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Gold Lance

49 USD

Demo downloaded: 46

Published: 28 January 2026

Current version: 1.0

Gold Lance

Experts
Daichi Matsuki
Daichi Matsuki
Japan

307
1 comment
Version: 1.0
Activations: 10

Gold Lance

Gold Lance is a preset Expert Advisor designed specifically for Gold (XAUUSD). It aims to keep the entry logic as simple and testable as possible during breakout conditions, while combining filters such as RSI to reduce low-quality entries.

This EA focuses on risk management through practical, transparent logic rather than exaggerated marketing claims (e.g., “AI / machine learning / quantum computer” buzzwords). It uses a DD% forced exit (Balance/Equity selectable) together with SL/TP, and an optional fixed-pips trailing stop.

To maintain consistent behavior, the core internal parameters are preset and locked. Only the settings that users may need to adjust—such as trading hours, maximum spread, and lot management—are available as inputs.

Pricing Notice
The current price is introductory. After the first 5 sales, the price will be updated to $98.

Recommended Setup

Symbol: Gold (XAUUSD) only
Timeframe: M30
Account type: Hedging and Netting supported

Main Features

No Martingale, no Grid
Orders are always protected by a floating-loss (DD%) risk exit (Balance / Equity selectable)
Easy to use with default settings

Inputs (User Settings)

TradeStartTime / TradeEndTime — Trading session (server time)
MaxSpreadPips — Maximum allowed spread (entries are skipped if exceeded)
MAGIC — Magic Number for position identification
UseCompound — Enable/disable compounding
BaseLots — Base lot size
CompoundMargin — Balance step for compounding
DDBase — Drawdown base (Balance or Equity)
ExitLossPct — Forced exit threshold (%)
UseTrailingStop — Enable/disable trailing stop
TrailingStopPips / MinProfitPips — Trailing settings
ShowInfoPanel — Show/hide the information panel

Support

Support is provided via MQL5 Messages (the internal messaging system on MQL5.com).
After purchase, if you have any questions about the set file, installation instructions, broker symbol names (XAUUSD derivative names) or how to apply the recommended settings, please contact us via MQL5 messages.

Important Notes & Risk Disclosure

This product is designed for Gold (XAUUSD). Trading is disabled on non-Gold symbols.
Backtest results and past performance do not guarantee future results.
Trading involves risk. Please use appropriate settings for your account size and risk tolerance.
Using a VPS is recommended for stable execution.

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Gold Lance

Daichi Matsuki

Gold Lance

Recommended Setup

Main Features

Inputs (User Settings)

Support

Important Notes & Risk Disclosure