TheRedeemer

What it is. TheRedeemer is a hedged grid Expert Advisor for MetaTrader 5 with drawdown recovery. It opens a buy and a sell together, manages each position with hidden exits that scale with volatility, and can add positions, recover a drawdown and bank profit with the modules below. It trades the symbol of the chart it is attached to; it was developed and used on gold (XAUUSD).

How a cycle starts. With no position on the symbol it opens a hedge pair (HedgeBuy + HedgeSell, equal lots; EntryType, NumberOfPairs, risk). A direction vote from RSI, Stochastic, ZigZag, four moving averages, candle bodies, wicks and a multi-timeframe bias (weights w1..w7) decides which side the market is expected to take; when that is confirmed the opposite leg is closed and the position follows the move.

Exits. Take-profit, stop-loss and the trailing gap are hidden (not sent to the broker) and are fractions of ATR (Inp_TP_Divider, Inp_SL_Divider, ATR_TrailingGapDivider), so they widen and narrow with volatility. Optional: equity break-even (EquityBreakEven), equity trailing (EquityTrailing), close-by-average, daily profit / loss targets in percent or money, and a daily close at the New York end hour (NewYorkEnd, server time).

Adding positions. Up to three top-ups in the direction of the move (Top_Up, Top1..Top3 multipliers), an optional grid against the move with a lot multiplier (Grid_trading, Grid_lot_multiplier, maxlongorders / maxshortorders), hedge scaling (HedgeScale) and optional new-bar and pending-breakout entries.

Drawdown recovery (DDR) and profit protection (PPR). DD_Recovery opens recovery hedges at every DDR_Percent of floating loss (TheRedeemerRatio, MaxRecoveryLot), can trim the biggest loser and the biggest winner, and can wait for trend confirmation before it acts. ProfitProtection (PPR) locks a winning side: when its profit reaches the PPR_Percent level (and again at three and six times it) it opens an opposite position of the same size, freezing the profit in a hedge. Margin protection (Min_Margin_Level_Pct, Min_Free_Margin_Pct) blocks new orders when margin is low.

Account guard (version 6.00). MaxDDPercent (30 by default) is measured from the equity when the EA is attached and is never reset by the daily restart. When equity falls that far, the EA closes every position and pending order it trades on the chart's symbol (a manual trade on that symbol with magic 0 included) and stops trading until it is attached again. A new order is also refused when the margin level after it would fall below Min_Margin_Level_Pct (300 by default), and on gold the lot no longer grows when the broker's spread is very small. The guard limits losses on normal price movement; a price gap (for example over a weekend) can still take the loss past the chosen percentage.

Margin guard on small accounts. Before every order the EA checks the margin level that would remain after it, and does not send the order if it would fall below Min_Margin_Level_Pct (default 300%). On a small account or with low leverage this can block trading completely - on XAUUSD at 1:100 an account below about $250 may open no trades at the default. Lower this input only if you accept the extra risk.

Risk - read this before you buy. This is a high-risk EA. Grids, lot multipliers and recovery hedges add exposure while the market moves against the position; a long one-way move can take a large part of the account or all of it. It is not designed for prop-firm or funded accounts (it prints a warning when it detects one) and the default settings are not a recommendation. There is no guaranteed profit and past results do not predict future results. Test it in the Strategy Tester and on a demo account with your own broker first, and only risk money you can afford to lose.

Order checks. Every order, close and modification is checked before it is sent (volume, margin, stops and freeze level, trade session), so the EA does not flood the server with requests the broker would reject.

Settings in short. Attach to one chart (gold recommended). The main groups: entry (EntryType, NumberOfPairs, risk, Entry_Lots), exits (the ATR dividers, TrailingStop), recovery (DD_Recovery, DDR_Percent, TheRedeemerRatio, MaxRecoveryLot, the Trim inputs), profit protection (ProfitProtection, PPR_Percent), daily limits (PL_Percent, MaxProfitPercent, MaxDDPercent, PL_Amount), top-ups, grid, time filters (NewYorkEnd, Inp_StartTradingHour, FridayFilter) and margin protection. Presets (Standard, Aggressive, Conservative) are available from the author on request.

