The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "ICMarketsSC-MT5-3" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
No data
This signal is fully automated by the GoldHydra Expert Advisor. Every trade
is placed and managed by the EA with no manual intervention.
STRATEGY
Breakout trading on gold. The EA identifies confirmed swing highs and lows
on the H1 chart and places a buy stop above the high and a sell stop below
the low. It does not predict direction - whichever side the market breaks
becomes the trade, and the opposite order is cancelled immediately.
Six independent sub-strategies run side by side, each reading structure over
a different lookback with its own breakout buffer and order lifetime.
TRADE MANAGEMENT
Every position opens with a fixed stop loss attached. There is no fixed take
profit. Once a trade reaches a set profit the stop moves to break-even, and
beyond that it trails behind price, allowing strong moves to continue.
No martingale. No grid. No averaging down. Lot size never increases after a
loss. Each sub-strategy holds at most one position at a time.
RISK CONTROLS
- Fixed stop loss on every trade
- Spread filter, session filter and economic news filter
- Positions closed before the weekend
- Optional daily drawdown limit
ACCOUNT DETAILS
Symbol traded XAUUSD
Timeframe H1
Broker [IC]
Account type [ECN / Raw / Standard]
Leverage [1:1000.]
Deposit [$100]
Risk setting [e.g. 0.5% risk per trade]
Execution [VPS, 24/5]
FOR SUBSCRIBERS
Gold moves fast and spreads vary a lot between brokers. For the closest
match to these results, copy on an account with comparable spreads and
leverage, and set your copy ratio according to your own risk tolerance
rather than the maximum available.
Minimum recommended deposit for copying: $100
The EA is available on the MQL5 Market:
Trading gold carries substantial risk. Past performance does not guarantee
future results.
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