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Block GoldenAXE EA

Demo downloaded: 14

Published: 20 April 2026

Current version: 1.0

Block GoldenAXE EA

Experts
Katlego Frans Manyathela
Katlego Frans Manyathela
South Africa

212
Version: 1.0
Activations: 7

Block GoldenAXE EA

Block GoldenAXE EA is a fully automated trading system developed for MetaTrader 5. It utilizes a high-precision trend-following and scalping methodology based on the "Golden Egg" logic. By combining specialized Linear Weighted Moving Average crossovers with a Stochastic Oscillator filter, the EA identifies high-probability entry points while filtering out market noise.

Core Strategy

The EA analyzes the relationship between price action and two distinct trend-tracking layers:

Main Trend Layer: Uses a 300-period Linear Weighted MA and a 100-period Linear Weighted MA to establish the primary trend direction.
Momentum Confirmation: A secondary crossover logic is applied within an indicator window to confirm the strength of the move.
Supply/Demand Filter: To avoid chasing price, Buy orders are only executed when the Stochastic filter is in the oversold zone (below 20), and Sell orders are only executed in the overbought zone (above 80).

Key Features

Fully Automated: Complete hands-free operation from trade entry to final exit.
Scalping Precision: Optimized for rapid execution on lower timeframes.
Conservative Logic: No Martingale, Grid, or Arbitrage strategies are employed. Every trade is dictated by technical indicators.
Universal Compatibility: Designed to handle the unique volatility of both metal markets and synthetic indexes.

Recommendations

Recommended Symbol: XAUUSD (Gold). The EA is also highly effective on Volatility Indexes and Crash/Boom markets.
Timeframe: M1 (1-Minute) for maximum signal frequency or M5 for smoother trend following.
Account Type: Compatible with both Hedging and Netting accounts.
Execution: A low-latency VPS is strongly recommended for 24/7 stability and optimal execution speeds on Gold.
Broker: Use a broker offering low spreads and fast execution for XAUUSD.

Input Parameters

MA_Fast_Period: Period for the primary signal moving average (Default: 100).
MA_Slow_Period: Period for the trend-base moving average (Default: 300).
Stoch_Upper_Level: Overbought threshold for sell confirmation (Default: 80).
Stoch_Lower_Level: Oversold threshold for buy confirmation (Default: 20).
Lot_Size: Fixed volume per trade for consistent risk management.

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Block GoldenAXE EA

Katlego Frans Manyathela

Block GoldenAXE EA

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