Protect the whole account. TheRedeemer's own guards watch its own trades only. To protect the whole account - every EA and manual trade, prop-firm style daily and maximum loss limits, state kept across restarts, push alerts - use it together with Account Guardian Equity Protector: https://www.mql5.com/en/market/product/198201

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AI Scalping EA for EURUSD and BTCUSD [Important - 1] Real profit feedback from a customer https://www.mql5.com/en/market/product/185641/comments#comment_60455381 Promo Price The EA is currently available at a discounted price. Only 3 slots are left at this price. After the discount period, the regular price will be $1999 . JOIN GROUP: Click here Input Guide: Open the input guide Setfile: Download the recommended setfile Live signal: [ Click Here ] Other EAs you may like: AI Aurum Pivot | Vega B
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PROP FIRM READY!  --> DOWNLOAD ALL SET FILES WARNING: Only a few copies left at current price! Final price: 990$ NEW (from 399$ only) : Choose 1 EA for Free! (limited to 2 trade accounts numbers, any of my EAs except UBS) Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here Live Signal Live Signal 2 !! THE GOLD PHANTOM IS HERE !! After the massive success of The Gold Reaper, I'm extremely proud to introduce its powerful brother: The Gold Phantom , a pure, no-nonsense breako
Chiroptera
Rob Josephus Maria Janssen
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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
GoldCycle
Gregory Hay
5 (4)
The  GoldCycle  trading system represents a sophisticated approach to automated trading specifically tailored for a daily trade in the  GOLD instrument. Current price $599. Final price $1499. Performance I: https://www.mql5.com/en/signals/2388353 Performance II: ROBOFOREX Performance III:  PROP PASS & Management   (<5% Daily DD, <%10 Max Overall trailing) Performance IV New 10K:   https://www.mql5.com/en/signals/2388331 GOLDCYCLEs ' core strength is its ability to dynamically adapt to market co
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Vortex - your investment in the future The Vortex Gold EA expert Advisor made specifically for trading gold (XAU/USD) on the Metatrader platform. Built using proprietary indicators and secret author's algorithms, this EA employs a comprehensive trading strategy designed to capture profitable movements in the gold market. Key components of its strategy include classic indicators as CCI and Parabolic Indicator, which work together to accurately signal ideal entry and exit points. At the heart of V
GbpUsd Robot Pro MT5
MQL TOOLS SL
5 (3)
The GBPUSD Robot Pro is an advanced automated trading system developed specifically for the unique dynamics of the GBP/USD currency pair. Using advanced technical analysis, the robot continuously analyzes historical and real-time market data to identify trends, key support and resistance levels, price momentum, volatility, and other important market conditions specific to GBP/USD. The Robot opens positions every day, from Monday to Friday, and all positions are secured with Take Profit, Stop Los
Gold House MT5
Chen Jia Qi
4.44 (61)
Gold House — Gold Swing Breakout Trading  One EA. Three Trading Modes. Choose the One That Fits Your Style. No Grid. No Martingale. The price will increase by $50 after every 10 purchases. Final planned price: $1,999. Live Signals:  Profit Priority Mode: https://www.mql5.com/en/signals/2359124 BE priority Mode :  https://www.mql5.com/en/signals/2372604 Important: After purchasing, please remember to send us a private message to receive the recommended parameters, instructions, precautions,
ArtQuant Gold
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ArtQuant Gold — Multi-Module Expert Advisor for XAUUSD ArtQuant Gold is an automated trading system developed exclusively for Gold trading on MetaTrader 5. The EA combines multiple independent trading modules with centralized portfolio management, exposure limits, execution filters, virtual trade management and account-protection tools. It is designed for traders who want a dedicated XAUUSD system without having to configure individual indicators or internal strategy parameters. ArtQuant Gold su
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