SuperTrend Wolf
- Experts
-
Chetan H Jariwala
Trading Strategy Developer | XAUUSD Specialist
I am a systematic trader and MQL5 developer focused on high-precision tools for Gold (XAUUSD) and major currency pairs. - Version: 1.14
- Activations: 5
SuperTrend Wolf
SuperTrend Wolf - XAUUSD SuperTrend-based trend EA for MT5. One trade at a time, daily loss stop, spread and spike filters. No grid, no martingale.SuperTrend Wolf is a SuperTrend-based trend-following gold expert advisor for MetaTrader 5, built for XAUUSD. It waits for a directional move in gold, opens a single position with a fixed stop loss and take profit, and then leaves the trade alone. Built-in loss controls, a spread filter and a spike filter are there so that unusual market conditions do not turn into unmanaged risk. The goal is a simple, transparent gold trading robot that you can watch on a live chart and understand at a glance.
HOW IT WORKS
- A SuperTrend-based trend filter decides the market direction. It runs on its own internal timeframe, so it behaves the same whichever chart you attach it to.
- A trade is considered only when the trend filter and every safety check agree.
- Every trade is opened with a fixed stop loss and a fixed take profit. There is no widening of stops and no averaging down.
- Only one position is open at a time. The EA does not use grid, martingale, averaging or hedging.
- By default the EA opens buy positions only. Sell entries exist as an option but are switched off, and the published test results are for the default setting.
- Optional extras, such as partial closing, are available but switched off by default.
BUILT-IN RISK MANAGEMENT
- Fixed stop loss and take profit on every order.
- Daily loss stop: when the day's combined open and closed result reaches your limit, the EA closes its own positions and stops trading until the next day.
- Free-margin check before every entry.
- Maximum lot cap, regardless of lot mode.
- One open position at a time.
PROTECTION AND SESSION SETTINGS
- Spread filter: new entries are skipped when the spread is above your limit.
- Spike protection: entries are skipped after an abnormally large candle. If the required data is missing, the EA stays out rather than guessing.
- Session filter: trade only inside a window you choose, set in GMT. The EA converts from your broker's server time automatically. It can be switched off.
- Note for testing: the MT5 Strategy Tester does not provide real GMT, so inside the tester the session window follows server time. Always confirm the window on a demo account.
DASHBOARD AND MONITORING
An on-chart panel shows: symbol and timeframe, magic number, lot size, current trend direction, session status, spread status, spike status, open positions, daily drawdown against your limit, trading enabled or disabled, balance and equity, and the current time. The panel can be hidden and moved.
TECHNICAL SPECIFICATIONS
- Symbol: XAUUSD (gold). Other symbols have not been tested and are not recommended.
- Chart timeframe: any. The internal calculation timeframe is set in the inputs; M15 is the tested setting.
- Account type: works on both hedging and netting accounts.
- VPS: recommended for continuous operation.
- Standalone: no DLL, no external files, no web requests.
CONFIGURATION
- Lot modes: fixed lot, percent-of-balance risk, and a profit-percent based mode, plus a maximum lot cap.
- Adjustable: stop loss and take profit, internal timeframe, spread limit, spike filter on or off, session window on or off, daily loss limit, magic number, dashboard visibility and position.
- Trade comments and the magic number let you run the EA next to other systems without conflicts.
BACKTEST AND TESTING METHODOLOGY
- Symbol and timeframe: XAUUSD M15, January 2025 to August 2026.
- Modeling: Every tick based on real ticks, history quality 99 percent.
- Initial deposit 10,000 USD, fixed 0.01 lot.
- Full period result: net profit 2,150.73 USD, profit factor 2.49, maximum equity drawdown 1.78 percent, 91 trades, win rate 50.55 percent.
- The EA was also checked on a split of the data. The most recent segment (March to August 2026), which included a sharp correction in gold, finished positive with profit factor 1.83 and equity drawdown 1.82 percent over 26 trades.
- A run with random execution delay showed no meaningful change in results.
- Results are from a small number of trades over a limited period. Live results will differ because of spread, slippage, broker feed and market conditions.
RECOMMENDATIONS
- Test on a demo account first and confirm the session window and spread on your own broker.
- Use a broker with tight, stable XAUUSD spreads.
- Gold trends do not last forever. Review performance regularly and do not risk money you cannot afford to lose.
UPDATES AND SUPPORT
Questions and bug reports are answered in the product comments and messages here on MQL5. Updates are published through the Market.
DISCLAIMER
Trading leveraged products carries a high risk of loss. Past performance and backtest results do not guarantee future results. This product does not promise profit.
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