Mallennium Gold Pro
- Experts
- Version: 1.40
- Activations: 5
Mallennium Gold Pro
Mallennium Gold Pro is a fully automated Expert Advisor for MetaTrader 5, built mainly for gold (XAUUSD). It uses a simple, rule-based approach with no indicators, so there are no lagging signals and no complicated settings.
How it works
- Instant entry: the EA opens a trade as soon as it is attached, with no waiting for a signal. You choose the first direction, Buy or Sell.
- Smart reversal: if price moves 0.5 against the position (spread excluded), the EA closes it and opens the opposite direction. This keeps each loss small and follows the market's new direction.
- Breakeven lock: once the trade is +1 in profit, the stop loss moves to breakeven, so a winning trade can no longer turn into a loss.
- Trailing stop: from +2 in profit, a trailing stop follows price to protect gains.
- Take profit: the final target is +20 price units.
- Re-entry: after a breakeven stop or take profit, the EA opens a new trade. You choose the same or the opposite direction.
Features
- Works on gold, and on other symbols through automatic unit scaling
- No martingale and no grid
- Margin check before every order, with the lot reduced automatically if the account is too small
- Lot size normalized to the broker's min, max and step
- Works on netting and hedging accounts
- Adjustable inputs: lot, reversal distance, breakeven, take profit, trailing start, distance and step, slippage and magic number
Recommended setup
- Symbol: XAUUSD (gold)
- Timeframe: any, since the EA reacts to price ticks
- Minimum balance: $100 or more with the default 0.01 lot
- Account type: any (netting or hedging)
- Broker: low spread and fast execution give the best results
