Gold Smasher
- Experts
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Antoine Melhem
Dr. Antoine Melhem
PhD in Business Administration | MSc in Computer Science
Senior Network Engineer and Algorithmic Trader - Version: 1.5
- Activations: 10
Gold Smasher is an Expert Advisor developed for automated trading on Gold (XAUUSD) using predefined entry, exit, and trade-management rules.
The Expert Advisor continuously evaluates market conditions and searches for trading opportunities according to its programmed strategy. When the required conditions are confirmed, Gold Smasher can open and manage positions automatically without requiring manual entry decisions.
The system uses a predefined Stop Loss together with a Dynamic Take Profit model. The Take Profit is not based on a single fixed distance and is managed according to the programmed trading logic and current market conditions.
Gold Smasher is intended for traders who prefer structured automated execution, predefined risk parameters, and systematic trade management.
Broker conditions can affect trading results. Spread, commission, slippage, execution speed, server time, symbol specifications, and price-feed quality may produce differences between brokers.
An ECN or low-spread trading account with reliable execution is recommended.
Main Information
Symbol: XAUUSD (Gold)
Timeframe: Any timeframe
Stop Loss: 2000 pips
Take Profit: Dynamic
Minimum Recommended Deposit: $500
Recommended Account Type: ECN or low-spread account
Recommended Broker Conditions: Low spread and reliable execution
Trading Logic
Gold Smasher uses an automated trading model based on predefined market conditions.
The Expert Advisor:
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Evaluates market conditions automatically
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Searches for valid trading opportunities
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Uses programmed entry and exit rules
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Applies a predefined 2000-pip Stop Loss
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Uses Dynamic Take Profit management
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Manages open positions automatically
The internal trading rules are executed automatically once the required market conditions are detected.
The Dynamic Take Profit mechanism allows the exit target to adapt according to the programmed strategy instead of relying on one fixed Take Profit distance.
Trading behavior can vary depending on market volatility, broker execution, symbol specifications, spread, and price-feed conditions.
Stop Loss and Take Profit
Gold Smasher uses a predefined Stop Loss of 2000 pips for its trading model.
Take Profit is dynamic and is calculated and managed according to the Expert Advisor's programmed logic.
Because the Take Profit is dynamic, trade duration and final exit distance may vary between individual trades.
Differences in broker pricing and execution may also result in slightly different entry and exit levels.
Broker Conditions
For normal operation, an ECN or low-spread account is recommended.
The following broker conditions can influence trading behavior:
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Spread
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Commission
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Slippage
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Execution speed
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Server time
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Gold contract specifications
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Minimum Stop Level
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Price-feed differences
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Server stability
The same Expert Advisor may therefore produce differences in entry price, exit price, trade duration, and overall results when used with different brokers.
Users should test the EA using their own broker's historical data before live operation.
Minimum Deposit
The recommended minimum deposit is $500.
This value is a general recommendation and does not guarantee that a particular lot size or risk configuration will be appropriate for every account.
Required capital depends on:
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Selected lot size
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Account leverage
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XAUUSD contract specifications
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Margin requirements
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Broker conditions
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Selected Expert Advisor inputs
Users should review the selected settings and available margin before enabling automated trading.
Timeframe Support
Gold Smasher can operate on different chart timeframes.
Before using the Expert Advisor on a demo or live account, it is recommended to test the intended combination of symbol, timeframe, and broker data using the MetaTrader 5 Strategy Tester.
Different timeframe and broker combinations may produce different trading behavior.
Recommended Preparation
Before live use:
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Run a Strategy Tester backtest
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Test using data from the intended broker
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Check XAUUSD symbol specifications
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Check spread and commission
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Confirm broker server time
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Select an appropriate lot size
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Review margin requirements
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Review the configured Stop Loss
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Monitor execution conditions and account drawdown
