Mpx Ibs4 Inside Bar1.0

EALegit summary — unaudited listing

MPX-IBS4 is a MetaTrader 5 expert advisor for Gold (XAUUSD) on the H1 timeframe that trades Inside Bar breakout patterns. It requires the current bar's high and low to fall within the previous (mother) bar's range, filtered by a narrow-range condition (inside bar width under 40% of the mother bar), and aligned with a 50-period EMA trend filter. Entries are pending BuyStop/SellStop orders at the mother bar's extremes plus an ATR buffer, managed with an OCO system that cancels the opposite order once one triggers, and pending orders expire after a set number of bars. Risk is managed via percent-based position sizing (default 1%), a stop loss at the opposite mother bar extreme plus ATR buffer, a fixed risk:reward ratio (default 2.5R), and a hard maximum lot cap; it requires a hedging account and uses no grid or martingale.