Golden Guillotine MT5
- Experts
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Brijesh Jaiswal
With over 15+ years of active experience in the financial markets, I am a seasoned Forex Market Analyst, Portfolio Manager, and MQL Developer specializing in high-precision Technical Analysis and automated trading systems. My career is built on a deep understanding of market mechanics, price action - Version: 1.1
- Activations: 10
Golden Guillotine MT5
Filtered entries. Controlled recovery. Clear trade management.
Golden Guillotine MT5 is designed for traders who want more than a basic signal-and-entry robot. It combines price action, trend confirmation and momentum analysis to identify stronger trading opportunities while filtering weak or conflicting conditions.
Instead of opening random recovery orders or aggressively multiplying lots, the EA uses a capped and progressively spaced recovery structure. Every additional entry must pass distance, trend, spread, exposure and margin checks.
Entry Logic
The EA combines:
- Open-High and Open-Low candle formations
- Williams Alligator trend alignment
- EMA trend direction and slope
- ADX and directional momentum
- Higher-timeframe confirmation
- Breakout and candle-quality filters
- Spread and trading-session protection
A position is opened only when the selected conditions agree.
Controlled Recovery
If the initial trade moves into drawdown, the EA can build a structured recovery basket using:
- ATR-based recovery distance
- Wider spacing for each additional entry
- Equal or decreasing lot sizes
- A fixed maximum number of recovery trades
- Total basket exposure limits
- Margin-level and free-margin checks
- Trend confirmation before every recovery
- One average profit target for the complete basket
This is not an unlimited grid and does not use increasing-lot martingale behaviour by default.
Profit Management
The initial trade and recovery basket are managed through configurable account-currency profit targets.
The EA also includes virtual profit trailing, allowing it to protect part of an open profit when price approaches the target and then reverses.
Virtual target management avoids broker freeze-level conflicts and keeps the complete basket under one coordinated exit model.
Visual Dashboard
The responsive dashboard keeps trading information clear and easy to understand:
- Current EA status
- Trade direction
- Average entry
- Profit target
- Open profit
- Recovery progress
- Today’s performance
- Yesterday’s performance
- Weekly and monthly performance
- Trading hours and spread condition
The panel automatically adjusts to different chart and monitor sizes.
Main Features
- Multi-filter trend entries
- Closed-candle signal confirmation
- Capped recovery sequence
- No lot multiplication by default
- Average basket profit target
- Virtual profit trailing
- Daily trade limit
- Daily entry guard
- Spread and session filters
- Exposure and margin protection
- Netting and hedging account support
- Automatic broker-volume normalization
- Responsive non-technical dashboard
Important Information
Golden Guillotine MT5 does not use a fixed Stop Loss by default. Recovery trading can experience extended drawdown during prolonged directional markets and cannot guarantee that every basket will recover. Historical performance does not guarantee future results.
