Gold Simple EA

Gold Simple EA

Gold Simple EA is an automated trading system for MetaTrader 5. It is designed to analyze market conditions and execute trades based on predefined rules using trend and volatility data.

The EA combines moving average analysis with volatility filtering to identify possible trading opportunities and manage positions according to user-defined risk settings.

Main Features

  • Automated trade execution
  • Multi-timeframe moving average analysis
  • ATR-based volatility filter
  • Configurable Stop Loss and Take Profit
  • Fixed or risk-based lot size calculation
  • Optional Friday position closure
  • Spread and margin checks before trading
  • Magic Number support for trade management
  • Compatible with netting accounts

How It Works

The EA evaluates market direction using moving averages on different timeframes.
Trade signals are generated when trend conditions and volatility requirements are met.

Before opening a position, the EA checks:

  • Market conditions
  • Spread level
  • Available margin

Stop Loss and Take Profit levels are calculated automatically based on the selected settings.

Risk Management

The EA includes basic risk control options:

  • Lot size can be fixed or calculated based on account balance
  • Stop Loss and Take Profit can be adjusted
  • Optional closing of trades before the weekend
  • Spread and margin validation before order execution

Inputs

Users can configure:

  • Moving average periods
  • Timeframes for analysis
  • ATR filter settings
  • Risk percentage or fixed lot size
  • Stop Loss and Take Profit parameters
  • Trading time and filters

Compatibility

  • Platform: MetaTrader 5
  • Instruments: Any symbol provided by the broker
  • Recommended: XAUUSD (Gold)
  • Timeframes: All supported timeframes

Important Information

This Expert Advisor does not guarantee profit.
Trading involves risk, and losses are possible.

Results depend on market conditions, broker settings, and user configuration.
Testing on a demo account before live use is recommended.


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Experts
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