Description
EA LAB / PRICE ACTION / EA016
Sweep & Pinbar
The wick takes the level.
The close tells the story.
A previous-candle sweep, a confirmed rejection and a next-bar entry. A clear price-action framework with an optional completed-timeframe EMA filter.

THE DECISION SEQUENCE
SWEEP → RECLAIM → CONFIRM
Wait for the candle to close. Validate its shape. Check the context. Define the initial risk. Execute only when the complete rule set agrees.
My robot. Your configuration. EA016 automates previous-candle sweeps with confirmed pinbar rejection. Native MT5 candles, actual ENTRY-to-exit paths and achieved RR make the trade sequence visible.
Closed-candle entries
BUY: sweep the previous low and reclaim it with a bullish rejection. SELL: mirror the process above the previous high. Configure sweep distance, reclaim distance and pinbar shape; optional H1/H4/D1 EMA context filters direction.
Defined initial risk
Every new position has a hard SL. Select signal extreme, ATR or fixed points; use balance-risk sizing or fixed lot. Broker tick size, lot steps, stops and free margin are checked.
Flexible exits, one clear trade record
- Fixed RR TP, opposite-signal exit or trailing-only mode.
- Optional M30/H1/H4 candle trailing with 1-4 completed candles.
- Inside-bar pause until a confirmed close breaks the remembered mother range.
- Optional broker-server entry hours and spread filter.
- Exact deal-based ENTRY and TP/SL/EXIT labels with achieved price R.
- Single own-position scope and isolation by symbol/magic number.
For the complete rule sequence, shape formulas and practical trade examples, read the linked strategy guide.
Historical test evidence
Owner-supplied MT5 v1.06 test: GOLD.pro, H1, 1 January 2025 – 1 October 2026, OANDA TMS. Initial deposit 5,000 USD, leverage 1:100. The supplied SET combines D1 EMA30, 08-22 broker-server entry hours, fixed 3.5R TP and three-candle H1 trailing.
PROFIT FACTOR
1.87
RELATIVE EQUITY DD
23.12%
The balance chart on this page is reconstructed from the original closed deals: USD 5,000.00 to USD 20,346.60.
| Measure | Reported value |
|---|---|
| Net profit | 15,346.60 USD |
| Completed trades | 104 |
| Profitable trades | 42 / 40.38% |
| Relative balance DD | 18.69% |
| Relative equity DD | 23.12% |
| History quality | 99%; 145,069,618 ticks |
| OnTester score | 193.6511378518294 |
This is one historical configuration, not verified live performance or out-of-sample validation. The report’s 104 trades and 23.12% relative equity DD pass the configured 40-trade / 35% ranking gates. Tick modelling mode is not stated by the HTML. Past results do not guarantee future performance.
Real examples: outcomes, not promises
28 January BUY closed through trailing SL at +2.36R. The next BUY on 29 January closed at -0.97R, followed by a 3.50R TP. On 16 May a SELL reached +3.50R, while 19 May SELL closed at -0.47R. The illustrated 21-page manual documents these actual report trades.
Price R uses initial stop distance and excludes fees/swap. A profitable trailing stop is labelled SL because that is its broker execution reason.
Actual MT5 trade examples
Original GOLD.pro H1 screenshots from the supplied v1.06 historical test. Click any chart to open the full-size image. Both winners and losses are included. Labels show achieved price R against the original stop, excluding fees and swap.





Your customer package
- Compiled EA016 v1.06 EX5 for MT5.
- GOLD H1 example SET with a blank license field.
- 21-page illustrated English user manual.
- Original MT5 HTML report, graph and five visual examples.
- START_HERE and release notes.
Download through authorized customer access after purchase. Private MQ5 source and customer license keys are excluded from the package.
License and optimization
Demo/live use requires an EA016 license bound to account login and server, with two account/server combinations per purchase. MT5 Strategy Tester works without online activation. Existing own positions remain managed when new entries are blocked by licensing.
Choose Custom max for optimization. Smooth Equity is the default ranking mode; Net Profit is a manual alternative. Acceptance gates default to at least 40 trades and no more than 35% maximum relative equity DD. These gates rank completed tests; they do not stop a live account at 35% drawdown.
Install, activate, test
- Copy EX5 to MQL5/Experts and refresh Navigator.
- Use an H1 chart for the supplied example and load the SET.
- Review symbol point size, risk and exit settings.
- Enter your purchase key and allow https://ea-lab.dev in MT5 WebRequest settings.
- Enable Algo Trading and verify the license state.
- Complete broker-specific backtests and demo validation before live use.
Frequently asked questions
Does it identify all swing-liquidity levels?
No. The implemented reference is the immediately previous candle. The conceptual artwork is not a literal specification of a multi-swing detector.
Is the example preset the code default?
No. The supplied preset uses fixed 3.5R TP plus trailing and EMA/hour filters. The code defaults use trailing-only mode with EMA/hour filters off.
Must MT5 remain running?
Yes, for new entries, candle trailing and signal exits. Submitted broker SL/TP are separate from software management.
Do I need an external custom indicator?
No. The source uses standard MT5 indicators and the terminal Trade library.
Support: ea@ea-lab.dev. Leveraged trading can cause loss of some or all of your capital.




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