Goldvane
- Experts
-
Nawal Kishor Yadav
Electronics & Communication Engineer | MQL5 Developer | Forex Trading Systems Specialist - Version: 1.0
- Activations: 5
Goldvane EA – Professional Breakout System for Gold (XAUUSD)
Blog:- Click Here
Goldvane is a fully automated Expert Advisor built exclusively for Gold. It trades breakouts of key session ranges and market-structure levels using pending stop orders, so it only enters when price actually breaks out with momentum. Every trade has a Stop Loss and Take Profit from the moment it opens.
No martingale. No grid. No averaging down. No lot increase after losses.
HOW IT WORKS
- Several independent breakout models work together inside one EA, each with its own entry, exit and trade-management rules.
- Session-range breakouts capture the moves that start when London and New York liquidity enters the market.
- Market-structure breakouts follow swing highs and lows to catch larger trending moves.
- Pending orders are placed at precise levels and removed automatically when the setup expires.
- Open trades are protected with trailing stops and profit locks that move the Stop Loss into profit as the trade develops.
MONEY MANAGEMENT
Choose the method that suits you:
- Risk fixed money per trade (default) – every trade risks the same amount, for example 100 USD.
- Risk % of balance per trade – lot size grows and shrinks with your account.
- Fixed lot size – the same lot on every trade.
- Risk profile – five ready-made presets: Very Low, Low, Average, High and Very High.
ACCOUNT PROTECTION
- Daily loss protection – stops new orders for the day after a set loss is reached.
- Equity target – closes all trades and stops trading when your equity goal is reached.
- Maximum lot size limit.
- Free-margin check before every order.
- Optional Friday exit – delete pending orders or close all trades before the weekend.
DASHBOARD
A clean on-chart dashboard shows balance, equity, floating and daily P/L, risk mode, daily loss limit, open positions, pending orders, spread, server time and EA status (Active / Paused / Weekend / Stopped).
RECOMMENDATIONS
- Symbol: XAUUSD (Gold) – any broker symbol name works.
- Chart timeframe: H1 recommended. The EA reads the timeframes it needs internally.
- Account type: Hedging.
- Broker: low spread, server time GMT+2 / GMT+3 (most MT5 brokers). For other brokers, enable "Use custom broker GMT offset" and enter your broker's offsets.
- Default risk of 100 USD per trade is designed for accounts of about 10,000 USD. For smaller accounts, lower the risk money or use Risk % mode.
- A VPS is recommended for 24/5 operation.
MAIN INPUTS
- Money management – choose one of the four modes.
- Risk money / Risk % / Fixed lot / Risk profile – value for the selected mode.
- Daily loss protection, Max lot size, Equity target.
- Magic number and Trade comment.
- Broker GMT settings, Weekend exit, Dashboard and Chart theme.
IMPORTANT
Test the EA in the Strategy Tester with "Every tick based on real ticks" and on a demo account before trading real money. Results depend on your broker's spread, execution and server time.
Risk warning: Trading Gold with leverage involves high risk and may not suit every investor. Past performance, including backtests, does not guarantee future results. Only trade with money you can afford to lose.
Version 1.00 – Developed by Nawal Kishor Yadav.
