EA MW Pattern

Automated Gold Trading System (M5 Timeframe, 2 Decimal Points

This is an automated trading system designed to trade gold (XAUUSD) using the M5 (5-minute) timeframe. All prices are calculated using 2 decimal places. The system enters trades based on the detection of M and W chart patterns, with clearly defined entry, take profit (TP), and stop loss (SL) levels.

Entry Conditions:

  1. Buy Order:
    • Triggered when a W pattern is detected (bullish reversal signal).
    • Confirm the second low of the W is not lower than the first low.
    • Price breaks above the neckline (resistance level between the two lows).
  2. Sell Order:
    • Triggered when an M pattern is detected (bearish reversal signal).
    • Confirm the second high of the M is not higher than the first high.
    • Price breaks below the neckline (support level between the two highs).
  3. Other conditions 

    • All entries and exits use 2 decimal precision 
    • Trade only once per pattern confirmation.
    • No re-entry until a new valid M or W pattern is formed.
    • Optionally include a filter such as RSI or moving average to confirm trend.





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NEURALIS CORTOID GOLD   The Adaptive Intelligence Built Exclusively for XAUUSD     For NDX       https://www.mql5.com/en/market/product/187869   https://www.mql5.com/en/signals/2385985  ; Early days the brain started learning . You can set the EA one timeframe, one trade  . I use a few timeframes and a basket , but this EA in no way is a grid or martigale ; you set the lots and no of trades. Back tests on neurals are very difficult especially in mt4 ; the mt5 version of this EA has excellent ba
GHS (Gann HiLo System ) is an expert advisor that trades the resumption of a trend after a pullback, using the Gann HiLo Activator as its directional reference. It does not chase price or try to anticipate reversals: it waits for the line to define a trend, waits for price to pull back against it, and enters only when the market clears the prior extreme of the move, confirming it wants to resume its direction. The Gann HiLo indicator is calculated inside the advisor itself, so no external indic
Limited-time 30-day promotion: Get Kenni Trades Gold Breakout for only $499.99 —regularly $799.99 —and receive Kenni Daily Scalp Breakout Gold FREE with your purchase. This exclusive offer is available for 30 days only. Kenni Trades Gold Breakout  now includes three selectable trading modes:   Kenni Gold Breakout ,   Kenni Daily Scalp Breakout Gold , and   Kenni Prop Firms . Kenni Trades Gold Breakout  is an automated trading system developed specifically for Gold on MetaTrader 4 hedging account
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