Set Up And Forget

Set it up. Walk away. Let the setup come to you.

This EA is a fully automated XAUUSD trading system built around one core idea: most real reversals are set up by a liquidity grab, not called out of nowhere. It watches the H4 trend, waits for price to sweep beyond a recent H1 range and snap back inside it — a classic stop-hunt pattern — then times entry on a controlled pullback into a Fibonacci retracement zone rather than chasing the initial move.

How it manages a trade once it's open
This is where "set up and forget" actually means something — every position is handled automatically from entry to exit:

• Stop-loss moves to breakeven once a trade is halfway to its target, so it can no longer turn into a loss.
• As price continues in its favor, take-profit extends in stages through Fibonacci extension levels, with the stop trailing behind — winning trades aren't capped by a fixed target.
• Daily trade logs and performance summaries are written automatically, so you can review exactly what happened each day without watching every candle.

Backtest results (XAUUSD, M5 execution / H4 trend / H1 range, tick-based testing)

• Profit Factor: 2.03
• Sharpe Ratio: 9.10
• Recovery Factor: 3.30
• 61 trades, ~21% win rate — this strategy is built around a small number of large winners rather than a high hit rate, so win rate alone understates it
• Maximum drawdown: 15.47%