Arrow Trader EA v6

Arrow Trader EA v6

XAUUSD M5 Arrow Trader EA (v6.20)

XAUUSD M5 Arrow Trader EA is a rule-based scalping Expert Advisor designed specifically for Gold (XAUUSD) on the M5 timeframe, using a fixed pip-to-point calculation (1 input pip = 10 points) to ensure consistent and predictable trade management across different brokers.

? Core Trading Logic

The EA executes trades based on a multi-layer confirmation system:

• Higher Timeframe Trend Filter (H1 EMA 100)

  • Buy trades only when price is above the H1 EMA

  • Sell trades only when price is below the H1 EMA

• M5 Entry Logic (Arrow System)
  Entries are triggered when price reacts inside a detected Order Block zone:

  • Buy: bullish candle reaction within bullish order block

  • Sell: bearish candle reaction within bearish order block

• RSI Stability Filter (Optional)
  Used to avoid entries in overextended market conditions.

? Order Block (Arrow Zone) Detection

The EA automatically detects the strongest bullish and bearish candles within a configurable lookback period to form dynamic support and resistance zones, which act as the arrow trigger area for entries.

? Risk Management & Lot Settings (Flexible)

The EA provides flexible lot management, allowing traders to adapt it to different account types and margin sizes:

• Fixed Lot Mode
  Suitable for small, cent, or testing accounts.

• Risk Percentage Mode
  Lot size is automatically calculated based on account balance and stop loss distance.

• All lot-related inputs can be optimized or adjusted depending on:

  • Account balance

  • Available margin

  • Broker conditions (standard / cent / micro accounts)

? Users are advised to adjust lot size and risk settings according to their margin capacity and account type.

? Trade Management Features

• Fixed Stop Loss & Take Profit (based on pip input)

• Break Even system

• Trailing Stop

• Partial Close with automatic SL to breakeven

• Pyramiding (scaling into winning trades) with configurable step distance

• Maximum open positions control

? Daily Protection System

• Maximum daily trades limit

• Maximum daily loss protection

• Daily profit target lock (EA stops trading after target is reached)

? Additional Safety Rules

• Minimum bars delay between trades

• No martingale

• No grid

• Fully rule-based execution

? Visual Trading Dashboard

Built-in dashboard displays:

• Balance & equity

• Open positions

• Daily trades count

• Daily profit vs target

• Current risk / lot configuration

? Recommended Usage

• Symbol: XAUUSD / XAUUSDm

• Timeframe: M5

• Broker: Low-spread, fast execution (ECN recommended)

• Lot & risk settings: Adjust according to your margin and account type