Break Out EA MT5

 Name: One Shot Gold

Platform: MetaTrader 5 (MQL5) Main Symbol: XAUUSD (Gold) – but adaptable to other pairs Strategy: Place Buy Stop / Sell Stop pending orders at or near the top/bottom detected within the last 50 candles (updated default), combined with smart news filter and virtual stops.

1. Detection & Pending Order Placement Logic

• Automatically detect Swing High (top) and Swing Low (bottom) within the last 50 (Customize) candles (using Fractals, ZigZag, or highest/lowest price within the period).
• Sell Stop: Placed below the most recent Swing Low (with an optional offset, e.g., -3 to -10 pips to avoid fake breakouts).
• Buy Stop: Placed above the most recent Swing High (with optional offset, e.g., +3 to +10 pips).
• Support OCO (One Cancels the Other): When one pending order is triggered, the other is automatically deleted.
• Pending Order Expiration: Auto-delete after X hours (default 24 hours or 0 = no expiration).
• Signal Confirmation (to reduce false entries):
• Confirming candle close (bullish candle for Buy Stop, bearish for Sell Stop).
• Optional: Multi-timeframe confirmation (H1 signal must align with H4/D1).
• Optional: Momentum filter (e.g., RSI >50 for Buy Stop, <50 for Sell Stop).

2. Risk & Position Management

• Automatically calculate lot size based on % risk per trade and SL in pips. Formula: Lot = (Account Balance × Risk%) / (SL_pips × PipValue per lot)
• Maximum simultaneous orders/pendings: Default 1–2 per symbol.
• Maximum daily loss (%): Stop all trading if loss exceeds the limit (e.g., 3–5%).
• Maximum weekly loss (optional).

3. Order Management (SL / TP / Trailing)

• SL: 40 pips (calculated from the actual entry price after pending activation).
• TP: 200 pips (from actual entry price).
• Trailing Stop: 30 pips (starts after +30 pips profit, moves in steps).
• Advanced options:
• Trailing based on ATR (e.g., 1.5 × ATR(14)).
• Break-even: Move SL to entry or +X pips after Y pips in profit.
• Automatically adjust for broker digits (2/3/4/5 digits).

4. News Filter (Fully integrated in MQL5 code – no DLL)

• Enable / Disable completely.
• MinutesBeforeNews: Allow placing pending orders X minutes before news.
• MinutesAfterNews: Avoid placing new orders or cancel pending X minutes after news.
• Filter by news impact: Weak / Medium / Strong / Optional (selectable per level).
• Currency filter: Only block news relevant to XAU or USD (for XAUUSD).
• Spread protection during news window: Skip if spread > X pips.
• Option: Completely skip high-impact / strong news.

5. Hide SL/TP/Trailing (Prevent broker stop hunting)

• Virtual mode (EA manages closing internally – no real SL/TP sent to broker).
• Draw colored lines on chart for monitoring:
• Red: Virtual Stop Loss
• Green: Virtual Take Profit
• Yellow/Orange: Virtual Trailing Stop
• Input to enable/disable hiding and drawing lines.

6. Execution Protection

• Max slippage allowed (points): e.g., 3.0–5.0.
• Max spread allowed (points): e.g., 2.5–4.0 for XAUUSD.
• Check spread + slippage right before placing pending order.
• Skip order if limits exceeded.

7. Additional Features

• Unique Magic Number + Comment (e.g., "ReversalStop_XAU").
• Detailed logging: To file and chart comments (reason for pending, upcoming news…).
• Alerts & Notifications: Push notification / Email / Telegram when:
• Pending order placed
• Pending triggered → position opened
• Order closed (profit/loss)
• News approaching
• Daily loss limit reached
• Time filter: Only place pending orders during high-liquidity sessions (London + New York).

8. Main Input Parameters (Updated)