This Gold Scalping EA employs a sophisticated Breakout strategy, combining Multi-Timeframe analysis with precise Price Action confirmation. It uses the ZigZag indicator on the 4H timeframe to identify key Swing Highs and Lows, automatically drawing precise Buy/Sell lines for breakout entries. Each trade is then confirmed by an Engulfing Pattern for maximum accuracy.
The EA features a profit-running system (For Train Mode) with a 150-pip Trailing Stop and a robust recovery system (Reverse Train Mode) that strategically increases the lot size in steps (0.01 lots for every 5 recovery trades). Furthermore, it incorporates an intelligent Hedging system that activates when the number of recovery trades exceeds the 'Max Order' limit.
This EA is ideal for traders who demand precision, robust risk management, and aim to consistently profit from Gold breakouts.