NEXA Gold Pullback System

H1 Trend + M15 Pullback Based GOLD Swing Trading EA
Official User Manual (Final Version)

1. Overview

NEXA Gold Pullback System v2.0 is a swing trading Expert Advisor
designed exclusively for GOLD (XAUUSD).

The EA analyzes the medium-to-long-term trend on the H1 timeframe
and executes trades on the M15 timeframe by identifying pullback structures
that frequently appear in the GOLD market.

Instead of relying on a single indicator signal,
this system is built on a structured market flow:

Trend → Pullback → Breakout

This approach aims to reduce unnecessary short-term noise
and improve trade efficiency during trending market conditions.

2. Strategy Structure

2.1 H1 Trend Filter (EMA, RSI, ATR)

• EMA34 above EMA89 → Bullish trend

• EMA34 below EMA89 → Bearish trend

The distance between EMAs is normalized using ATR
to classify trend strength into three levels:

• Weak

• Normal

• Strong

RSI conditions are applied to filter out false or temporary trend signals.
No trades are executed during weak trend conditions.

2.2 M15 Pullback Structure

A pullback condition is considered valid when at least one of the following is met:

• RSI Pullback
  RSI stays within the 45–55 range on the previous bar
  and then exits in the direction of the main trend.

• EMA20 Pullback
  Price moves significantly away from EMA20
  and then returns back into the EMA20 area.

• Fibonacci Pullback (Optional)
  Price reacts within the 38.2–61.8 retracement zone.
  This option is disabled by default to prioritize stability.

2.3 PullbackScore System

Trade decisions are based on a scoring system rather than a single condition.

• H1 Trend Strength: 0–40 points

• Pullback Structure: 0–40 points

• Entry Trigger Structure: 0–20 points

Trades are allowed only when the total score is 55 points or higher,
helping to control trade frequency and maintain signal quality.

2.4 Entry Triggers (M15)

A trade is triggered when at least one of the following conditions is met:

• Breakout of the previous bar’s high or low
  accompanied by a clear directional candle.

• Previous bar located on the opposite side of EMA20
  followed by a breakout through EMA20 on the current bar.

This dual-trigger structure helps minimize false entries.

3. Stop Loss & Take Profit Structure

3.1 Stop Loss

• SL = M15 ATR × 3.4

• Designed to accommodate GOLD’s volatility.

3.2 Take Profit

• TP = SL × Risk-Reward Ratio 1.8

• Focused on expectancy rather than win rate.

3.3 Additional Risk Management Features

• Daily maximum loss limit

• Maximum account drawdown limit

• Automatic break-even protection

• Parabolic SAR-based trailing stop

• One position per symbol

• Spread filter

4. Trading Time Filter

Trades are executed only during the most stable GOLD trading sessions:

• 17:00 – 19:00 (Late London Session)

• 21:00 – 23:00 (Early New York Session)

Trading is restricted outside these time windows.

5. Backtest Results

(2022.01 – 2025.12, MetaTrader 5 Strategy Tester)

Initial Deposit: 1,000 USD

• Net Profit: +2,797.66 USD

• Profit Factor: 1.34

• Expectancy: +5.51 USD per trade

• Total Trades: 508

• Recovery Factor: 4.07

• Sharpe Ratio: 1.38

• Maximum Drawdown: -46.8%

These results are based on historical data
and do not guarantee future performance.

6. Installation & Setup

1. Launch MetaTrader 5

2. Open File → Open Data Folder

3. Copy the EA file into MQL5 / Experts

4. Open a GOLD (XAUUSD) chart

5. Attach the EA and enable Auto Trading

7. Recommended Trading Environment

• Symbol: GOLD (XAUUSD)

• Timeframes: H1 / M15

• Minimum Deposit: 500 – 1,000 USD

• Leverage: 1:100 – 1:500

• Broker Examples: ICMarkets, Pepperstone, XM

8. Risk Disclosure & Important Notes

This Expert Advisor is developed based on historical data
and does not guarantee future profits.

Depending on market conditions,
account drawdowns exceeding 40% may occur.

Trading may be restricted during high-impact economic events
such as NFP, CPI, or FOMC due to volatility filters.

This EA does not use martingale, grid, or hedging strategies.

Always test the EA on a demo account first
and use it only within your personal risk tolerance.

9. Summary

NEXA Gold Pullback System v2.0 is a
trend-and-pullback-based swing trading EA
designed specifically for the GOLD market.

All trades are executed automatically
based on predefined technical conditions,
without the use of high-risk trading methods.

Final Compliance Check

• No profit guarantee or misleading claims

• Clear backtest disclaimer

• No external links or promotional content

• Fully compliant with MQL5 Market rules

✅ Ready for direct use on the MQL5 Market.