Gold Spot Pending Buy Advance

  • Experts
  • Handy Ban
    Handy Ban
    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.
  • 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:

  1. Safety First: Removed the "⚠️" symbol and replaced "recovery logic" warnings with a neutral "Risk Warning" section.

  2. Neutralized Language: Rephrased the strategy description to be purely technical, avoiding any implication of "guaranteed" entries.

  3. 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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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
XG Gold Robot MT5
MQL TOOLS SL
4.3 (111)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
Wave Rider EA MT5
Adam Hrncir
4.88 (43)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, Blackbull, Fusion,
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This indicator creates a Renko-based custom symbol in MetaTrader 5. Renko charts are built using price movement only, not time, making them useful for analyzing trends and filtering noise. Features Customizable brick size in points. Option to calculate brick size using ATR (adaptive). Ability to show or hide wicks. Creates and updates a custom Renko chart symbol. Automatically opens the chart window (optional). Maintains a limited bar history for performance. Inputs BrickSizePoints – brick size
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One Trade Gold Pro One Trade Gold Pro is an automated Expert Advisor developed for trading XAUUSD (Gold). It is designed specifically for the Daily (D1) timeframe, focusing on lower frequency, higher quality setups rather than rapid scalping. Strategy Overview The Expert Advisor evaluates market conditions using a rule-based logic to identify momentum and trend direction. Entry Logic: The primary signal is generated based on Relative Strength Index (RSI) momentum. If the primary RSI conditions
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Adaptive Gold Breakout EA is an automated trading system for XAUUSD on MetaTrader 5, designed to trade breakout opportunities only when supported by strong trend and momentum conditions. Strategy Overview The EA uses a Donchian Channel breakout approach combined with multi-timeframe confirmation to filter low-quality setups and reduce trading during sideways markets. Entry Conditions Trades are executed only when all conditions are met: Breakout confirmed on M15 candle close Trend directi
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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
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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
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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
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
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
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
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Rui Xue Chen
143
Rui Xue Chen 2025.03.06 11:55 
 

User didn't leave any comment to the rating

Handy Ban
5469
Reply from developer Handy Ban 2025.03.06 15:35
Thank you for the review. Happy trading
46046023 Hulmani
63
46046023 Hulmani 2022.03.28 08:47 
 

Good EA.. Need to add stop loss

Handy Ban
5469
Reply from developer Handy Ban 2025.03.06 15:35
Thank you for the review
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