Pipsgrowth EX07004 MA

Pipsgrowth EX07004 is a lean M15 gold scalper. It is built around a single rule — when the 10-period EMA closes above the 20-period EMA, the EA buys; when the 10 closes below the 20, it sells — and the rest of the file is plumbing to keep that rule running safely on a noisy instrument. There is no regime classifier, no higher-timeframe bias, no news filter, no time filter, and no equity floor. What you get is a mechanical crossover with adaptive pyramiding, a risk-based lot, and a 1:2 minimum reward-to-risk.

The signal logic lives in GetMASignal() and is unambiguous. On every new M15 bar, RefreshIndicators() copies two points of iMA(_Symbol, PERIOD_M15, 10, 0, MODE_EMA, PRICE_CLOSE) and two points of the 20-period EMA into arrays, plus one point of iATR(_Symbol, PERIOD_M15, 14) for sizing and stop distance. The function compares the closed-bar values: if prevFastMA <= prevSlowMA and fastMA > slowMA, a long signal fires (the EA prints "LONG: MA Golden Cross"); if prevFastMA >= prevSlowMA and fastMA < slowMA, a short fires. Bars that don't contain a cross return 0 and the EA does nothing. The new-bar gate is hardcoded to PERIOD_M15 in IsNewBar(), so even when you attach the EA to an M5 or H1 chart the signal cadence stays M15 — this is intentional for XAUUSD where the lower-timeframe noise on gold makes a clean M15 crossover more reliable than a chart-period signal.

Entries are filtered by CanOpenPosition(), which loops backward through PositionsTotal(), ignores anything whose symbol is not the chart or whose magic is not 22207004, and counts what is left. The first hard rule is directionality: if there is already a buy position open, the EA will not open a sell (and vice versa). The second is the pyramid cushion — MathAbs(price - PositionGetDouble(POSITION_PRICE_OPEN)) must be at least PyramidDistPips * pipSize (15 pips) before another entry in the same direction is permitted. The third is the cap: if count >= MaxPositions (default 3), the EA refuses. Set UsePyramiding=false to keep only the first position. So the practical pyramid on gold is up to three buy orders spaced 15 pips apart, or three sell orders spaced 15 pips apart — never both sides simultaneously.

Position sizing is risk-based. When UseMoneyManagement=true (default), CalculatePositionSize() reads the account balance, multiplies it by RiskPercent (default 2.0%), divides by slPips * pipValuePerLot where pipValuePerLot = (tickValue/tickSize) * pipSize, then floors the result to the symbol's SYMBOL_VOLUME_STEP and clamps between SYMBOL_VOLUME_MIN and SYMBOL_VOLUME_MAX. With money management off, every order is FixedLotSize (0.01 lots). Note that RiskPercent is percent of balance, not percent of equity, so a floating drawdown does not shrink the next lot — this is the more aggressive of the two common conventions.

Stop and take are recomputed in OpenPosition() for every entry. The stop distance is slDist = MathMax(currentATR * 1.5, MathMax(StopLossPips * pipSize, minDist * 1.5)), where minDist is the broker's SYMBOL_TRADE_STOPS_LEVEL floored to 10 pips. In practice this means the stop is at least 15 pips (the StopLossPips default), but is widened to 1.5×ATR(14) whenever volatility demands it. The take is tpDist = MathMax(slDist * 2, minDist * 1.5) — at least 1:2 R:R, often closer to 1:3 in volatile regimes. The SL price and TP price are written into the order at entry; from that point on the position runs to its hard server-side stop or target. There is no trailing stop, no breakeven ratchet, no partial close, and no time stop in the source. Manage functions (SafePositionModify, TryClose_EX07004, TryClosePartial_EX07004, TryModify_EX07004) are present and the 3-retry logic on REQUOTE, TIMEOUT, PRICE_OFF, and PRICE_CHANGED is in place (200ms close retry, 100ms modify retry), but they are only called if you wire them in or if a future modification is needed.

The pre-trade gate is a single line. CheckFilters() reads the current spread, divides by GetPipSize() to express it in pips (handles 3/5-digit symbols via the standard _Point * 10 rule), and returns false if spread > MaxSpreadPips (default 25.0). Twenty-five pips is wide on most FX pairs but normal for XAUUSD during London and New York overlap, so this filter is a session-quality check, not a tight scalper gate. There is no time-of-day filter, no day-of-week filter, no news blackout, no margin check, no daily-loss guard, no equity-floor guard, and no consecutive-losses cooldown. Anyone running this EA on a live account is accepting that the EA will keep trading through news spikes, weekend gaps (if held), and personal drawdown limits unless the user wires those in externally.

Order routing uses the standard MQL5 CTrade wrapper. OnInit() calls trade.SetExpertMagicNumber(22207004), trade.SetDeviationInPoints(3), and trade.SetTypeFilling(GetAllowedFilling()), where GetAllowedFilling() probes SYMBOL_FILLING_MODE and returns FOK if supported, else IOC, else RETURN. This is the right order for most ECN and market-execution brokers, but it is not the auto-detect-by-symbol helper seen in newer PipsGrowth EAs — the filling mode is fixed at init time and never re-checked. Slippage tolerance is 3 points (not pips) — for XAUUSD with 2-decimal pricing that is 3 cents, which is tight.

Differentiating this EA from the other MAs in the family matters. EX07001 (XAUUSD M30, EMA 10/30) runs a 7-state regime classifier, H1 EMA(50) bias, chandelier trailing, 1R breakeven, 1.5R 50% partial, and a 3R final target, with DryRun=true shipped as the default. EX07003 (XAUUSD/EURUSD/GBPUSD/USDJPY M15, EMA 10/21) layers a 3-leg safe pyramid with a 250-point cushion, a hard 1:3 R:R, 3% daily and 10% equity drawdown guards, and a Friday 20:00 close on top of the cross. EX07004 is the simplest of the three — no regime filter, no partial close, no trailing, no daily guard, no time filter. The trade-off is transparency: every decision in the file is one of three lines in GetMASignal(), CanOpenPosition(), or OpenPosition(). A user who wants full control of pyramiding and stop distance and is willing to manage session and drawdown risk externally will find this EA predictable; a user who wants the safety stack out of the box should look at EX07001 or EX07003.

What to expect in backtest: on M15 XAUUSD with default inputs, the EA produces a steady stream of single-direction pyramids (typically 1 to 3 orders per signal leg) with 1:2+ R:R and a 15-pip floor on the stop. Around 2% of balance risked per entry, 3 concurrent positions at the apex. Expect equity curves that look like staircases on clean trends and sawteeth on chop — the lack of a regime filter means the EA will pyramid into ranging markets and take the chop on the chin. A user who wants to soften that should reduce MaxPositions to 1 and disable UsePyramiding in the inputs; that converts EX07004 into a single-shot crossover that is functionally similar to EX07003 minus the 21-period slow EMA, the daily-loss guard, and the panel.

Broker requirements: a low-spread XAUUSD feed is recommended but not required — the 25-pip filter will reject the worst moments but does not protect against a 5-pip-quoted broker that widens to 20 pips during news. The EA uses CTrade defaults for margin, so the recommended account size is the $100 minimum listed in the EA card, and you should keep total exposure (3 × 0.0X lots) under 30% of free margin to absorb a -15-pip adverse spike on all three pyramid legs without a margin call.