Gold N Shape M5
- Experts
-
Lai Kwang Hwa
I am an independent trader focusing on XAUUSD (Gold), with an emphasis on risk control, consistency, and systematic execution.
My work is centered around:
Market structure and trend filtering
Rule-based trade execution
Reducing emotional interference in trading - Version: 2.0
- Updated: 16 February 2026
- Activations: 5
Gold N-Shape M5 EA is an automated trading tool designed for XAUUSD on the M5 timeframe.
The EA detects a short-term “pullback + continuation” candle pattern and places pending orders (Buy Stop / Sell Stop) with a configurable entry offset. Trades are filtered by ADX to avoid low-momentum conditions. An optional strong-trend filter can block counter-trend entries.
It also includes a cTrader-style dynamic trailing stop, and can optionally manage manual positions (magic number = 0) on the same symbol.
Main Features:
- Designed for XAUUSD (M5)
- Pending order execution (Buy Stop / Sell Stop)
- Candle pattern: pullback + continuation setup
- ADX filter to reduce trading in weak momentum
- Optional counter-trend blocking in strong trend
- Pending orders auto-cleanup (expiry by bars)
- Fixed SL / TP (pips-based)
- Optional dynamic trailing stop (distance / start / step)
- Optional management of manual orders on the same symbol
Risk Warning:
Trading involves risk. This EA does not guarantee profit. Please test on a demo account before using it on a live account.
