Magic Gold Xau

Magic GOLD XAU v1.0 is a professional Expert Advisor (EA) developed specifically for the XAUUSD (Gold) pair, optimized for trading on the M5 timeframe. It combines automatic detection of highly relevant support/resistance zones with MACD divergences, offering a structured, visually clear trading system with robust risk management, ideal for both personal accounts and funded prop-firm challenges and accounts.

Main Strategy
The EA focuses on two complementary signal engines (legacy price action patterns—engulfing, pin bar, and inside break—are disabled by default):

Gold Zones (Dynamic Support and Resistance) Identifies price levels with multiple touches on a configurable lookback. Generates entries for:
Bounces off support (buy) or resistance (sell).
Confirmed bullish/bearish breakouts. The zones are automatically drawn on the chart with rectangles, horizontal lines, and strength labels (number of touches).

MACD Divergences (Momentum Gold) Detects bullish and bearish divergences between price and the MACD (classic 12/26/9 configuration). Uses swing pivots and a wide lookback. Divergences are visually highlighted on the main chart and in the MACD indicator window.
Optional Turbo Aggressive Mode: Extends signal search to the last N candles and multiplies the lot size by a configurable factor for greater aggressiveness.

Risk and Money Management
Designed to protect capital, especially in prop firm environments:

Lot sizing modes: fixed, percentage of risk per trade, or dynamic based on equity.
Daily Loss Cap.
Maximum number of concurrent trades and total volume.
Margin used and minimum free margin control.
Stop Loss and Take Profit in pips with a configurable minimum risk/reward ratio.
Automatic Trailing Stop and Break-Even. Maximum spread filter and optional session window.
Visual and operational features: Transparent one-column panel displaying system status (LIVE/HALT), active zones, last divergence, signal, confidence, open and daily P/L, win rate, daily drawdown, positions, volume, equity, balance, and spread.
Custom candlestick and chart background colors (dark gold style). Automatic drawing of zones, divergence lines, and signal markers.
Optimized to avoid overloading the Strategy Tester (disables graphical objects in non-visual mode).
Recommended configuration for your needs: Pair: XAUUSD
Timeframe: M5
Initial test/demo capital: $300 (useful for validating parameters and behavior).
Funding accounts/prop firms: $5,000 or more (the percentage risk + daily stop-loss system adapts well to the typical daily and total drawdown rules of most prop firms). Recommended broker: IC Markets (competitive spreads on XAUUSD, fast execution, high liquidity, and favorable conditions for scalping/intraday trading on the M5 timeframe).
Professional Summary: Magic GOLD XAU v1.0 is a gold-focused Expert Advisor (EA) designed to capture high-probability moves in key areas and momentum divergences, with a strong emphasis on risk management and visual clarity. It is particularly well-suited for traders who trade XAUUSD on the M5 timeframe and are looking for a prop firm-ready system with flexible parameters that allow them to adjust aggressiveness and capital protection according to account size and funding rules.
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Gold House — Gold Swing Breakout Trading  One EA. Three Trading Modes. Choose the One That Fits Your Style. No Grid. No Martingale. The price will increase by $50 after every 10 purchases. Final planned price: $1,999. Live Signals:  Profit Priority Mode: https://www.mql5.com/en/signals/2359124 BE priority Mode :  https://www.mql5.com/en/signals/2372604 Adaptive Mode:   https://www.mql5.com/en/signals/2379287  (High-Risk Configuration Reference – Potential profits and losses are amplified. N
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Profalgo Limited
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OMG FZE LLC
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