Kintsugi MT5
- Experts
- Version: 1.19
- Activations: 10
Kintsugi MT5 — Multi-move Advisor for gold (XAUUSD)
Kintsugi is an automatic advisor for MetaTrader 5, designed for gold trading. There are eight independent trading engines running inside it. Each engine looks for its market situations on its own time scale: from intraday movements to multi-day ones. The engines complement each other, so the result is not based on a single market scenario.
THE PRINCIPLE OF OPERATION
- Each position is opened immediately with a fixed stop loss.
- Without grid and martingale: volume does not increase after losses, positions are not averaged at the worst price.
- Open positions are accompanied by: a break-even transfer, a trailing stop, a defensive exit for trades that have gone far against the position, and a time exit.
- Before the publication of the US Employment Report (NFP), the ADVISER stops entering and closes positions, and pauses after the data is released.
- Entry is performed only with a normal spread: the spread spikes at the opening of the day and on the news are skipped.
- Decisions do not depend on the timeframe of the chart: the ADVISER uses the timeframes he needs.
TEST RESULTS
MetaTrader 5 strategy tester, MetaQuotes-Demo server, XAUUSD, 01.01.2020–01.10.2026, real ticks, random delay in execution, deposit 10,000 USD, fixed lot 0.01:
- net profit 8,555 USD, profit factor 1.51;
- maximum drawdown of 3.95%;
- 5,039 transactions, all 7 years profitable, 26 profitable quarters out of 27.
The same test without delay of execution: profit factor 1.65. The result significantly depends on the execution speed, therefore, a VPS near the broker's server is recommended for real trading.
The same period in Target drawdown mode % = 20: the deposit of 10,000 USD increased to 1,091,432 USD with a maximum relative drawdown of 22.0%.
INPUT PARAMETERS
Money management
- Magic number — the identifier of the Adviser's transactions. The ADVISOR uses several numbers in a row, starting with this one. If another Expert Advisor is working on the same symbol, his number should not fall within the range from Magic number to Magic number + 10.
- Lot mode — volume calculation method (default Target drawdown%):
Fixed lot — constant volume;
Risk % per trade — each position risks a set portion of the balance if a stop loss is triggered;
Target drawdown% — you set the desired maximum drawdown, and the Expert Advisor itself deduces the risk for the transaction from the test results of 2020-2026. For example, 20% corresponds to a risk of about 1.25% per trade. This is an estimate, not a guarantee: the future drawdown may be higher.
- Fixed lot — volume in Fixed lot mode.
- Risk per trade, % — the risk per trade in the Risk % per trade mode.
- Target drawdown, % — target drawdown in Target drawdown% mode (default is 20).
Filters
- Pause around NFP — pause around the US employment report.
- False breakout protection (lower drawdown, less profit) — closes the deal ahead of schedule with a small loss if the movement was not confirmed immediately after entry. The drawdown is lower, the profit is less. Disabled by default.
- Spread limit for entry, points (0 = auto) — the maximum spread for entry. 0 is the automatic threshold.
- Broker time zone — the time zone of the broker's server. Auto is suitable for most brokers. In the strategy tester, Auto means GMT.+2/+3 (New York closing time); if your broker uses a different time zone, specify it manually.
INFORMATION PANEL
In real trading, a compact panel is displayed on the chart: trading status (trading, NFP pause, market closed, wide spread, auto trading turned off), volume calculation mode, open positions and floating result, result for the day, week and month, current and maximum drawdown, spread and time of the nearest NFP pause. The panel is dragged with the mouse and collapsed with the button in the header, the position is remembered. The panel is not displayed in the strategy tester.
recommendations
- Instrument: XAUUSD (gold). The broker's symbol name may have a different suffix, but it doesn't matter.
- Timeframe of the chart: any.
- Account type: Hedging. The ADVISER works on a netting account, but holds no more than one position at a time.
- Deposit: from 3,000 USD for every 0.01 lots in Fixed lot mode. In the Risk % per trade and Target drawdown% modes, a deposit of at least 15,000 USD is required for accurate risk compliance on all engines: on a smaller account, some transactions will open with a minimum lot with a higher risk (the ADVISER reports this in the journal). A cent account is suitable for small accounts.
- Leverage: from 1:100.
- Work 24/5 on VPS.
FREQUENTLY ASKED QUESTIONS
Is this a grid advisor or a martingale?
No. Each position has its own stop loss, the volume does not increase after losses.
Can multiple positions be opened at the same time?
Yes. At such times, the overall risk is higher than the risk of a single trade; this is taken into account in the assessment of the Target drawdown% mode.
Are there losing trades and periods?
Yes. About a third of trades close at a loss or break even, and there are unprofitable months (21 out of 81 in the test). The result consists of a large number of transactions.
Can it be used on other instruments?
The ADVISOR is designed and tested only for gold. It will run on other symbols, but the results have not been checked.
support
Write your questions and suggestions in private messages or in the product comments on MQL5.com .
