EW Gold

  • Experts
  • Edgellence
    Edgellence
    3 (2)
    Hello, my name is Jan-Bart Bergers. I am the lead developer at Edgellence and recently took on the role of fund manager at Demtah Capital. My professional journey began as a software engineer at the Euronext Derivatives Market in Amsterdam. With over a decade of experience in coding automated
  • Version: 1.5
  • Updated: 23 March 2025
  • Activations: 5
All our products are designed for serious traders—focused on skill, strategy, and reliability, no AI gimmicks or quick-rich shortcuts.
The EW Gold strategy focuses on identifying oversold conditions in trending markets. Once oversold levels are detected, the EA places buy orders, anticipating a price rebound in alignment with the prevailing trend. Built within the Edgellence framework, it includes:
  • Automatic lot sizing
  • Money and risk management features
  • Break even and trailing stops
  • Daily- and total return tracking
  • Integration with ForexFactory
  • Multilanguage support

Short Explanation of This Strategy

The EW Gold strategy is based on the historical observation that markets often rebound strongly after becoming oversold during a trend. This EA identifies these opportunities and places buy trades accordingly. Trades are automatically closed with a trailing stop-loss after the break-even threshold is reached.

Because trades can remain open for longer periods, this incurs swap costs. These can be significant but do not outweigh the benefit of following the trend.

To improve its accuracy and efficiency, this EA includes:

  • MA filter: Only triggers buy trades when the opening price is below the moving average, anticipating a reversal to the upside.

Settings are customizable, allowing traders to fine-tune filters for optimal results.

Configuration Files

The EA uses a proprietary properties file that you can maintain outside the terminal. However, to give you a head start and support backtesting, default set files are provided. These files are available in the Comments section of this product page and can be loaded directly into your MT5 platform for immediate use.
[read more]

Product Updates

Our products are continuously improved, and new products are regularly launched. Subscribe to our channel and stay up-to-date!

Support

Purchasers of this EA can schedule a free 15-minute Google Meet session for further explanation and support. This session offers personalized assistance to ensure you get the most out of the product and address any questions or concerns.

I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.

Parameters

Parameter Description
Expert Advisor
_Alias Name or identifier for the Expert Advisor for reporting purposes.
_PropertyFile Specifies the property file to be used to override Expert Advisor inputs.
_FileSubdirectory Subdirectory for associated files.
_ActivationStartDateTime Start date/time for activation.
_Debug Enable or disable debug mode.
Trade Management
_MaxBuyTrades Limits the number of buy trades.
_EnableBreakEven Activates a breakeven mechanism.
_BreakEvenPercentageOfPrice Percentage required to trigger breakeven.
_EnableTrailingStop Enable a trailing stop mechanism.
_DailyMaxDrawdownAmount Sets the daily maximum drawdown limit on account level (account protection).
_ShowCloseAllButton Displays a manual close-all button.
Returns
_StartDayTrading Defines the start day for trading or opening account.
_ResetTimeDailyProfitLoss Resets daily profit/loss calculations (HH:mm).
_InitialBalance Initial account balance as a basis for daily return calculations.
Daily System Maintenance Tasks
_TimeMaintenance Specifies a maintenance or update time (HH:mm).
_DumpVariables Controls variable dumping for debugging.
News
_UseLocalForexFactoryFile Indicates use of local Forex Factory files. (If false files are loaded from internet)
_ForexFactoryOffsetHours Offset for Forex Factory news time in hours.
_ClosePositionsOnNews Closes positions during news events.
_MinutesBeforeAfter Buffer time around news events .
Virtual Account Size
_ReferenceAccountSize Virtual account size as basis for position sizing calculations (over leveraging).
[read more]
_PercentageOfBaseCapital Percentage of the virtual account size to allocate to trading.
Strategy
_CalculatedLotSize Enables automatic lot size calculation.
_FixedLotSize Sets a fixed lot size if applicable.
_StopLossPercentageOfPrice Percentage or asset price for stop-loss calculation.
_Sensitivity Sensitivity to recognize trading opportunities (0-10)
Filters
_ApplyMAFilter Applies a moving average filter (SMA).
_MAPeriod Period for the moving average filter (follows the chart period)


Check video in max resolution (Youtube - Settings - Quality - 1080p60 HD).

