Precision Prop Trading Bot

Precision Prop Trading Bot is an automated Expert Advisor designed for traders aiming to meet prop firm evaluation criteria and maintain disciplined risk management.

The EA incorporates multiple trading principles such as liquidity sweeps, break of structure (BOS), and smart money concepts, including order block detection. It uses ATR-based dynamic stop loss and take profit levels, allowing adaptation to changing market conditions.

Users can configure session-based filters, moving average trend confirmation, and optional break-even logic. The integrated on-chart dashboard allows for real-time monitoring and control of strategy settings and trade performance.

Features

• Detects liquidity sweeps, order blocks, and BOS patterns

• Adaptive stop loss and take profit based on ATR

• Time-based session filters to control trading activity

• Trend confirmation using exponential moving average (EMA)

• Optional break-even function to limit risk

• Configurable stop loss cap (in pips)

• Daily loss limit with auto-trade management

• On-chart dashboard for strategy control and trade display

• News filter integration ready (external data required)

Dashboard Overview

• Displays current symbol and timeframe

• Real-time visibility of input parameters

• Toggle filters (trend/session/breakeven) from the chart

• Trade statistics: open positions, direction, profit/loss

Recommended Instruments

Designed for use on major forex pairs including EURUSD, GBPUSD, and XAUUSD.

Recommended Timeframes

Optimized for M15, M30, and H1 charts.

Suggested Settings for XAUUSD

• validLotSize=0.01
• Slippage=3
• RiskRewardRatio=2.0
• MagicNumber=123456
• MaxStopLossPips=1500.0
• UseBullishEngulfingConfirmation=false
• UseTrendFilter=true
• UseSessionFilter=true
• EnableBreakEven=false
• StartHour=7
• EndHour=17
• ATR_Period=14
• ATR_Multiplier=1.5
• EMAPeriod=50
• BreakEvenTriggerPips=20.0
• BreakEvenOffsetPips=2.0
• UseFixedSLTP=false
• FixedStopLossPips=30.0
• FixedTakeProfitPips=60.0
• MaxDailyLoss=1000.0
• CloseTradesOnMaxLoss=false
• AvoidNews=false
• MinutesBeforeNews=15
• MinutesAfterNews=30