Fully Automated, Plug-and-Play EA Trend scalping EA required

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📌 FINAL EA DEVELOPMENT INSTRUCTIONS – Fully Automated, Plug-and-Play EA

🚀 EA Name: "TrendScalper v1.0"

This EA is a fully automated, high-performance, trend-based intraday trading system for XAUUSD (Gold). It requires no manual input and automatically manages risk, trade size, and drawdown control.


📌 1️⃣ EA Trading Logic

Trading Session & Time Management

  • Trades only during London & New York sessions
    • Start Trading: 1 hour after London open (09:00 AM UTC)
    • Stop Trading: 2 hours before New York close (8:00 PM UTC)
  • All open trades close automatically 30 minutes before market close (to prevent overnight swaps).

🔹 User Option: Trade_Sessions = True/False (Enable/Disable session-based trading)


Trade Entry Conditions (Auto-Detection of Opportunities)

The EA will only open trades when the following conditions are met:

📌 Buy Entry Conditions

  1. Trend Confirmation:
    • Price is above both EMA 50 and EMA 200.
    • EMA 50 must be above EMA 200 (bullish trend).
  2. Momentum Confirmation:
    • Stochastic (8,3,3) %K is below 20 (oversold).
  3. Volatility Confirmation:
    • ATR (14) > 1.0 (ensures market is not slow).
  4. Entry Trigger:
    • Price breaks the previous high of the last 5 candles.

📌 Sell Entry Conditions

  1. Trend Confirmation:
    • Price is below both EMA 50 and EMA 200.
    • EMA 50 must be below EMA 200 (bearish trend).
  2. Momentum Confirmation:
    • Stochastic (8,3,3) %K is above 80 (overbought).
  3. Volatility Confirmation:
    • ATR (14) > 1.0 (ensures market is not slow).
  4. Entry Trigger:
    • Price breaks the previous low of the last 5 candles.

📌 2️⃣ Stop-Loss & Take-Profit (Auto-Calculated)

The EA will automatically set Stop-Loss (SL) and Take-Profit (TP) based on ATR.

Stop-Loss (SL)

  • SL = 1.5x ATR(14) (Dynamic, adjusts per market condition).
  • Example: If ATR(14) = 20 pips, SL = 30 pips.

Take-Profit (TP)

  • TP = 2x ATR(14) (Risk-to-Reward Ratio = 1:2).
  • Example: If ATR(14) = 20 pips, TP = 40 pips.

📌 3️⃣ Automatic Risk & Lot Sizing (Set & Forget)

Trade Size is Based on Account Balance

  • The EA automatically calculates lot size based on the account balance:
    • Risk per trade = 2% of account equity
    • Example:
      • If equity = $10,000, risk per trade = $200.
      • If SL = 30 pips, lot size is calculated accordingly.

Dynamic Risk Control

  • If equity drops below 75% of starting balance, risk reduces to 1.5% per trade.
  • If equity grows by 50%, risk increases to 2.5% per trade.

🔹 User Option: Dynamic_Risk = True/False (Enable/Disable dynamic risk adjustment)


📌 4️⃣ Maximum Drawdown Protection (User Option)

Option to Stop Trading or Continue at 30% Drawdown

  • If drawdown reaches 30%, the EA will:
    • Option 1 (Default): Stop opening new trades and close all open trades.
    • Option 2: Continue trading normally.

🔹 User Option: Stop_At_30%_DD = True/False


📌 5️⃣ On-Screen Display (Real-Time Info)

🔹 Position: Top Left Corner of the chart.

🔹 On-Screen Information (Live Updates):
📌 EA Name & Version: "TrendScalper v1.0"
📌 Account Equity: $XXXXX
📌 Current Risk per Trade: X%
📌 Current ATR Value: X Pips
📌 Stop-Loss & Take-Profit: SL: X Pips | TP: X Pips
📌 Max Drawdown Limit: X% (Stop Trading at 30%)

🔹 User Option: Show_Onscreen_Info = True/False


📌 6️⃣ Advanced Optional Features (User-Configurable)

Auto-Adjustable Risk Mode (Risk-On / Risk-Off Toggle)

  • If 3 consecutive wins, risk increases to 3% per trade.
  • If 3 consecutive losses, risk decreases to 1% per trade.

🔹 User Option: Auto_Adjust_Risk = True/False

News Filter (Avoid Trading Before High-Impact Events)

  • EA pauses trading 30 minutes before & after high-impact news.
  • Uses Forex Factory API or MT4/MT5 built-in calendar.

🔹 User Option: Avoid_News = True/False

Profit-Lock Feature (Daily Profit Target Control)

  • EA stops trading for the day after hitting a set profit target.
  • Example:
    • Daily Profit Target: 5%
    • Once reached, EA stops trading for the rest of the day.

🔹 User Option: Daily_Profit_Target = X%

Multi-Pair Capability (Optional)

  • By default, the EA trades XAUUSD.
  • If enabled, it can trade US30, NAS100, GBPJPY.

🔹 User Option: Trade_Multiple_Pairs = True/False


📌 7️⃣ Basic Licensing System (Anti-Piracy)

License System Features

  • License Key Validation
  • Account Lock (Pre-approved account numbers only)
  • Expiration Date (Trial/Subscripton Support)

🔹 User Option: Use_License = True/False


📌 8️⃣ Additional Protections

Spread & Slippage Protection

  • Skip trade execution if spread > X pips
  • Adjustable max slippage in settings

Stealth Stop-Loss & Take-Profit

  • EA hides SL & TP from brokers, managing them internally.

Break-Even & Partial Take-Profit

  • Move SL to breakeven at 50% of TP.
  • Close 50% of trade at 1:1 risk-reward, let the rest run.


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