Aurum Overlord
- Experts
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Yacine Bouziane
Yacine B. | Trader & Systematic Trader
"A Trader’s Logic, Powered by Code." - Version: 1.16
- Activations: 5
Aurum Overlord Version 1.17
Aurum Overlord is an automated trading system designed for Gold (XAUUSD) and Forex instruments. The Expert Advisor utilizes a Straddle Scalping strategy, capitalizing on market momentum and liquidity breakouts through pending order execution.
Core Strategy and Features
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Straddle Scalping Architecture: Places precision pending buy and sell orders around the current price to capture sudden market movements.
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Risk Management Control: Every trade executed includes a mandatory Stop Loss to limit downside risk.
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Dynamic Trailing Stop: Automatically adjusts to secure profits as the market moves in the trade direction.
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Daily Equity Target: Built-in daily profit target in account currency. Upon reaching the threshold, active trades are closed and remaining pending orders are canceled.
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Time Filters: Integrated execution windows to restrict trading during high-spread periods, including weekend openings and market closes.
Configurable Parameters
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InpGapPips: Set the exact distance in points from the current price for pending order placement.
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InpStopLossPips: Define the hard Stop Loss distance per trade.
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InpTrailingPips: Configure the trailing stop distance for profit protection.
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InpDailyTarget: Specify the daily dollar target for total strategy exit.
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Money Management: Select between fixed lot sizing or dynamic percentage-based risk calculation.
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Session Controls: Custom input parameters for daily start, end, and pre-close order cancellation times.
Operation Guidelines
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Install the EA on the recommended chart timeframe.
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Calibrate input settings according to your account balance and personal risk tolerance.
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Test the settings on a Demo account or within the MQL5 Strategy Tester prior to live execution.
Support and Inquiries
For technical questions or support regarding setup and parameter configuration, please send a message directly via the built-in MQL5.com chat system.
Risk Warning: Financial market trading carries inherent risk. Past performance in backtesting or forward testing does not guarantee future results.
