Gold Pantheon Sovereign MT4
- Experts
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Shakir Mehmed
Software engineer and algorithmic trading systems developer specializing in automated trading solutions for MetaTrader 5. - Version: 1.13
- Activations: 10
Gold Pantheon Sovereign is an Expert Advisor for MetaTrader 4 that trades XAUUSD with several independent strategy books in one program. The books use pending stop orders and predefined exits. Position sizing is coordinated through one account-level risk budget.
This is the MetaTrader 4 build, with the same rules. The figures below come from MetaTrader 5 real tick tests. The MetaTrader 4 tester differs somewhat because of its own tick timing and fill model.
Logic
- Each book reads structure on its own timeframes.
- Each book places pending stop orders around confirmed levels. Orders that are not triggered expire.
- Stops, targets and trailing rules are set before a position exists.
- One risk input scales every book at once, so the proportions between the books stay the same.
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 level
- 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 166%, and the maximum equity drawdown was 36.74%. In the 2010 to 1 May 2026 window the Standard setting had a maximum equity drawdown of 38.13% 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) | 22.63% | about 38% |
| Standard (x1) | 36.74% | about 49% |
| x1.25 | 46.70% | about 59% |
| Aggressive (x1.5) | 56.33% | about 68% |
| Extreme (x2) | 75.18% | about 83% |
At the Standard setting the longest simulated period below a previous equity high was 174 days. Across the resampled paths the median was 223 days, and 12% 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 balance of USD 600 is the technical minimum and USD 2,000 or more is recommended. A virtual private server is recommended because pending orders need the terminal online.
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.
