Ace Gold

Ace Gold is a trend-following Expert Advisor for GOLD (XAUUSD) that operates on the M5 timeframe. It combines parallel channel analysis with statistics of similar historical situations to judge the market direction before every entry.

How it works:

• Parallel channels are calculated from recent price movement to identify the current directional structure.
• Each candidate setup is compared with similar situations from the past; setups with favorable statistics are prioritized.
• Entries are made only in the dominant direction (trend-following), with a fixed lot size and up to 15 concurrent positions.

Risk management:

• Stop Loss and Take Profit are applied to every trade.
• The maximum number of open positions is limited by the default settings.
• No martingale, averaging or grid techniques are used.

Published backtest (MetaTrader Strategy Tester report):

• Period: January 2018 - August 2026
• Symbol / Timeframe: GOLD (XAUUSD), M5
• Initial deposit: 1,000,000 JPY, fixed 0.01 lots
• Total profit: +2,621,844 JPY
• Profit Factor: 1.49
• Trades: 2,222
• Max. balance drawdown: 17%

Notes:

• The figures above are the results of a backtest in the MetaTrader Strategy Tester. Backtest results do not guarantee future performance.
• The EA uses its internal channel logic only; the channels are not drawn on the chart. A separate paid indicator is available for visualization.
• Adjustable inputs: lot size, maximum number of positions, and other risk settings.

Support is provided via the Market chat.