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Gold Spot Pending Buy Advance

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Published: 7 August 2020

Current version: 3.0

Gold Spot Pending Buy Advance

Name: Gold Spot Pending Buy Advance
Author: Handy Ban

Experts
Handy Ban
Handy Ban
IT and Marketing at Indonesia

Indonesia

5527
5 (1)
Hello and Welcome!
I’m an enterprise system developer who discovered a passion for forex trading in 2020. I specialize almost exclusively in Gold (XAUUSD) because its dynamic, high-movement trends provide incredible opportunities for the right strategies.

14 products
Version: 3.0
Updated: 5 August 2025

Here is the revised, compliant description for Gold Spot Pending Buy Advanced.

I have applied the same compliance standards:

Safety First: Removed the "⚠️" symbol and replaced "recovery logic" warnings with a neutral "Risk Warning" section.
Neutralized Language: Rephrased the strategy description to be purely technical, avoiding any implication of "guaranteed" entries.
Logical Grouping: Grouped the input parameters into Risk, Strategy, and Order Settings for better readability as per the "Recommendations" guidelines.

Gold Spot Pending Buy Advanced

Gold Spot Pending Buy Advanced is an automated Expert Advisor developed for trading XAUUSD (Gold). It utilizes a pending-order-based strategy that aligns with trend detection logic. The Expert Advisor operates strictly on predefined technical conditions.

Strategy Overview

The Expert Advisor identifies potential market direction using a crossover logic based on Exponential Moving Averages (EMA 10 and EMA 60).

Entry Logic: Trade entries are executed exclusively through pending orders (Buy Stop or Buy Limit), depending on the price position relative to the detected trend.
Order Management: Orders are placed only when specific EMA conditions are satisfied. The EA continuously monitors and modifies pending orders according to market movements and input parameters.

Main Features

EMA-based trend detection (EMA 10 & EMA 60)
Pending order execution model (Stop / Limit)
Configurable trading time filters
Integrated Maximum Drawdown limitation
Fully automated trade and order management

Recommendations

Symbol: XAUUSD
Timeframe: M15 or H1
Account Type: Any MT5 account supporting XAUUSD
VPS: Recommended for continuous operation

Input Parameters

Risk Management

MaxRiskPercent: Risk per trade calculated from account balance
MaxDrawDown: Maximum allowed floating drawdown percentage (stops new trades if reached)
StopLossPoints: Virtual stop loss distance (in points)

Order Settings

PendingLot: Base lot size for initial orders
DistancePending: Distance between pending orders (in points)
TP: Take Profit target (in points)
MaxOpenPosition: Maximum number of simultaneously open positions
TotalPendingOrder: Maximum number of pending orders allowed per signal

Strategy Settings

Trend: Manual direction filter (Buy / Sell)

Risk Warning

This Expert Advisor is a technical trading tool. Trading financial instruments involves significant risk and may result in losses. Strategies that increase exposure during drawdowns require careful risk management. Past performance does not guarantee future results. The user is solely responsible for all trading decisions.

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FREE

SuperTrend Indicator for MetaTrader 5 The SuperTrend Indicator is a classic trend-following tool designed to help traders identify the current market direction with clarity and precision. Based on Average True Range (ATR), it dynamically adapts to price volatility to outline potential support or resistance levels in trending markets. Key Features Trend Visualization Displays color-coded trend lines directly on the chart: • Uptrend – green line • Downtrend – red line Signal Arrows Shows arrows

FREE

GoldWeeklyPro GoldWeeklyPro is an automated Expert Advisor developed for trading XAUUSD (Gold) using a rule-based technical strategy. The Expert Advisor operates on higher timeframes and opens trades only when predefined technical conditions are met. Strategy Overview The Expert Advisor evaluates market conditions using a combination of trend filters, momentum indicators, and price pattern detection. Trade entries are generated only when the internal strategy criteria are satisfied. Primary Log

FREE

This Expert Advisor is a Combination of Averaging & Martingale. 1. Trend : to define what position the EA should Trade - LONG SHORT ( EA will open both BUY and Sell ) - LONG ONLY ( EA will only open BUY ) - SHORT ONLY ( EA will only open SELL ) 2. Distance between Each Positions - Point value of each Positions 100 : - if 100 Points reached between the last position and current price, new Position will be open by EA - EA will set up a higher volume for this new Position - new TP calculated us

FREE

EA designed to generate pending orders based on the trend and designated take profit value. This EA designed exclusively to work best on GOLD SPOT M5 especially during up trend. User can freely decide to close the open position from this EA or wait until take profit hit. No parameters need to be set as it already set from the EA itself. This EA do not use Stop Loss due to the applied strategy. Please do fully backtest the EA on the worst condition before use on the real account. Recommended ini

FREE

This is a tool created for scalping. it can generate pending orders with 4 input: 1. Volume : Lot for the Pending Orders 2. Distance : Distance within the Orders in Points 3. Total Order : Total Generated Orders 4. Take Profit : TP for the generated Orders in Points 5. Stop Loss : SL for the generated Orders in Points It also have another tools which can monitor the floating and close at defined profit using Closed at Profit Input What's new: - Stop Loss in Pip

FREE

SuperTrend Gold MT5 SuperTrend Gold Trend Filter is a trend-following Expert Advisor designed for XAUUSD (Gold) . It enters trades in the direction of a SuperTrend signal on the trading timeframe, but only when a higher-timeframe SuperTrend confirms the same direction. The higher-timeframe filter helps avoid trading against the dominant trend and reduces activity during sideways market conditions. Every trade is protected by a hard stop loss from the moment it opens. A trailing stop follows the

50 USD

Aurum Gold Breakout Pro Aurum Gold Breakout Pro is the live-trading edition of the Adaptive Gold Breakout engine — a Donchian Channel breakout system for XAUUSD (Gold) with multi-layered adaptive risk management, refined to one input and hardened for real-money trading. One position at a time Fixed stop on every trade No martingale, no grid, no averaging down Why Aurum (vs Free Version) Built on the same proven strategy and backtest quality — Aurum adds what matters for real capital : Risk-base

50 USD

StraddleGrid is a fully automated Expert Advisor that trades intraday breakouts on gold during the London and New York sessions. It places a pair of pending stop orders around the current price; when one side is triggered, the opposite side is cancelled. Every position is opened with a fixed stop loss and take profit. The EA does not use martingale, position averaging, or hidden virtual stops. Trading approach Order distances adapt to current volatility using the ATR on the M5 timeframe. Positi

50 USD

SuperTrend Pro Adaptive is the next generation of the SuperTrend Pro line. It keeps the proven core — SuperTrend signals confirmed by a higher-timeframe trend filter — and adds two major upgrades developed and validated across three and a half years of every-tick testing. 1. Adaptive Signal Strength Engine. Not every SuperTrend flip is worth trading. The EA grades every signal from 0 to 10 using a proprietary adaptive strength model that continuously measures how well trend-following logic is pe

50 USD

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Rui Xue Chen 2025.03.06 11:55 #

User didn't leave any comment to the rating

5527

Reply from developer Handy Ban 2025.03.06 15:35 #

Thank you for the review. Happy trading

46046023 Hulmani 2022.03.28 08:47 #

Good EA.. Need to add stop loss

5527

Reply from developer Handy Ban 2025.03.06 15:35 #

Thank you for the review