Gold Sniping
- Experts
-
Nguyen Chung
Algorithmic Trader | EA Developer | Risk Management Specialist
I design and develop automated trading systems (EAs) for MetaTrader with a strong focus on risk control, stability, and real-market performance. - Version: 1.0
GOLD SNIPING FREE – Precision Gold Trading EA
Gold Sniping FREE is a completely free Expert Advisor designed specifically for XAUUSD (Gold) traders who prefer precise trend-following entries and automated trade management. The EA combines fast EMA crossover signals with higher-timeframe trend confirmation to capture high-probability market movements while maintaining simple and efficient risk control.
Key Features
- Completely FREE to use
- Optimized for Gold (XAUUSD)
- EMA crossover entry system
- Daily trend confirmation filter
- Automatic trade execution
- Intelligent lot scaling system
- Basket profit management
- Built-in risk management controls
- Interactive dashboard with real-time statistics
- Supports BUY only, SELL only, or BOTH directions
Trading Strategy
Gold Sniping FREE uses a proven trend-following approach:
- Signal Timeframe: M1
- Fast EMA: 21
- Slow EMA: 50
- Trend Filter: EMA 200 on Daily timeframe
BUY trades are opened when EMA 21 crosses above EMA 50 while price remains above the higher-timeframe trend EMA. SELL trades are opened when EMA 21 crosses below EMA 50 while price remains below the higher-timeframe trend EMA.
Risk Management
- Automatic margin checking before opening trades
- Optional stop-loss configuration
- Basket take-profit closure for all positions
Smart Position Management
The EA automatically monitors all active positions and can:
- Close all positions when the basket profit target is reached
- Avoid duplicate entries in the same price zone
- Scale lot sizes according to position count
- Provide instant dashboard statistics directly on the chart
Dashboard Information
- Account Balance
- Current Lot Size
- Basket Take Profit Target
- Open Positions Counter
- Current Floating Profit/Loss
Important Notice
This EA is provided completely free of charge for educational and trading purposes. Always test the EA on a demo account before using it on a live account and ensure that the settings match your broker specifications and risk tolerance.
Please contact the developer before using this EA.
Enjoy trading with GOLD SNIPING FREE and trade responsibly!

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