Fire Horse Gold Pyramid Mt5

Fire Horse Gold Pyramid MT5

Uses internal trend-based logic for BUY-only market conditions.
Uses controlled position management with reduced risk behavior for additional positions.
Protection logic is handled internally by the EA.

No martingale.No grid.No averaging down.

Overview

Fire Horse Gold Pyramid MT5 executes trades based on predefined technical rules.

Positions are managed only according to the EA internal logic.

The system includes:

• Internal trend-based market filtering
• Internal entry logic
• Internal protection management
• Controlled risk behavior for additional positions
• 3 preset modes: Original, Balanced and Custom

The trading logic is fixed and rule-based.

The current version v.1.68 includes:

• Improved drawdown control
• Reduced aggressive exposure during weaker market conditions
• More conservative position management
• Updated risk behavior for additional entries
• Better handling of open positions during unfavorable price movement
• Improved stability of the EA logic during volatile XAUUSD conditions
• Cleaner backtest behavior with focus on lower drawdown instead of maximum profit
• Minor internal logic adjustments for more controlled execution

Strategy Logic

Market Filter

Trades are allowed only when market conditions match the EA internal logic.

Entry Logic

Entries are handled by the EA internal rules.
The exact entry logic is not disclosed.

Protection Logic

Protection is managed internally by the EA.
The exact protection logic is not disclosed.

Additional Positions

Additional positions may be opened only when the EA internal logic allows it.
Risk behavior for additional entries has been updated in the current version.

Sequence Management

If market conditions become unfavorable, the EA can manage open positions according to its internal rules.

Presets:

Original – Original Fire Horse behavior.

Balanced – More conservative behavior with stronger focus on drawdown control.

Custom – Allows selected settings to be adjusted manually.

Recommended Settings (XAUUSD)

Symbol: XAUUSD
Timeframe: H1 or H4
Preset: Original, Balanced or Custom
MaxPositions: according to account size and risk preference

Input Parameters:

Presets

PresetMode – choose Original, Balanced or Custom

Positions

MaxPositions – maximum number of positions in one sequence
MagicNumber – EA identifier

Risk

Risk settings – control the risk behavior of the EA

Technical

Slippage – allowed slippage

Important

The EA operates in BUY-only mode.
Low activity during weak or falling market conditions can be normal.
Test settings in the Strategy Tester before using on a live account.

Support

For questions or assistance, contact via MQL5 messages.

Disclaimer

Trading involves risk.
This Expert Advisor does not guarantee profit.