Gold Strike EA
- Experts
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Abderrahmane Benali
Hello, I’m BENALI, I'm a developer of advanced Expert Advisors, indicators, and utilities for MetaTrader 4 and MetaTrader 5. - Version: 1.7
- Mise à jour: 2 novembre 2026
- Activations: 10
GOLD STRIKE EA MT5 – Swing Breakout Trading System for XAUUSD
An automated trading strategy based on market structure
GOLD STRIKE EA is designed for trading Gold (XAUUSD) on MetaTrader 5 using a strategy based on swing highs, swing lows, and breakout levels.
The EA analyzes market structure, identifies the latest unbroken swing high and swing low, and places Buy Stop and Sell Stop pending orders at the detected levels.
Stop Loss and Take Profit levels are assigned to each order, while additional tools are available for position management and risk control.
All major trading parameters can be customized through the EA input settings.
IMPORTANT! After your purchase, please send me a private message
Trading Logic
GOLD STRIKE EA uses several technical components:
1. Swing High & Low Detection
Identifies the latest unbroken swing highs and swing lows. Market structure is evaluated once per new candle.
2. Pending Order Placement
Places Buy Stop and Sell Stop orders at the detected levels, with configurable order expiration.
3. Market Filters
Uses three technical filters to evaluate trading conditions:
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ATR: Measures market volatility.
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Tick Volume: Evaluates trading activity.
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RSI: Measures price momentum.
These filters are used to evaluate trading setups according to the configured conditions.
4. Trade Management
Stop Loss and Take Profit are assigned when pending orders are placed.
Default settings:
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Stop Loss: 800 points.
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Take Profit: 800 points.
The EA also includes a Trailing Stop system and an optional Break Even function.
Default Trailing Stop settings:
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Start: 60 points.
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Distance: 30 points.
5. Pending Order Management
When one or more filter conditions are no longer satisfied, the affected pending orders are removed according to the strategy logic until market conditions change.
Lot Sizing & Risk Management
GOLD STRIKE EA provides two lot sizing methods:
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Fixed Lot: Uses a predefined trading volume.
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Risk Percentage: Calculates trading volume based on a specified percentage of account balance.
The EA also includes configurable account protection parameters:
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Maximum Spread.
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Maximum Open Positions.
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Maximum Lot.
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Daily Loss Limit.
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Daily Drawdown Percentage.
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Equity Drawdown Percentage.
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Minimum Equity.
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Maximum Equity.
These parameters allow users to define trading limits according to their account size and risk management preferences.
Trading Hours Control
Trading sessions can be configured using broker server time.
Users can define their preferred operating hours through the EA settings.
On-Chart Information Panel
The EA includes an information panel displayed directly on the chart, providing access to relevant trading information, including:
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Trading statistics.
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Current spread.
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RSI value.
Optional Loss Recovery Module
GOLD STRIKE EA includes an additional trade management option designed to handle certain losing trade situations.
When predefined conditions are met, the EA can open an opposite-direction position using an increased lot size.
Default settings:
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Recovery Trigger: 50% of the original Stop Loss distance.
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Lot Multiplier: x4.
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Direction: Opposite Direction.
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Default Status: Enabled.
Risk Warning: This module increases trading volume after a loss and can significantly increase financial exposure and account drawdown. It does not guarantee recovery of previous losses.
The module can be disabled through the EA settings.
Users should understand its operation and associated risks and test it on a demo account before considering its use on a live account.
Recommended Timeframe & Trading Environment
Platform: MetaTrader 5.
Trading Symbol: XAUUSD (Gold).
Recommended Timeframe: M5 (5 Minutes).
The 5-minute timeframe is the recommended starting point for using GOLD STRIKE EA.
Other timeframes are supported. However, trading signals and EA behavior may differ depending on the selected timeframe.
Recommended Account Type: ECN or RAW Spread accounts with low trading spreads.
A trading account with competitive trading costs is recommended. Commissions, execution conditions, and slippage should also be considered.
RAW Spread accounts offered by brokers such as IC Markets, or comparable low-spread accounts, can be considered.
A low-spread account does not guarantee better trading results.
VPS: Using a VPS is recommended to maintain continuous operation of the trading platform and EA.
Prop Firm Account Considerations
The EA provides configurable parameters for daily loss, account drawdown, and equity limits.
These protection settings are disabled by default and should be configured according to your account requirements.
For Prop Firm accounts, disabling the Loss Recovery Module is recommended. Users should also verify that all EA settings and trading operations comply with the specific firm's rules.
Important Risk Disclosure
Trading leveraged financial instruments involves substantial risk and may result in the loss of part or all of your invested capital.
GOLD STRIKE EA does not guarantee profits or future trading results.
Actual trading performance may differ from historical testing results due to market conditions, spreads, commissions, slippage, and order execution speed.
Always test the EA on a demo account before using it on a live account. Configure trading parameters according to your account size and risk tolerance.
This product is automated trading software and does not constitute financial or investment advice.
