Lizard MT4
- Experts
- Marco Scherer
- Version: 1.50
- Activations: 10
WHAT IS LIZARD?
Lizard is a fully automated Expert Advisor developed exclusively for XAUUSD (Gold) on MetaTrader 4. It uses a multi-strategy swing breakout system that identifies significant structural levels on the chart and places pending stop orders at precisely calculated entry points. No martingale. No grid. No averaging.
Every trade has a defined stop loss and take profit and is actively managed by a multi-layered exit system — automatically, around the clock.
Live Signal — Track real performance before buying:
https://www.mql5.com/en/signals/2372821
HOW DOES IT WORK?
Lizard continuously scans the XAUUSD chart for significant swing highs and swing lows across multiple timeframes. When a valid structure is identified, it places a pending buy stop or sell stop order at a calibrated distance from the level. A real breakout is required to trigger the order — not merely a price touch.
This approach filters out weak moves and only enters on confirmed momentum.
9 independent strategies run simultaneously, each with its own entry timeframe (M1 to D1), stop loss and take profit, trailing system, magic number and risk weighting.
KEY FEATURES
Multi-Strategy Architecture: Nine individually optimized strategies cover different market conditions — from short-term intraday breakouts to multi-day swing setups. Strategies activate automatically based on account balance and risk setting.
Dynamic Price Scaling: All entry offsets, stop losses and take profits scale proportionally with the current gold price. A strategy optimized at $2000 gold adjusts automatically at $3000 gold.
Smart Time Filter: Each strategy has individually calibrated kill-hours based on historical GMT performance analysis. Hours with a profit factor below 1.0 are automatically blocked.
Multi-Layered Exit System: Break even moves the stop loss to entry once a defined profit threshold is reached. Trailing stop loss follows price to protect gains. Trailing take profit adjusts TP dynamically. Magic trail enables step-based SL progression. Virtual stop loss closes positions in software independently of the broker.
NFP Filter: Automatically pauses trading before and after NFP releases.
Market Close Protection: Pending orders are automatically removed before the daily market close window.
Prop Firm Compatible: Maximum daily drawdown input available for prop firm challenge compliance.
Frequency Modes: Auto, Extreme Conservative, Conservative, Moderate, Intense, Extreme, Manual.
TRADE MANAGEMENT
Martingale: NEVER
Grid: NEVER
Stop Loss on every trade: ALWAYS
Trailing Stop: ACTIVE
Break Even: ACTIVE
NFP Protection: ACTIVE
Prop Firm DD Limit: AVAILABLE
REQUIREMENTS
Platform: MetaTrader 4
Symbol: XAUUSD (Gold)
Chart Timeframe: H1
Minimum Balance: $250
Account Type: Hedging (ECN/RAW recommended)
Recommended Leverage: 1:100 or higher
VPS: Strongly recommended
RECOMMENDED SETUP
Run Lizard on a low-spread RAW ECN account with a VPS close to the broker server. Brokers with tight gold spreads below 20 points are ideal. The EA runs on the H1 chart — one instance per account covers all 9 strategies automatically.
RISK DISCLAIMER
Trading gold involves significant risk. Past performance does not guarantee future results. Only trade with capital you can afford to lose.
