Gold Skeith Era MT5

Gold Skeith Era EA is a fully automated Expert Advisor designed specifically for trading breakout volatility on XAUUSD (Gold). The strategy focuses on daily range boundaries, executing orders based on the previous trading day's high and low price levels.

Strategy Concept

At the start of each new broker server day, the EA identifies the previous day's high and low extremes and places two pending orders:

  • A Buy Stop above the previous day's high.
  • A Sell Stop below the previous day's low.

Once one side is triggered, the opposite pending order can be automatically cancelled (OCO mode), locking the session to a maximum of one trade cycle per day. Every position is protected by a pre-defined fixed Stop Loss and Take Profit upon entry.

The system adheres to strict risk control:

  • No Martingale
  • No Grid or Averaging
  • No Hedging or Arbitrage
  • Strict Fixed Risk per Trade

Input Parameters

  • Fixed Lot Size: Trade volume used if money management is disabled.
  • Risk Percent: Automatic lot calculation based on percentage of account equity/balance.
  • Stop Loss (Points): Fixed protective stop loss applied to active positions.
  • Take Profit (Points): Fixed target profit applied to active positions.
  • Cancel Opposite Order: If set to true, cancels the secondary pending order as soon as one triggers.
  • Pending Order Expiration (Hours): Duration in hours before untriggered pending orders expire.
  • Magic Number: Unique identifier for the EA's orders on the account.
  • Order Comment: Custom text attached to orders for tracking and journal filtering.

Recommended Settings & Setup

  • Symbol: XAUUSD (Gold)
  • Timeframe: Any timeframe (the EA calculates levels using Daily D1 data internally).
  • Account Type: Raw Spread / ECN with low commissions.
  • Execution: VPS with low latency to your broker’s server is recommended.
  • Minimum Balance: $100 for 0.01 micro-lots (or scaled per your risk percentage).

Strategy Tester & Evaluation

Before live deployment, run the EA through the MetaTrader Strategy Tester using:

  • Model: "Every tick based on real ticks" or "Every tick".
  • Historical Data: Quality tick data that reflects realistic variable spreads and slippage.
  • Test on demo accounts first to confirm your broker's daily rollover timing and server time zone alignment.
    •
Check the live monitoring on my profile.

Risk Warning

Trading spot gold and leveraged CFDs involves substantial risk. Past backtesting results or demo performance do not guarantee future profitability. Always verify your position sizing and test thoroughly before committing capital.

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Lo Thi Mai Loan
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Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal Setfile  (Risk 2% per trade)  No hype. No empty promises. Diamond Scalper is an MT5 Expert Advisor for Gold (XAUUSD) that combines three independent strategies (trend-following + breakout), 11 configurable risk modes, a news filter, automatic Friday close, and built-in equity/drawdown account protection - no martingale, no grid, no hedging. Built for traders who value disciplined automation, controlled risk, and long-term operatio
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SomaGold is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for Gold (XAUUSD). One chart, one EA, 32 independent strategies running together as a single diversified portfolio. Live Signal. This is my first published EA on MQL5. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold Early buyers lock in the lowest price for the lifetime of the product. Concept Instead
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MQL TOOLS SL
4.34 (113)
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The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Scalper speed with sniper entries. Built for Gold. Limited sale - 399 USD only instead of 499 USD Tired of all the fake EAs that eventually disappear? Most authors just create another EA when it fails - I wanted to do it differently. Wave Rider is my personal project built out of passion - honest, transparent EA without any fake AI or manipulated back-test that's been continuously updated for more than 6 months, that I am using myself from very first day. Check the Manual  or  Broker performance
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