One Candle FXG Multitimeframe EA

One Candle FXG Multitimeframe EA

One Candle FXG Multitimeframe EA
A disciplined, multi-timeframe trading system based on a single anchor candle and structured pullback logic.

? Overview

One Candle FXG EA is an automated trading system designed using the 1-Candle Anchor Method.
The EA identifies the anchor candle from the selected timeframe, reads its direction, and trades only within its pullback zone.
No martingale, no grid, no arbitrage — just clean price-action logic.

This EA is suitable for traders who prefer structured entries, multi-timeframe analysis, and risk-controlled execution.

? Key Features

1. Multi-Timeframe Anchor Logic

• Choose any timeframe: M1 → MN1

• EA reads the previous candle’s Open, Close, High, Low

• Determines direction (Bullish / Bearish)

• All entries follow that anchor direction only

2. Pullback Zone Trading

• Bullish anchor: Buy only inside Low → Close zone

• Bearish anchor: Sell only inside Close → High zone

• Entry allowed only when price retraces into the zone

• Prevents chasing candles and promotes safer entries

3. Layering System (Smart Averaging)

• Up to MaxLayers per anchor

• Distance between layers auto-calculated based on selected timeframe

• No martingale — fixed lot size

• Designed for safer scaling inside the zone

4. Daily Risk Control

• Daily Profit Target (% equity)

• Daily Loss Limit (% equity)

• Once hit:

  • EA closes all trades

  • EA stops trading for the day

Ensures discipline and protects the account.

5. Clean Execution

• No hedging against the anchor direction

• No martingale

• No grid

• All trades use a single direction based on candle dominance

• Auto-close all positions at the start of each new anchor candle

? Inputs

• Lots – Base lot size

• DailyTargetPercent – % profit target per day

• DailyLossPercent – Maximum acceptable daily drawdown

• MaxLayers – Maximum layers per anchor

• AnchorTF – Timeframe to read anchor candle

? Recommended Usage

• Suitable for Gold (XAUUSD), major Forex pairs & indices

• Works on most brokers

• Designed for disciplined traders who want:

  • Multi-timeframe pullback entries

  • Systematic risk control

  • Clean execution without aggressive strategies

? Important Notes

• This EA does not guarantee profits.

• Performance varies based on:

  • Market conditions

  • Spreads & execution

  • Risk settings

• Please test in Strategy Tester before using on a live account.

? Support

If you have questions, need help with setup, or want guidance on parameters, feel free to contact me through the MQL5 messaging system.