Gaus Gold X
- Experts
- Version: 1.2
- Activations: 10
Gaus Gold X is a fully automated Expert Advisor for XAUUSD (Gold). It trades breakouts of confirmed H1 swing highs and lows with pending stop orders and manages every position with a fixed stop loss and a trailing stop.
HOW IT WORKS
- Four independent strategies (A, B, C, D) detect confirmed swing levels on the H1 chart. Each strategy has its own swing size, entry distance, stop loss, take profit and trailing logic.
- Entries are placed as Buy Stop / Sell Stop orders only.
- Every trade has a fixed stop loss and take profit from the moment it opens. A trailing stop follows the price once the trade moves into profit.
- One position per strategy and direction.
- No martingale, no grid, no averaging, no recovery logic.
- Typical holding time is a few minutes.
FEATURES
- On-chart control panel: switch each strategy on/off, pause trading, close profitable positions, close all.
- News filter based on the built-in MT5 economic calendar (FOMC, CPI, NFP, PCE, PPI, GDP, Retail Sales, ISM). Pending orders are removed before and after the event. No WebRequest or DLL is needed. The economic calendar is not available in the Strategy Tester, so the news filter works on live and demo accounts only.
- Time filter for your own blocked trading windows.
- Money management: fixed lot, lot per balance (automatic compounding) or risk % per trade, with a maximum lot limit.
- Daily profit target and daily profit lock.
- Works with 2-digit and 3-digit gold quotes.
REQUIREMENTS AND RECOMMENDATIONS
- Symbol: XAUUSD / GOLD.
- Chart timeframe: any (M5 recommended). The EA reads H1 data internally.
- Account type: hedging.
- A low spread (raw / ECN) account is recommended. Trades are short, so execution quality matters.
- Server time: designed for brokers on GMT+2 / GMT+3 (New York close). For other server times, use the "Server time shift" input (example: broker on GMT+0 -> 2).
- Minimum deposit: 300 USD with the default settings (0.01 lot per 300 USD).
- A VPS is recommended for continuous operation.
INPUT PARAMETERS
Strategies
- Strategy A / B / C / D: enable or disable each strategy.
Money management
- Lot mode: Fixed lot / Risk % per trade / Lot per balance.
- Fixed lot / base lot: lot size in Fixed mode, base lot in Lot per balance mode.
- Lot per balance: balance (USD) for one base lot. Default 300 = 0.01 lot per 300 USD.
- Risk % per trade: used in Risk mode, based on the stop loss distance.
- Maximum lot: upper lot limit (0 = no limit).
Daily target / profit lock
- Daily profit target: closes all positions and pauses until the next day when reached (0 = off).
- Profit lock: activates at the given daily profit and closes all positions if the daily profit falls back by the giveback percentage.
News filter
- Use news filter, minutes before / after news, event selection, all high-impact USD news.
- Close open positions when the news window starts (off by default).
Time filter
- Blocked windows in server time (example: 15:25-15:45;21:00-21:59), Friday only option.
- Server time shift (hours) for brokers not on GMT+2 / GMT+3.
General
- Magic number base (A = base+1 ... D = base+4).
- Maximum spread (0.01 price units, 0 = off).
- Max positions in the same direction for all strategies (0 = off).
Panel
- Show panel, position, accent color, remember panel switches after restart.
HOW TO START
1. Attach the EA to one XAUUSD chart (any timeframe, M5 recommended).
2. Allow algorithmic trading.
3. Keep the default settings or adjust the lot settings to your balance.
4. Use one chart per account. Strategies A-D run inside the same EA.
RISK WARNING
Trading gold with leverage carries a high level of risk and may not be suitable for all investors. Test the EA on a demo account before using it on a live account and only trade with money you can afford to lose.
Support: please contact me through the product comments or MQL5 private messages.
