Golden E advisor

https://www.mql5.com/en/signals/2383634


Golden E Advisor MT5

Overview

Golden E Advisor MT5 is an advanced automated Expert Advisor (EA) designed for MetaTrader 5 (MT5), implementing a robust Swing Breakout and Retracement Strategy. It scans market structures across multiple timeframes (H1 and H4) to capture high-probability momentum breakouts following significant swing points.

Built with professional-grade risk management and strict execution checks, this EA adapts dynamically to market conditions while ensuring safety features like maximum spread filtering and advanced error handling.

Key Features

  • Multi-Timeframe Capability: Operates independently or simultaneously on H1 and H4 timeframes with customizable individual parameters.

  • Dynamic Swing Detection: Automatically identifies recent Swing Highs and Swing Lows to determine precise entry zones based on market retracements.

  • Risk-Based Lot Sizing: Automatically calculates the optimal position size based on a customizable percentage of your account balance and the Stop Loss distance.

  • Smart Order Management: Instantly cleans up opposite pending orders as soon as an active position is established, preventing conflicting market exposure.

  • Stops Level & Spread Protection: Built-in safeguards to verify broker minimum stop levels and restrict trading during high spread conditions ( MaxSpreadPips ).

  • Robust Anti-Loop & Error Handling: Intelligent response system designed to handle broker requotes, connection drops, busy servers, and market freeze levels smoothly.

Trading Logic

  1. Swing Analysis: The EA constantly monitors historical bar data to pinpoint key Swing Highs and Swing Lows over a defined lookback period.

  2. Retracement & Pending Orders:

    • Buy Setup: When the price retraces sufficiently from a Swing High, a BUY_STOP pending order is placed above the swing level.

    • Sell Setup: When the price retraces from a Swing Low, a SELL_STOP pending order is placed below the swing level.

  3. Risk Control: Every order is paired with predefined Stop Loss ( StopLossPips ) and TakeProfit ( TakeProfitPips ) levels, calculated dynamically with strict risk-per-trade rules.

Input Parameters

Global Settings

  • MaxSpreadPips: Maximum allowable spread filter before executing trades.

Timeframe Switches

  • Use_H1 / Use_H4: Enable or disable trading on H1 and H4 timeframes respectively.

Recommendations & Optimized Settings

  • Optimized Currency Pairs / Instruments: XAUUSD (Gold), GBPJPY, and USDJPY (Extensively tested and proven optimal for these markets).

  • Timeframes: H1

  • Minimum Deposit: Suitable for standard or cent accounts (with proper risk configuration).

📥 Download Optimized Set Files: To achieve the best possible trading results, please download the official pre-configured .set files via our Google Drive link below: 👉 [https://drive.google.com/drive/folders/1MhM_ImCqOqjxjTSKnMxd6UjGZ_XWy-TM?usp=drive_link]

Testing Advice: Always backtest the EA thoroughly in the MT5 Strategy Tester using real tick data and load the provided .set files before deploying on a live account.

Disclaimer: Past performance is not indicative of future results. Forex and Gold trading involves substantial risk of loss.


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MY LAST STRATEGY One engine. Every candle. Every session. Phase 1 – Limited Release Only 10   copies left. Once all copies are sold, this product will be delisted and no longer available for purchase. All Phase 1 buyers are invited to our private Discord server , where they receive continued updates, optimizations, and direct feedback support. Contact us after purchasing the product for comprehensive instructions and guidance on how to use one of our Slap all News products. TEN YEARS, DISTILLED
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