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XT Bitcoin Robot is an advanced  automated trading system  designed specifically for  BTCUSD traders  who want to take advantage of Bitcoin's market volatility without the need for constant market monitoring. The robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic, helping traders stay active in the market 24 hours a day without manual intervention. The system is designed to identify trading opportunities and manage positions accor
Nexorion Initium Novum EA
Valentina Zhuchkova
4.23 (26)
NEXORION: Initium Novum — Deterministic Logic and Algorithmic Synthesis NEXORION is an institutional-grade analytical complex based on rigorous mathematical liquidity processing algorithms. The core concept of the project is "computational transparency": the expert advisor transforms chaotic price feeds into structured geometric zones, visualizing the decision-making process directly on the trading chart. Real-Time Monitoring https://www.mql5.com/en/signals/2378408 https://www.mql5.com/es/signa
The Gold Space
Ayush V Jain
5 (3)
Price Increases on monday. Live Signal on Vantage https: // www.mql5.com/en/signals/2378090 https: // www.mql5.com/en/signals/2378091 live signal is running mode/option 1 with autolot 2 % risk. Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for MetaTrader 5, this EA capitalizes on high-probability volatility expansions using a precise, dynamically calculated breakout algorithm. It eliminate
Vexora sera
Fatima Zohra Ed Dachraoui
5 (2)
Transparency We believe the best way to evaluate an Expert Advisor is through its real, live trading performance . Live Trading Signal: https://www.mql5.com/en/signals/2379635?source=Site+Signals+My Technical Support :     https://www.mql5.com/en/users/fatima-zohraed/news                                           Settings Guide     Launched at $199 Now $299 — Only 10 Copies Available Secure your copy at $299 before the next price increase to $399. VEXORA SERA  : The True Power of Professional G
XIRO Robot MT5
MQL TOOLS SL
5 (34)
XIRO Robot is a professional trading system created to operate on two of the most popular and liquid instruments on the market:  GBPUSD, XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable and
Microedge Neural Matrix EA
Peter Robert Grange
5 (4)
MICROEDGE NEURAL MATRIX EA Precision at the Edge of Market Structure LIVE SIGNAL — REAL ACCOUNT PERFORMANCE https://www.mql5.com/en/signals/2383765 Follow MicroEdge Neural Matrix EA under real market conditions, including current and historical trades, balance and equity development, drawdown, trading frequency, spreads, liquidity changes, and broker execution. Historical testing demonstrates how the architecture behaved under previous market conditions. The live signal demonstrates how the syst
Boring Pips MT5
Thi Thu Ha Hoang
4.77 (52)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is  Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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EW Close All – One Click. All Closed. EW Close All is a lightweight, multi-language Expert Advisor that lets you close all trades and cancel all pending orders instantly — with just one button click . Closes all open positions Cancels all pending orders Works on any symbol and timeframe Multi-language interface Clean, fast, and reliable Perfect for quick exits, risk control, or end-of-day cleanups. Stay in control — close everything in seconds with EW Close All .
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All our products are designed for serious traders—focused on skill, strategy, and reliability, no AI gimmicks or quick-rich shortcuts. This EA implements the Enhanced Momentum strategy, a typical trend-following approach, sometimes referred to as 'Go Long.' Built within the Edgellence framework , it includes: Automatic lot sizing Money and risk management features Break-even and trailing stops Daily- and total return tracking Integration with ForexFactory Multilanguage support This strategy is
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All our products are designed for serious traders—focused on skill, strategy, and reliability, no AI gimmicks or quick-rich shortcuts. The EW Stock Scanner  is our Flagship product, an excellent trading tool that  trades  systematically and autonomously all stock CFDs. It scans and trades over 500 assets simultaneously, ensuring precise execution and broad market coverage. Built within the Edgellence framework , it includes: Automatic lot sizing Money and risk management features Break-even and
All our products are designed for serious traders—focused on skill, strategy, and reliability, no AI gimmicks or quick-rich shortcuts. The EW Bitcoin strategy focuses on identifying oversold conditions in a trending market. Once oversold levels are detected, the EA places buy orders, anticipating a price rebound in alignment with the prevailing trend. Built within the Edgellence framework , it includes: Automatic lot sizing Money and risk management features Break even and trailing stops Daily-
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