Wave123 BOS AutoTrader

Wave123 BOS AutoTrader

Wave123 BOS AutoTrader 

Wave123 BOS AutoTrader is a clean, rule-based Expert Advisor designed to trade Break of Structure (BOS) signals with disciplined risk control and a clear on-chart HUD. It can read BOS/BO signals from the Wave123 BOS Visible  indicator objects, and it also includes an internal fallback BOS logic for robustness.

✅ Key Features

• Trades BOS signals automatically

  • Reads indicator objects: BOSU / BOSD, BOS_UP / BOS_DN

  • Optional breakout arrows: BOU / BOD

  • Text fallback: TXT_BOS / TXT_BO

• ATR-based automatic SL/TP

  • Dynamic Stop Loss sizing using ATR

  • Take Profit uses risk-reward logic with a minimum TP floor

• Daily Max Profit Guard

  • Automatically stops opening new trades once your daily profit target is reached

• Market-ready Money Safety

  • Broker-valid lot normalization (min/step/max supported)

  • Auto margin-safe lot reduction to avoid “No money / not enough margin” errors

• Spread protection

  • Blocks entries when spread exceeds your MaxSpreadPts setting

• Optional EMA trend filter

  • Use EMA fast/slow bias to trade with the trend (optional)

• Live HUD on chart

  • Displays spread, ATR, SL/TP sizing, estimated risk/target, lot mode, and more

⚙️ Recommended Settings (XAUUSD)

• Symbol: XAUUSD (or your broker’s suffix symbol)

• Timeframe: M15

• Mode: Use indicator signals ON (recommended)

• Risk: Fixed lot for simple setup, or enable AutoLot for % risk control

• Daily Max Profit: Enable and set a realistic daily target for your account size

? Requirements

• Works best when paired with: Wave123 BOS Visible  (indicator that draws BOS/BO objects)

• Broker must allow trading on your symbol and account type (netting/hedging supported)

?️ Risk Disclaimer

Trading involves risk. This EA is a tool that follows programmed rules and does not guarantee profits. Always test on a demo account first, optimize settings for your broker conditions (spread, commission, execution), and use proper risk management.