Trading robot · MT5

Big Candle Middle Entry EA

by humayukhan64-creator

This MetaTrader 5 expert advisor is designed for gold scalping on the M1 timeframe.

GitHub stars1
Forks0
Last update3 months ago27 May 2026
LicenceNone stated

Overview

Big Candle Middle Entry EA identifies significant price movements by comparing candle size against an Average True Range multiplier. Upon detecting a large candle, the robot places both buy stop and sell stop orders at the candle's midpoint. When one order is triggered, the opposite order is cancelled. Trade management includes a fixed dollar-based stop loss and a trailing stop mechanism that activates after reaching a specific profit threshold.

Details

Author

humayukhan64-creator on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Scalping, Breakout

Markets

Gold

Timeframes

M1-M5

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from BigCandleMiddleEA_v6-1.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
ATRMultiplierdouble1.2Big candle size (ATR x this)
ATRPeriodint14ATR period
LotSizedouble0.01
SL_Dollarsdouble1.0SL in USD ($1)
TrailStartDollarsdouble1.0Trail kab start ($1 profit ke baad)
TrailStepDollarsdouble1.0Trail step ($1)
MagicNumberint777006
Slippageint30
PrintLogsbooltrue

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone humayukhan64-creator/XAUSD-MT5-bot from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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