Gold Obsidian Crown
- Experts
-
Shakir Mehmed
I have built and tested trading software for more than eight years. I build and test gold (XAUUSD) Expert Advisors, which are trading robots, for MetaTrader 5 and 4. Ideas start in a Python engine, then go through the MT5 Strategy Tester (MetaTrader's backtesting tool) on 1-minute OHLC, which builds - Version: 1.2
- Updated: 15 September 2026
- Activations: 10
Gold Obsidian Crown is an Expert Advisor for MetaTrader 5 that monitors several higher-timeframe XAUUSD structures. It places pending stop orders with predefined exits and allocates risk across the active structures.
Logic
- Reads structure on the higher timeframes and places pending stop orders around confirmed levels. Unfilled orders expire.
- Several independent structures run in parallel, each with its own geometry and its own share of the risk budget.
- Exits are predefined.
- The RiskBudgetPercent input sets the total risk budget.
There is no martingale, grid or averaging down, and size is not increased to recover a loss. Every filled position has a broker-side stop loss.
Inputs
- Risk budget (RiskBudgetPercent)
- Fixed lot
- Maximum lot
- Magic number
- Order comment
- Maximum spread
Each table row has a matching preset file.
Historical simulation
MetaTrader 5 Strategy Tester simulation on XAUUSD, real tick data, 2019 to 1 May 2026, leverage 1:500, initial deposit USD 5,000. At the Standard setting the annualized return was 137%, and the maximum equity drawdown was 49.89%. In the 2010 to 1 May 2026 window the Standard setting had a maximum equity drawdown of 49.92% and 0 losing years out of 17. This is a simulation on one broker's price history. It is not live trading and does not predict future results.
Maximum equity drawdown by risk setting, with the estimated 95th percentile drawdown from 10,000 block-based resamples of the closed trades.
| Setting | Maximum equity drawdown | Estimated 95th percentile drawdown |
|---|---|---|
| Fixed 0.10 lot (USD 10,000 deposit) | 10.97% | about 14% |
| RiskBudgetPercent 12 | 21.46% | about 34% |
| RiskBudgetPercent 21 | 35.83% | about 57% |
| Standard (RiskBudgetPercent 30) | 49.89% | about 75% |
| Extreme (RiskBudgetPercent 45) | 72.96% | about 97% |
At the Standard setting the longest simulated period below a previous equity high was 194 days. Across the resampled paths the median was 252 days, and 21% of paths stayed below a previous high for more than one year.
Requirements
XAUUSD, any chart timeframe, hedging account, raw spread preferred. The tests used leverage 1:500; lower leverage may restrict position sizes. A virtual private server is recommended because pending orders need the terminal online. Rental options from one month to one year are available.
Important limits
Live results differ from the simulation because of spread, slippage on stop orders, commission and time the terminal is offline. Test the program in your own Strategy Tester and on a demo account, and use risk you can afford to lose.
