Aurum Saucer
- Experts
-
Michael Prescott Burney
I am a professional trader and Expert Advisor developer focused on building high-performance, risk-driven systems for MetaTrader 5. - Version: 5.0
- Activations: 20
Aurum Saucer Portfolio is a MetaTrader 5 Expert Advisor designed for automated analysis and trade execution on XAUUSD using the H1 / 60-minute timeframe. The EA is built on the Expert Advisor HQ universal portfolio framework and uses an internal architecture containing more than 280 strategy components.
The system is designed to evaluate XAUUSD H1 market conditions through a rules-based portfolio process. It includes configurable trade-execution, protection, monitoring, chart-display, and news-filtering functions. Aurum Saucer Portfolio is intended for use by traders who understand the risks of automated and leveraged trading and who can configure the EA appropriately for their account.
Main Features
- Internal portfolio architecture with more than 280 XAUUSD H1 strategy components
- Designed specifically for XAUUSD on the H1 / 60-minute chart
- Automated MetaTrader 5 Expert Advisor
- Rules-based signal aggregation and trade-execution process
- Configurable spread, position-count, and lot-exposure protections
- Configurable daily and account-level protection settings
- MetaTrader 5 economic-calendar news filter, subject to data availability
- Broker-aware order execution and fill-policy handling
- Stop-loss, take-profit, trailing, and reversal handling according to active strategy and EA settings
- On-chart dashboard, trade markers, and optional trade-level visual tools
- Input groups for lots, magic number, protections, news filtering, statistics, and visuals
Recommended Setup
| Setting | Recommended Configuration |
|---|---|
| Symbol | XAUUSD, using the exact symbol name supplied by your broker |
| Timeframe | H1 / 60 Minutes |
| Platform | MetaTrader 5 |
| Installation | Attach Aurum Saucer Portfolio to one XAUUSD H1 chart, review all inputs, select settings appropriate for your account, and enable Algo Trading. |
| Magic number | Use a unique magic number when operating more than one Expert Advisor or XAUUSD strategy on the same trading account. |
Designed for XAUUSD H1
Aurum Saucer Portfolio is designed for XAUUSD on the H1 timeframe. Its intended configuration is not a universal setting for other symbols or timeframes. Applying the EA to another instrument or chart period may change its behavior because spreads, contract specifications, volatility, trading sessions, liquidity, price history, and broker execution conditions differ.
Gold can experience rapid directional movement, ranging behavior, sharp volatility expansion, changing liquidity, and significant reactions to macroeconomic data. U.S. economic releases, interest-rate expectations, central-bank decisions, geopolitical events, risk sentiment, and market-opening conditions can all affect XAUUSD pricing and execution.
Portfolio and Execution Framework
Aurum Saucer Portfolio uses more than 280 internal strategy components to evaluate available XAUUSD H1 market data. The strategy count represents internal analytical and trade-management components; it does not mean that the EA will open a corresponding number of trades, trade on every price movement, or generate a specified level of activity.
On incoming market data, the EA can update configured protection states, monitor available metrics, and maintain dashboard information. When a new bar is formed, it can evaluate active trading-session settings, aggregate internal strategy conditions, apply configured filters, and submit qualifying orders through the execution process.
A potential order may be blocked when it does not meet the active requirements. Depending on the configuration, possible controls can include spread limits, position-count limits, lot-exposure limits, daily protection states, account protection states, and news-filter conditions. Logged or visual status information can help the user monitor the EA's operation, but it does not guarantee trade execution, an available quote, or successful order filling.
Protection and Risk Controls
The EA includes configurable protection groups intended to help the user manage automated-trading exposure. Protection settings are account- and broker-dependent and must be reviewed by the user before operation.
| Protection Group | Purpose |
|---|---|
| Entry protections | Can control conditions such as permitted spread, position count, and lot exposure before a new order is submitted. |
| Daily protections | Can apply configured daily loss, drawdown, or trading-suspension limits when the relevant threshold is reached. |
| Account protections | Can apply configured account-level actions after defined equity or loss events, subject to terminal operation, broker execution, and market conditions. |
| News filter | Can use available MetaTrader 5 economic-calendar information to limit new entries around selected events, depending on the configuration and calendar-data availability. |
Protection settings cannot eliminate risk. During fast markets, outages, gaps, reduced liquidity, or execution delays, actual results may differ from configured limits or expected order prices.
