GoldTraderPro

GoldTraderPro EA – Risk Based Break of Structure Trading Robot

GoldTraderPro EA is an automated Expert Advisor for MetaTrader 5 based on the Break of Structure (BOS) price action strategy.

The EA identifies confirmed swing highs and swing lows and opens trades only when a valid market structure break occurs with candle confirmation, helping traders avoid random or premature entries.

It uses risk-based position sizing, ensuring that each trade risks a fixed percentage of the account balance, regardless of symbol or market conditions.

🔹 Key Features

✔️ Break of Structure (BOS) strategy
✔️ Automatic swing high / swing low detection
✔️ Risk-based lot size calculation (% risk per trade)
✔️ Fixed Stop Loss and Take Profit (points)
✔️ Maximum open trades limiter
✔️ Broker stop-level & volume safe (Market compliant)
✔️ Works on any symbol and timeframe
✔️ No martingale, no grid, no averaging
✔️ No indicators required (pure price action)

🔹 Trading Logic

  • The EA detects valid swing highs and swing lows

  • A trade is opened only when market structure is broken

  • Previous candle confirmation is required

  • Stop Loss and Take Profit are placed automatically

  • Lot size is calculated based on RiskPercent

  • The EA will not exceed the maximum number of open trades

🔹 Input Parameters

  • RiskPercent – Percentage of account balance risked per trade

  • AllowBuy – Enable or disable BUY trades

  • AllowSell – Enable or disable SELL trades
    (For Gold/XAUUSD, disabling SELL trades is highly recommended)

  • StopLossPoints – Stop Loss distance in points

  • TakeProfitPoints – Take Profit distance in points

  • MaxOpenTrades – Maximum number of simultaneous BOS trades

🔹 Recommended Settings

Timeframes:
✅ M15 (Recommended) 

Symbols:
Forex pairs, Gold (XAUUSD), Indices

RiskPercent:
0.1% – 0.5% (Use with caution)
(Higher risk results in higher drawdown)

🔹 Gold (XAUUSD) Specification – Recommended

For accurate risk calculation, ensure your broker uses the following Gold contract specifications:

  • Digits: 2

  • Tick Size: 0.01

  • Tick Value: 0.01

  • Contract Size: 1 or 100

  • Set Sell To: False

  • Minimum Balance: 1000 usd

⚠️ Important:
If your broker’s Gold contract specifications differ, lot size calculation and actual risk may vary.

⚠️ Risk Disclaimer

Trading involves significant risk and may not be suitable for all investors.
Past performance does not guarantee future results.
Always test the EA on a demo account before using it on a live account.


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