Elitieum For XAUUSD

Elitieum Expert Advisor

A sophisticated trading robot that combines Williams' Percent Range and Envelopes indicators to identify optimal entry and exit points in the market.

Key Features

  • Entry Strategy: Uses Williams' Percent Range (24 period) with a -32.5 level for precise entry signals
  • Exit Strategy: Implements Envelopes indicator (12 period, 0.76% deviation) for optimal exit timing
  • Risk Management: Fully customizable Stop Loss and Take Profit levels
  • Advanced Protection Features:
    • Maximum spread control
    • Daily loss limits
    • Equity drawdown protection
    • Position size limits
    • Multiple position management

Trading Logic

Entry Rules

The EA enters trades based on the Williams' Percent Range (WPR) indicator:

  • Buy Signal: When WPR crosses above -32.5 from below
  • Sell Signal: When WPR crosses below -67.5 from above

Exit Rules

Positions are closed when the price crosses the Envelopes bands:

  • Long positions: Close when price crosses upper band
  • Short positions: Close when price crosses lower band

Risk Management Features

Trade Protection

  • Customizable Stop Loss and Take Profit levels (in pips)
  • Flexible lot size management
  • Maximum spread filter to avoid trading in high-spread conditions

Account Protection

  • Daily loss limit (in currency)
  • Maximum daily drawdown percentage
  • Minimum and maximum equity thresholds
  • Maximum open positions limit
  • Maximum total lot size control

News Filter

Built-in news filter with customizable settings:

  • Filter by currency pairs
  • Separate settings for high and medium impact news
  • Adjustable time windows before and after news events
  • Option to display upcoming news events

Additional Features

Session Management

  • Fully configurable trading sessions
  • Options for handling specific trading days
  • Session close management

Performance Monitoring

  • Real-time position tracking
  • Detailed trading statistics
  • Daily, weekly, and monthly performance metrics
  • Visual display of key trading parameters

Installation Requirements

  • Platform: MetaTrader 5
  • Recommended timeframe: H1
  • Recommended pairs: XAUUSD (Gold)
  • Minimum deposit: Based on broker's requirements for XAUUSD trading

Package Includes

  • Expert Advisor installation file
  • Detailed user manual
  • Optimization settings file
  • Free updates and support

Recommended Settings

  • Currency Pair: XAUUSD
  • Timeframe: H1
  • Initial Lot Size: 0.10
  • Williams' Percent Range Period: 24
  • Envelopes Period: 12
  • Envelopes Deviation: 0.76%

Important Notes

  • Past performance does not guarantee future results
  • Demo testing is recommended before live trading
  • Risk capital should be used for trading
  • Results may vary depending on market conditions and broker conditions

For optimal results, it's recommended to run this EA on a stable VPS with reliable internet connection. Always start with demo trading to familiarize yourself with the EA's behavior and to verify its compatibility with your broker's trading conditions.

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SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin
Chiroptera
Rob Josephus Maria Janssen
4.55 (47)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
AI Scalping MT5
Lo Thi Mai Loan
5 (2)
AI Scalping EA for EURUSD and BTCUSD Promo Price The EA is currently available at a discounted price. Only 3 slots are left at this price. After the discount period, the regular price will be $1999 . JOIN GROUP: Click here Input Guide: Open the input guide Setfile: Download the recommended setfile Live signal: [ Click Here ] Other EAs you may like: AI Aurum Pivot | Vega Bot | Bitcoin Scalping !!! When purchasing this EA, you may have a chance to receive Diamond Quant and bonus EAs from the priva
Vex Gold EA
Lars Laeremans
5 (6)
VEX 2.00 is now live with the new optional Prop Firm Mode. 10 more Hours left at $ 195 . After July 20 price will change to $ 299 permanently. No grid. No martingale. One position at a time. Controlled risk on every entry. Live Trading Signal: BlackBull Live Signal   BlackBull Live HIGH risk New public channel with upcoming updates and broker-by-broker comparisons https://www.mql5.com/en/channels/vexgoldea Setup instructions and usage guidelines View user manual Defined rules. Fixed
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Elevate your trading to the pinnacle of precision with Pinnacle Scalper EA – the advanced Price Action Scalping solution for MT5. Overview: Pinnacle Scalper EA is a state‑of‑the‑art automated trading tool designed to capture high‑probability breakout opportunities in trending markets. By fusing multiple technical filters—including H1 EMA trend confirmation, dynamic ATR‑based risk management, and robust M15 ADX trend strength analysis—this EA adapts seamlessly to evolving market conditions. Its
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