Order Execution and Trade Management
The execution engine is designed to submit and manage orders according to the broker's supported trading conditions. It can use supported filling policies, such as IOC, FOK, RETURN, or BOC where available, and may use configured retry handling for temporary trade-operation errors. Broker availability, trading permissions, liquidity, price changes, and terminal connectivity can still prevent or alter execution.
Individual internal strategy components can use their own predefined entry, exit, stop-loss, take-profit, trailing, or reversal conditions within the EA's architecture. Stop-loss and take-profit levels are calculated according to the active logic and may be adjusted to conform to broker stop levels, tick size, digits, or other symbol requirements.
When enabled, trailing logic may use bar-based price references, such as prior candle highs or lows, according to the configured rules. A trailing stop, stop loss, or take profit does not guarantee an exact execution price. Slippage and gaps can occur, especially during volatile gold-market conditions.
Dashboard and Chart Tools
Aurum Saucer Portfolio includes on-chart monitoring tools intended to make EA activity easier to review. Depending on the active settings, the dashboard can display account or EA-related information such as balance, equity, floating result, open positions, lot exposure, drawdown metrics, recent performance windows, and a rolling equity display.
Optional chart tools can include trade-entry markers and visual projections for entry, stop-loss, and take-profit levels. These displays are informational and do not guarantee that an order was filled at the displayed level or that a protective or target order will execute at a specified price.
How to Install
- Open MetaTrader 5.
- Open the XAUUSD chart supplied by your broker.
- Set the chart timeframe to H1.
- Attach Aurum Saucer Portfolio to the XAUUSD H1 chart.
- Review all inputs, including lot size, magic number, protections, news filtering, and visual settings.
- Use a unique magic number if other Expert Advisors or strategies are running on the account.
- Enable Algo Trading and confirm that automated trading is permitted in the EA settings.
- Keep MetaTrader 5 running, or use a suitable VPS if uninterrupted operation is required.
Important Operating Notes
- Use Aurum Saucer Portfolio on XAUUSD H1 for its intended configuration.
- Test the EA on a demo account with your broker's data before considering live use.
- Review protection limits carefully, particularly when using a higher-density portfolio framework or any configuration capable of opening multiple positions.
- XAUUSD symbol names, suffixes, contract sizes, tick values, minimum volumes, stop levels, leverage, margin requirements, swaps, and trading sessions vary by broker.
- High-impact economic events, geopolitical developments, market openings, rollovers, reduced liquidity, and unexpected news can create large price movements, wider spreads, requotes, slippage, gaps, and delayed execution.
- The economic-calendar filter depends on MetaTrader 5 calendar information, terminal connectivity, and the selected filter settings; it cannot ensure that all market-moving events are avoided.
- A VPS may help maintain terminal availability but cannot guarantee uninterrupted connectivity, broker service, order execution, or protection during fast markets.
- Past performance, backtests, optimization reports, and demo results are not reliable indicators of future live performance.
Support and Updates
Product support is available through the MQL5 product page. Product updates, when released by the developer, are delivered through the standard MQL5 Market update process. Updates may include compatibility maintenance, corrections, refinements, or feature changes; future updates are not guaranteed.
Important Risk Disclosure
Trading gold, foreign exchange, CFDs, and other leveraged products involves substantial risk and may result in the loss of some or all invested capital. Aurum Saucer Portfolio is an automated trading tool and does not guarantee profits, a particular trade frequency, a specific win rate, protection from drawdown, funded-account qualification, or future performance. A portfolio with multiple strategy components and the capacity for multiple positions can increase market exposure, transaction costs, and the impact of adverse market movement. Historical testing, optimization results, demo results, and any past performance information are not reliable indicators of future live results. Spreads, commissions, swaps, slippage, liquidity, price gaps, execution delay, broker specifications, leverage, margin requirements, account settings, and market conditions can materially affect results. Protection settings, stop losses, trailing stops, and news filters cannot eliminate risk or guarantee execution at requested prices. Test carefully, use conservative and appropriate risk settings, and trade only with funds you can afford to lose.
