structure confirmation

• Automatic swing detection

2. SMA200 Trend Filter

• Buy only above SMA200

• Sell only below SMA200

• Strict trend-following approach

3. Single ATR Source R-Based Risk Model

• No initial hard stop-loss

• Virtual risk defined as ATR × multiplier

• All trade management expressed in R units

4. Conditional R-Based Emergency Exit

• Position closed when loss reaches predefined R

• Volatility-adjusted stop mechanism

5. ATR Trailing Stop (Non-Loosening Design)

• Trailing activates after defined R profit

• Stop-loss never widens

• Stop never moves beyond entry price

• Spread-aware modification logic

6. Advanced Risk Controls

• Equity-based position sizing

• Maximum margin usage cap

• Daily trade limit

• Spread-to-ATR entry filter

Entry Logic

• Swing breakout confirmation

• SMA200 trend alignment

• Stochastic overextension filter

• Previous candle direction confirmation

Exit Logic

• R-based emergency stop

• ATR-based trailing after profit threshold

Designed For Traders Who:

• Prefer R-multiple risk management

• Avoid fixed pip stop-loss systems

• Trade with structured trend-following logic

• Prioritize capital preservation

This EA emphasizes capital protection and consistent volatility-adjusted risk control rather than aggressive entry frequency.