Phantom Strike Gold
- Experts
- Version: 1.0
- Activations: 5
PhantomStrike Gold — Precision Daily Breakout System
No grid. No martingale. No hedging. One clean trade per day with a hard stop loss on every position.
ANTI-SLIPPAGE PROTECTION
- Take profit is a limit order (server-side execution, no slippage)
- Maximum spread filter prevents entries during illiquid conditions
- Maximum slippage parameter caps deviation on stop order fills
- Session filter restricts trading to high-liquidity hours (London + New York overlap)
- Entries are only placed when spread is below your configured threshold
RISK MANAGEMENT
- Hard stop loss on every trade (default: 500 points)
- Auto lot sizing based on account balance and risk percentage
- Maximum total lot exposure cap
- Daily consecutive loss limit — EA pauses after N losing trades in a row
- High-impact USD news filter — reduces position size or pauses entries near major economic releases
KEY FEATURES
- Fully automatic: attach to chart, configure settings, and walk away
- Works on any symbol (optimized for XAUUSD but compatible with forex pairs, indices, etc.)
- No DLL imports, no external dependencies, no WebRequest
- No account restrictions — works with any broker, any account type
- Hedging and netting account compatible
- Clean journal logging for full trade transparency
- One trade per day — low frequency, high precision
RECOMMENDED SETTINGS
Symbol: XAUUSD (Gold)
Timeframe: Any (EA reads D1 candles internally)
Minimum balance: $1,000
Risk per trade: 1-10% (default: 10% — adjust based on your risk tolerance)
Broker: ECN or Raw Spread with low gold spreads recommended
VPS: Recommended for uninterrupted 24/5 operation
DEFAULT PARAMETERS
Lot sizing: Auto lot with 10% risk per trade
Stop Loss: 500 points
Take Profit: 400 points (limit order)
Breakeven trigger: 150 points / lock at +30 points
Partial close: 50% at 250 points / lock remainder at +50 points
Trailing stop: OFF by default (set TrailingStart > 0 to enable)
Max spread: 40 points
Max slippage: 30 points
Session filter: ON (7:00 - 21:00 server time)
News filter: ON (pauses near high-impact USD events)
Daily loss limit: 2 consecutive losses
INPUT PARAMETERS (Must Set Before Starting)
=== Lot Sizing ===
- Manual Lots: Fixed lot size when auto-lot is disabled (default: 0.01)
- Auto Lot: Enable risk-based position sizing (default: ON)
- Risk Percent: Percentage of balance to risk per trade (default: 10%)
- Max Total Lots: Maximum combined lot exposure (default: 1.0)
=== News Filter ===
- News Filter: Pause entries near high-impact USD news (default: ON)
- News Look Ahead: Minutes to check ahead for upcoming news (default: 60)
=== Daily Risk ===
- Max Consecutive Losses: Pause new trades after N losses in a day (default: 2)
=== Stop Loss & Take Profit ===
- SL Points: Stop loss distance in points (default: 500)
- TP Points: Take profit distance in points, placed as limit order (default: 400)
=== Breakeven ===
- Use Breakeven: Enable breakeven protection (default: ON)
- BE Start Points: Points profit to trigger breakeven move (default: 150)
- BE Lock Points: Lock stop loss at entry + N points (default: 30)
=== Trailing Stop ===
- Trailing Start: Points profit to begin trailing (default: 0 = OFF)
- Trailing Step: Trail distance behind price (default: 0 = OFF)
=== Partial Close ===
- Use Partial Close: Enable partial close at TP1 (default: ON)
- TP1 Points: Points profit to trigger partial close (default: 250)
- Partial Percent: Percentage of position to close (default: 50%)
- Partial BE Lock: Lock remainder SL at entry + N points after partial (default: 50)
=== Anti-Slippage ===
- Max Slippage: Maximum allowed slippage in points (default: 30)
- Max Spread: Maximum spread to allow new entries (default: 40)
- Entry Buffer: Points above high / below low for entry (default: 15)
=== Session & Setup ===
- Session Filter: Only trade during liquid hours (default: ON)
- One Setup Per Day: Limit to one breakout attempt per day (default: ON)
- Magic Number: Unique identifier for this EA instance (default: 123456)
INSTALLATION
1. Attach PhantomStrike Gold to an XAUUSD chart (any timeframe)
2. Enable "Allow Algo Trading" in the EA properties
3. Adjust risk percent and lot settings to match your account size
4. The EA will wait for the next trading day to place its first breakout orders
5. Monitor the Experts tab for trade logs and status messages
IMPORTANT NOTES
- Always test on a demo account first before going live
- Backtest using "Every tick based on real ticks" mode for accurate results
- The news filter uses the built-in economic calendar and works only on live/demo accounts (not in strategy tester)
- Past performance in backtesting does not guarantee future results
- Trading involves risk — only trade with capital you can afford to lose
SUPPORT
If you have questions about setup, settings, or encounter any issues, please leave a comment on the product page or send me a private message. I aim to respond within 24 hours.
