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The XAUUSD gold ea mt5

2022-2024 Backtest | +300% Profit | 23% DD | 91 Gains | 7 Losses | 3.17 Profit Factor

This is a powerful Expert Advisor for trading XAUUSD in MT5 platform, with $100 USD minimun deposit and an impressive accuracy and performance.

This EA works like a hunter, analyzing the price movement, its strength and trend, patiently waiting for the best opportunities to perform its work extremely effectively.

The EA strategy is based on Price Action, Smart Money Concepts (SMC) and Fibonacci, looking for the biggest movement trends and seizing the best opportunities.


Profit hunter:

This EA will work tirelessly to chase your profit. Protecting your capital in drawdown periods and taking advantage of all growth opportunities.


Security Always:

This EA is very SAFE, it does NOT use Grid, Martingale or Hedge strategies. All trades have only one entry per trade and are protected by a hard stop loss.


Key features:

Traded Symbol: XAUUSD or GOLD.

This EA continuously analyzes the price movement and when it identifies the best opportunities, it sends a single limited order, thus opening a position.

Each position has a fixed Take Profit and a fixed Stop Loss from the beginning.

The lot is also calculated and determined automatically from the inputs.

Be aware: This Expert generates few entries, so to get the most out of its performance, I suggest using it in conjunction with other Experts.


How to install:

  1. Download this EA,
  2. Make sure that all pairs (XAUUSD) are in the Market Watch (Ctrl+M),
  3. Have the XAUUSD chart on the H1 timeframe,
  4. Place this EA on the XAUUSD chart,
  5. Check and adjust the parameters as shown below,
  6. Click OK to activate, 
  7. Done!


    If you want to customize, there are these parameters:

    • [#01] Magig Number,
    • [#02] Target Profit (USD),
    • [#03] Reward/Risk (1/...),
    • [#04] Comment.


    Recommendations:

    • Pairs:  XAUUSD or GOLD,
    • Timeframe: H1,
    • Minimum Deposit: $100
    • Brokers: IC Markets, Pepperstone, Tickmill, FBS, Zero Markets, XM, Roboforex, Admirals or others.
    • Account type: ECN, Pro, Raw, Razor, Super or others with very low spread.
    • Leverage: 1:100


    Commitment to Continuous Improvement:

    I am committed to continuously optimize and improve all my EAs to give you and me the best possible trading experience.

    You will receive all UPDATES for FREE and I will also add new features to the EA based on customer suggestions.


    If you have any questions or need help, please contact me.


    Download now and enjoy this powerful EA.


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    Version 3.0 2024.05.14
    Optimizations
    Version 2.0 2024.05.13
    Redefining inputs