Convex Phoenix EA

Rise Through the Outlier

Convex Phoenix EA is a selective XAUUSD trading system built around one asymmetric principle:

Control the setback. Stay open to the exceptional move.

Many trading systems attempt to maximize their winning percentage. Convex Phoenix follows a different philosophy. It accepts that some opportunities will fail, controls exposure when they do, and remains available for the occasional directional move capable of producing a disproportionately larger result.

This is not a grid, martingale or recovery system. Every position is independently risk-sized and protected by a real broker stop loss.

Selective Market Intelligence

Convex Phoenix continuously studies price behaviour, volatility, momentum and the broader market direction before considering an entry.

It is designed to recognize two important opportunity types:

• Price moving too far before reversing with confirmation

• Price becoming compressed before releasing into a directional move

The EA automatically gives priority to its strongest available opportunity. It will not open competing trades from multiple conditions on the same bar.

This selective approach allows Convex Phoenix to participate in different market environments without flooding the account with unnecessary positions.

Intelligent Risk Allocation

Not every opportunity receives the same exposure.

Convex Phoenix automatically assigns greater risk to its primary opportunities and reduced risk to its secondary opportunities. This expands the number of qualified trades while limiting the additional pressure placed on the account.

The default selected risk is 0.10%, with an internal maximum of 0.50%.

Position size is calculated using account balance, stop distance and the trading conditions reported by the broker. If the broker’s minimum lot would exceed the selected risk allowance, the trade may be rejected.

Automated Trade Management

Every position follows a disciplined lifecycle from entry to exit.

Convex Phoenix provides:

• Confirmation-based entries

• Closed-candle signal evaluation

• Real broker stop losses

• Volatility-adjusted profit targets

• Automatic break-even protection

• Time-based exits for stagnant positions

• Automatic cancellation of expired entry orders

• A maximum of three entries per trading day

• Daily profit protection

• Spread protection

• Broker-aware volume and margin checks

• Recovery of daily trading state after a platform restart

Signals are evaluated after a candle has closed, helping prevent unstable intrabar decisions. Once a position is active, management remains tick-accurate for responsive protection and exit handling.

Designed for XAUUSD

Recommended setup:

• Symbol: XAUUSD

• Recommended chart timeframe: M5

• Strategy Tester model: Every tick based on real ticks

• Recommended account size: $3,000 or more

• Recommended default risk: 0.10%

• One EA instance per symbol

• AutoTrading enabled

The EA performs its execution analysis internally and also consults a higher-timeframe directional filter.

Broker symbol specifications, minimum volume, spread, stop-distance requirements, leverage and available margin can affect execution.

Symbols with broker suffixes, such as XAUUSD.a, XAUUSDm or GOLD, may work when the broker provides compatible trading specifications. Testing with the intended broker is strongly recommended before live use.

Minimal Public Inputs

RiskPercent

Controls the risk allocation assigned to the EA’s primary opportunities. Secondary opportunities automatically receive reduced exposure.

Default: 0.10%

Maximum: 0.50%

MaxSpreadPoints

Defines the maximum permitted spread before new entries are blocked.

The appropriate value may vary depending on the broker’s symbol digits and spread structure.

MagicNumber

A unique identifier used to separate Convex Phoenix positions and orders from those belonging to other Expert Advisors.

The core strategy, entry conditions and management rules are intentionally locked to protect the researched architecture.

What to Expect

Convex Phoenix is not designed to produce a high winning percentage.

Its architecture can experience:

• Frequent small losing trades

• Extended losing sequences

• Quiet periods

• Gradual periods of performance

• Occasional large directional winners

• Different results across brokers and market conditions

The strategy should be judged by its complete payoff distribution rather than by one trade, one week or a short testing period.

Users who are uncomfortable with frequent controlled losses or extended losing sequences should not use this strategy.

Technical Architecture

• Native MQL5 execution

• No external indicators required

• No iCustom dependency

• No DLL dependency

• No Trade.mqh dependency

• No grid

• No martingale

• No averaging-down recovery

• No virtual-profit simulation

• No continuous history scanning

• Fast Strategy Tester architecture

• Real broker orders and stop losses

• Broker-aware margin reduction

• Restart-aware state reconstruction

Installation

1. Attach Convex Phoenix EA to an XAUUSD chart.

2. Use the M5 timeframe.

3. Enable algorithmic trading.

4. Confirm that the selected risk and spread limit are suitable for your broker.

5. Allow the EA to remain attached while the market is open.

6. Avoid running another copy with the same magic number on the same account and symbol.

Before using a live account, run the EA in the Strategy Tester using your broker’s XAUUSD data and then observe it on a demo account.

Important Risk Notice

Trading leveraged financial products involves substantial risk. Spread widening, slippage, execution latency, minimum-lot restrictions, margin requirements, price gaps and changing market behaviour may cause live results to differ from historical testing.

The tight protective geometry used by Convex Phoenix makes broker execution quality particularly important.

Begin with the default risk or lower.

Control the setback. Stay open to the outlier.