Sigma Gold Expert
- Experts
- Version: 4.0
- Activations: 20
The Sigma Gold EA is an automated system developed specifically for MetaTrader 5, optimized to trade the XAUUSD (Gold) asset. Our development focus was to create a strategy based on technical entries, prioritizing rigorous risk management and capital protection.
Live Signal: https://www.mql5.com/en/signals/2381638?source=Site+Signals+My
IMPORTANT: After your purchase, please contact us via private message to receive the user guide, recommended settings, usage notes, and support for updates.
Optionally, the system can also be configured for the BTCUSD asset, provided the recommended settings for the crypto asset's volatility profile are applied.
🛡️ Risk Management Philosophy
The Sigma Gold EA is designed for traders seeking a mathematical and technical approach, distancing itself from high-exposure methods.
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No Martingale: The robot does not increase lot size after negative trades.
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No Grid Strategy: Each order has its own exit parameters.
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No Averaging: There is no accumulation of positions against the trend.
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Protected Orders: Use of Stop Loss (SL) and Take Profit (TP) defined in all operations.
⚙️ Main Features
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Minimum Trade Time Filter (MQL5 Input): The EA has a configurable parameter to manage the minimum time a trade stays open. This lock prevents early closing before the stipulated time, adapting the algorithm to specific institutional rules.
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Daily Loss Protection: Configurable daily maximum loss protection filter. Upon reaching the user-defined limit, the EA stops trading for the day.
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Integrated News Filter: Prevents opening new positions during high-impact macroeconomic events, reducing exposure to high spreads and slippage.
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Prop Firm Compatibility: Due to the absence of aggressive recovery algorithms and strict loss control, the EA meets the common risk management requirements of proprietary trading firms.
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100% Automated Operation: Direct execution on the chart after parameter configuration.
📊 Technical Recommendations
For the correct operation and optimal performance of the algorithm, we recommend following the parameters below:
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Suggested Minimum Deposit: 200 USD (or equivalent) for conservative lot management.
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Main Asset: XAUUSD (Gold)
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Optional Asset: BTCUSD
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Timeframes: H1 or H2
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Account Type: Raw Spread, ECN, or accounts with minimal spreads and low commission.
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Execution: It is highly recommended to use a 24/7 VPS to ensure minimal latency and avoid connection interruptions.
📌 Important Information regarding Prop Firms
The EA has customizable internal locks — including the minimum trade duration and daily loss limit — to assist in complying with prop firm operational guidelines. However, each company has specific rules regarding Copy Trading, news restrictions, drawdown limits, and holding time. It is the user's sole responsibility to adjust the EA parameters according to the firm's terms before starting the robot on an evaluation account.
⚠️ Risk Disclaimer
Trading financial assets, Forex, Gold, and Cryptocurrencies involves a high level of risk. Past performance is not a guarantee of future results. Backtests are simulations based on historical data and do not represent a promise of profitability. Always test the Expert Advisor in a demo environment (Demo Account) before using it on real accounts.

