GVK DalRoti 3 Bar Reversal

GVK DalRoti 3-Bar Reversal 

A XAUUSD-focused expert advisor for MetaTrader 5 that trades short-term reversals. It waits for a three-candle pattern where price pushes to a new extreme and fails to hold it, then enters on the next candle open in the opposite direction.

Entries
Sells trigger after a failed push above recent highs; buys after a failed push below recent lows. Three trade modes are available: Single (one trade at a time), Hedge (one buy and one sell may run together), and Multi (every signal opens a fresh trade, with an optional cap).

Stop loss
The initial stop sits at the extreme of the signal candle, but is tightened to a maximum distance from entry if that candle is too wide. Once price moves a set distance in your favour, the stop moves to breakeven with a small buffer.

Trailing stop
A step trailing stop activates after a small move in profit. From there it follows every new high (or low for sells) tick by tick and never moves back. The EA constantly compares the breakeven stop with the trailing stop and keeps whichever is closer to price on the broker.

Four-stage targets
Profit is taken in four steps at increasing distances. The first closes a portion of the full position; each later step closes a share of what remains, until the last target closes everything. Lot sizes are rounded to two decimals and respect broker minimums, and target progress survives a terminal restart.

Market-close protection
No trades are carried overnight into the weekend break. All positions are closed a few minutes before the market closes and no new trades open inside that window.

On the chart
Entry, target, stop and trailing levels are drawn as lines with price labels. Hit targets, breakeven moves and trailing activation are marked, each trade is numbered, and a status strip shows the version and active settings. Popup alerts fire for signals, target hits, breakeven and close events.

Best suited for
Gold on intraday timeframes with a hedging account, since the Hedge and Multi modes depend on it.