Gold Wick Pro

Gold Wick Pro

15-Minute Wick Box Breakout Expert Advisor for Gold (XAUUSD)

Gold Wick Pro is a price-action based Expert Advisor designed specifically for Gold (XAUUSD) on the M15 timeframe.
It detects structured consolidation zones formed by wick activity and executes breakout trades using a disciplined, rule-based approach.

This EA is built for traders who prefer simple technical logic, controlled execution, and automated trade management without martingale, grid, or dangerous recovery systems.

Core Strategy Logic

Gold Wick Pro identifies a valid trading box using:

  • Two-candle wick behavior

  • Consolidation range filtering

  • Breakout confirmation above or below the box boundaries

Once the market breaks the box structure, the EA enters in the breakout direction with predefined risk management.

Key Features

✅ Wick Box Detection (M15)

  • Automatically scans recent candles for wick-based consolidation zones

  • Filters box size using minimum and maximum range parameters

✅ Breakout Execution

  • Buy trades when price breaks above the box high

  • Sell trades when price breaks below the box low

✅ Built-in Trade Management

  • Stop Loss placed at the opposite side of the box

  • Take Profit calculated using R-multiple logic

  • Automatic Break-Even protection after reaching the defined profit threshold

✅ One Trade Per Day Option

  • Optional daily trade limit to reduce overtrading

  • Helps maintain disciplined execution

✅ Flexible Lot Sizing Modes

Choose between:

  • Fixed Lot Size

  • Balance-Based Auto Lot (capped)

  • Risk Percentage Lot Calculation

Recommended Settings

  • Symbol: XAUUSD (Gold)

  • Timeframe: M15

  • Broker: Low spread, ECN recommended

  • Minimum Deposit: Depends on lot size and risk mode

  • Trading Style: Intraday breakout and swing continuation setups

Inputs Overview

Main user inputs include:

  • Minimum and Maximum Box Range

  • Lookback Candle Depth

  • Break-Even Trigger Level

  • Take Profit Multiplier (R-based)

  • Lot Mode Selection

  • Magic Number and Slippage Control

All inputs are fully adjustable for optimization.

Important Notes

  • Gold Wick Pro is a technical breakout EA, not a scalping system

  • It does not use martingale, grid, arbitrage, or high-risk recovery methods

  • Trading involves risk, and results may vary depending on broker conditions, spread, volatility, and execution quality

  • Backtest results do not guarantee future performance

Users are strongly advised to test on a demo account before live trading.

Support

For questions, setup guidance, or updates, you may contact the author through the MQL5 Market messaging system.

Gold Wick Pro is designed to provide a clean and structured automation of wick-box breakout behavior in the Gold market.


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The advisor is based on my  Author's indicators . No  AI  or any other nonsense. Only a combination of indicators, levels and price action. Does not use dangerous trading methods, works on   XAUUSD M1  and with currency pairs! Always sets   Stop Loss   and   Take Profit . Real signal: https://www.mql5.com/en/signals/2388322 Be sure to contact me after purchase and send me your trading account number to activate the advisor!! Do not use it without me!!! -------------------------------- Installati
Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience. With proper brokerage conditions and sufficient running time, this fully automated scalpi
Quantum Emperor MT5
Bogdan Ion Puscasu
4.84 (506)
Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan for free !*** Ask in private for more details Verified Signal:   Click Here MT4 Version
Scalping Index Pro is a professional trading system designed specifically for fast and precise scalping on US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic trading wit
Prop Firm Gold EA
Jimmy Peter Eriksson
4.58 (33)
PRICE INCREASE SOON! Simple  Plug & Play Setup No Risky Martingale/Grid Live Signal  |  FTMO Results  |  Public Community Final Price: $990 The Strategy Prop Firm Gold EA is a multi-strategy trading system designed specifically for Gold (XAUUSD) on the MT5 platform. The system combines multiple logics, using breakout-based concepts to capture the dominant intraday direction, together with intraday price patterns. This allows it to adapt to different intraday market conditions rather than relyi
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