Queen Gold

QUEEN GOLD

Previous Day Breakout EA for XAUUSD

© Panyanon H. Made In Thailand

What is Queen Gold?

Queen Gold is a fully automated Expert Advisor built exclusively for XAUUSD (Gold) trading on the M30 timeframe. The strategy is based on one of the most reliable price action concepts in professional trading — Previous Day High/Low Breakout.

Every day, gold respects its previous day structure. When price breaks above the previous day High or below the previous day Low, institutional momentum follows. Queen Gold captures that momentum from the first breakout candle with precise ATR-based entries and exits.

No martingale. No grid. No dangerous money management. Just pure breakout logic backed by dynamic ATR risk management.

How It Works

Queen Gold records the previous day High and Low at the start of every new trading day. When price breaks above the previous High, a Buy order is placed. When price breaks below the previous Low, a Sell order is placed.

Every entry is filtered by EMA(200) to ensure trades are placed only in the direction of the prevailing trend. Buy trades are taken only when price is above EMA(200). Sell trades are taken only when price is below EMA(200). This eliminates low-quality trades against the trend.

Stop Loss and Take Profit are calculated dynamically using ATR(14), automatically adapting to current market volatility. No fixed pip values. No guessing. The EA adjusts to whatever the market is doing that day.

Session Coverage

Queen Gold operates across two session windows to maximize trade opportunities while avoiding low-liquidity periods.

The Asian Session runs from GMT 01:00 to 08:00, capturing early momentum moves before London opens. The London and New York Session runs from GMT 08:00 to 20:00, covering peak liquidity hours where the highest quality breakouts occur. On Fridays, the EA automatically stops trading at GMT 17:00. No positions are held over the weekend.

Protection Systems

Queen Gold includes multiple layers of account protection that run on every tick.

A Daily Loss Limit pauses the EA automatically when the daily loss reaches the set percentage of balance. The EA resets automatically the following day. A Break-Even System moves the Stop Loss to the entry price plus a small buffer once profit reaches a set ATR distance, making the trade risk-free. A Trailing Stop is available as an optional feature to lock in progressive profits as price moves further in the trade direction.

Before every single order, the EA verifies account balance, equity, free margin, and margin level. If any condition is not met, the trade is skipped entirely. Slippage protection rejects any order where the fill price differs from the requested price by more than 30 points. The filling mode is detected automatically and works on any MT5 broker without manual configuration.

Visual Tools

Queen Gold transforms the chart into a professional trading workspace. The main chart displays real-time ATR-based SL and TP zone lines, Previous Day High and Low levels, and the EMA(200) trend reference line — all color-coded and updated on every tick. A dashboard in the upper left shows session status, EA status, trend direction, break-even status, trailing stop status, daily profit and loss, trade count, win rate, and profit factor. The Queen Gold logo appears in the upper right corner of the chart.

Risk Management Philosophy

Every trade risks exactly the percentage of current account balance set in RiskPercent. Lot size is calculated automatically based on the ATR-based stop loss distance and current account balance. No trade ever risks more than the set percentage regardless of market conditions. A hard lot cap provides an absolute ceiling as an additional safety layer.

Conservative traders can use 1% risk for steady, controlled growth. Moderate traders can use 2% for a balance between growth and risk. Aggressive traders can use 3% for maximum return potential with higher drawdown tolerance.

Requirements

Queen Gold requires MetaTrader 5 and is designed exclusively for the XAUUSD symbol on the M30 timeframe. A minimum deposit of 100 USD is required though 500 USD or more is recommended for comfortable operation. A leverage of at least 1:100 is required. The EA works on any MT5 broker with ECN or standard account types. A VPS is strongly recommended to ensure 24-hour uninterrupted operation.

Installation

Download the Queen Gold ex5 file and place it in the MQL5 Experts folder. Download the queen gold logo bmp file and place it in the MQL5 Images folder. Attach the EA to a XAUUSD M30 chart, enable Algo Trading, and the EA begins operating immediately.

Key Settings

AllowedAccount locks the EA to a specific account number. Setting this to zero disables the lock. RiskPercent sets the risk per trade as a percentage of current balance with a default of 1.0. MaxDailyLossPercent sets the maximum daily loss before the EA pauses with a default of 3.0. ATR Period sets the ATR calculation period with a default of 14. SL Multiplier sets the stop loss distance as a multiple of ATR with a default of 1.2. TP Multiplier sets the take profit distance as a multiple of ATR with a default of 3.0. UseTrendFilter enables the EMA(200) trend filter and is enabled by default. UseBreakEven enables the break-even system and is enabled by default. UseTrailingStop enables the trailing stop and is disabled by default for conservative operation. UseAsianSession enables Asian session trading and is enabled by default.

Important

Past performance does not guarantee future results. Always test on a Demo account before live trading. Trading involves substantial risk and may not be suitable for all investors.

Queen Gold — Trade Smart, Trade Gold © Panyanon H. Made In Thailand



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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
Diamond Scalper MT5
Lo Thi Mai Loan
5 (1)
Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal V1.3: https://www.mql5.com/en/signals/2390825 Live Signal Setfile  (Risk 2% per trade) You've watched Gold rip 1500 points in a straight line and felt your stomach drop - not because you were wrong about the direction, but because you were still staring at your phone, half a second too slow to click. You've set a stop-loss with a clear plan, then moved it "just this once" because you were sure it would come back. It didn't. You've
Gold Bomb
Aleksandr Makarov
5 (2)
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
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
De Moore
Benicanoko
5 (3)
Now $399 — Only 10 Copies Available Secure your copy at $399 before the next price increase to $599. DeMoore Expert Advisor is a high-precision scalping Expert Advisor developed exclusively for XAUUSD (Gold) on the M5 timeframe. The De Moore Expert Advisor performs market analysis based on trend-following and price action concepts. The analysis is also based on multi-timeframe analysis. Live Signal        My Setfile on ICM How De Moore EA Works for You Buy the EA on MQL5 Market Install on MetaTr
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