MEME GOlD V11
- Experts
- Version: 11.91
- Activations: 5
Meme Gold is a fully automated two-sided grid EA built for gold (XAUUSD). It places buy-stop orders above the price and sell-stop orders below it, follows the move in either direction, and locks in profit in small baskets until it reaches its daily target. Then it stops trading until the next day. HOW IT WORKS - Two-sided grid: buy and sell stop orders at a fixed distance ($1.50 by default). - Basket profit taking: when open trades reach a small profit, a trailing exit closes the basket and a new one begins. - Daily target: 1.75% of the balance by default. Once reached, the EA closes everything and waits for the next day. - One clean cycle per day, starting shortly after midnight (server time). RISK PROTECTION - Daily Equity Stop: closes all trades if the day's loss reaches 40% of the day-start balance (adjustable). - Two-stage recovery exit (RX1 / RX2): after a deep drawdown, it waits for a partial recovery and exits with a trailing stop, instead of waiting for the full stop. - Profit Lock: after a strong run (+25%), it protects gains if equity falls 12% from the peak. - Margin guard: no new orders when the margin level is low; every order is checked for free margin and broker limits before it is sent. - Optional Friday close to avoid weekend gaps. LOT SIZING (4 MODES) - Mode 3 (default): automatic and conservative. Starts at 0.01 lot per $5,000 and grows as the account grows, staying at most two steps behind the full size. - Modes 0, 1 and 2: fixed, stepped, or linear growth. - Lots shrink automatically after losses. ON-CHART PANEL Live status, balance and equity, daily, weekly and monthly drawdown, basket and cycle profit, daily target, and the state of every protection. MULTIPLE CHARTS ON ONE ACCOUNT Each chart can use its own share of the account (CapitalSharePct), with its own lot size, targets and protections. RECOMMENDED SETUP - Symbol: XAUUSD. Timeframe: any (M5 recommended). - Account: HEDGING account required. - Minimum balance: $1,000 on a standard account, or $100 on a cent account. - A VPS is recommended for 24/5 operation. - Default settings are ready to use. No set file needed. RISK WARNING Grid trading carries significant risk. During strong one-directional moves, drawdowns can be large, and the daily Equity Stop can close the day at a loss. Past performance does not guarantee future results. Test on a demo account first and only trade money you can afford to lose.
