LR Titan Gold Trader
- Experts
- Version: 3.17
- Activations: 5
LR Titan Gold Trader
LR Titan Gold Trader is an automated Expert Advisor for MetaTrader 5 developed primarily for XAUUSD (Gold) trading.
The EA uses a structured session-based breakout approach combined with closed-candle confirmation, automated position management, virtual risk controls, break-even protection, trailing-stop management and controlled hedge management.
The system is designed for traders who prefer rule-based automated execution without continuously monitoring the chart.
Main Features
- Developed primarily for XAUUSD (Gold)
- Automated session-based breakout trading
- Entry confirmation using completed candles
- One-entry-per-candle protection
- Original and pyramid position management
- Configurable trading volume
- Virtual Stop Loss management
- Automatic Break-Even management
- Automatic Trailing Stop management
- Controlled hedge management for eligible positions
- Maximum hedge exposure control
- Maximum normal-position control
- Duplicate-entry and duplicate-hedge protection
- Spread-condition checks
- Basket recovery management
- Time-based hedge management
- Session and weekend management
- Automated trade execution and position monitoring
- On-chart control and information panel
Trading Logic Overview
The EA establishes trading reference levels using a predefined session candle.
A BUY opportunity is evaluated when price trades above the session high and the required bullish closed-candle confirmation is present.
A SELL opportunity is evaluated when price trades below the session low and the required bearish closed-candle confirmation is present.
Only completed candles are used for entry confirmation. The EA also includes one-entry-per-candle protection to reduce duplicate entries.
When additional valid entries occur while normal positions are already active, they are managed as pyramid positions within the strategy's configured exposure limits.
Risk and Position Management
Normal positions are monitored and managed automatically according to the strategy rules.
Configurable parameters include:
- Trading Lot
- Base Lot
- Virtual Stop Loss
- Break-Even Trigger
- Trailing Stop Trigger
- Trailing Stop Distance
- Maximum Hedges
- Maximum Normal Positions
When an eligible position reaches the applicable adverse condition before being protected by the strategy's Break-Even or Trailing Stop management, the EA can open an opposite hedge position according to its hedge-management rules.
Safeguards are included to help prevent duplicate hedge creation for the same managed position.
Break-Even and Trailing Stop
When the configured Break-Even threshold is reached, the EA manages the corresponding position according to its Break-Even rules.
After the configured Trailing Stop trigger is reached, the EA dynamically manages the protective stop according to the selected trailing distance.
These functions operate automatically while the Expert Advisor is active.
Hedge and Recovery Management
LR Titan Gold Trader includes structured hedge management for adverse market movement.
Hedge positions are associated with their corresponding managed positions and monitored according to the strategy rules.
The system also contains basket-recovery and time-based hedge-management logic for managing prolonged hedge situations.
Hedging, recovery techniques and multiple simultaneous positions can increase trading exposure and drawdown. Users should understand these risks before using the EA on a live account.
Recommended Instrument
XAUUSD (Gold)
The strategy was developed primarily around Gold trading. Broker specifications, spreads, execution conditions, symbol naming, leverage and contract specifications can differ between brokers.
Account Requirement
A MetaTrader 5 hedging account is recommended because the strategy may maintain opposite positions simultaneously as part of its hedge-management system.
Important Usage Information
Before live trading:
- Test the EA in the MetaTrader 5 Strategy Tester.
- Test the EA on a demo account under your broker's trading conditions.
- Select a trading lot appropriate for your account size and risk tolerance.
- Verify XAUUSD contract specifications, spread, leverage and execution conditions with your broker.
- Keep MetaTrader 5 and algorithmic trading active while the EA is operating.
Do not use a trading volume that exceeds the level of risk you are prepared to accept.
Risk Warning
Trading leveraged financial instruments involves significant risk and may result in partial or complete loss of trading capital.
The use of hedging, multiple positions and recovery techniques can increase market exposure and drawdown.
Historical results, Strategy Tester results and previous trading performance do not guarantee future results.
Users are responsible for selecting suitable settings, account size, broker conditions and risk levels before using the Expert Advisor on a live trading account.
