Golden Week Holiday EA

📘 Strategy Description

This Expert Advisor is optimized for trading XAUUSD on the M5 timeframe.

The default settings have already been carefully optimized, so no additional parameter tuning is required for standard use.

⚙️ Core Logic

The strategy is based on a wick rejection and breakout concept:

• It analyzes the previous candle’s wick length

• It waits for a breakout of that candle’s high or low

• Trades are triggered only when both conditions are satisfied

This approach aims to capture strong momentum moves after price rejection.

📊 Trading Conditions

BUY Setup

• The previous candle has a large upper wick

• The current candle breaks above the previous high

SELL Setup

• The previous candle has a large lower wick

• The current candle breaks below the previous low

🛡 Risk Management Features

• Stop trading after consecutive losses (daily protection)

• One trade per candle option

• Trade direction filter (BUY only / SELL only / BOTH)

• Reverse mode (invert signals if needed)

🎯 Optimization

• Specifically optimized for:

  • Instrument: XAUUSD

  • Timeframe: M5

• The default parameters are already optimized, meaning:

  • No manual tuning is required

  • Ready for immediate deployment (after proper testing)

⚠️ Important Note

Even though the settings are optimized, market conditions change over time.
Forward testing and proper risk management are strongly recommended before live trading.