Polaris Edge

Polaris Edge is an expert advisor built exclusively for gold (XAUUSD). It runs five independent strategies: three fast ones that trade intraday moves, and two slower ones that hold their trades for hours or days. Each strategy has its own magic number, its own entries and its own exits, so they add up instead of repeating the same trade.

No martingale, no grid, no averaging down, no loss recovery. Every trade has a hard stop loss from the moment it is opened.

Suggested broker: TMGM - low spread and low round-trip latency to the trade server. Many trades last from a few seconds to a few minutes, so execution speed has a direct impact on results.

Register here: TMGM

Live signal: Polaris Edge - live signal 

THE STRATEGIES

P5, P6, P7 - fast intraday strategies

Three strategies on the same core engine, each reading the market on a different time horizon. Most of the time they trade different moves; when they agree, they can be in the market together. Each holds at most one position at a time.

Stops are tight on purpose: $1 from the entry by default, which is about $1 of risk per 0.01 lot plus spread and commission. A trailing stop follows the price from the first tick in profit, at a $1 distance by default. Losing trades are small and frequent; the profit comes from the minority of trades that keep running. The stop and trailing distance can be set separately for each strategy; the defaults are the values everything was tested with.

P8 - slower strategy, one position at a time

Trades larger moves and holds them for hours or days. The stop loss is set in % of the price (about $7.60 per 0.01 lot with gold at $4,000) and the target is a multiple of the stop. A stepped exit first locks in a small gain, then trails the price.

P9 - slower strategy, three variants

Three variants trade the same moves with different stops and targets in % of the price, from a short target to a long runner. Each variant moves its stop to break-even once the trade is in profit.

The variants work together, not as alternatives: on a strong move several P9 orders fill at the same price, typically five positions. With gold at $4,000 and 0.01 lot each, a P9 trade that goes wrong costs about $150. This is why P9 has its own, larger sizing steps and starts trading only from a minimum balance (see Position sizing).

The EA places and manages its own pending orders during all market hours, so it needs to run on an always-on terminal or VPS.

PROTECTION

·         Performance guard (P5-P7). The EA tracks how P5-P7 have been doing recently. When results turn negative, it stops sending real orders and follows its signals virtually (paper trading) until results recover, then resumes real trading on its own. The virtual book is saved to a file, so a terminal restart or a VPS reboot does not reset it.

·         US data window (P5-P7). Around the main US economic releases (8:28-8:45 New York time) P5-P7 send no real orders. The broker's time zone and the US daylight-saving changes are detected automatically.

·         Session-break guard (P5-P7). Pending orders are cancelled a few minutes before the daily and weekend market breaks, so nothing gets filled on the reopening gap.

·         Market-condition sizing (P5-P7). Based on internal market-condition scores, a single order can be sized from 0.25x to 3x the lot of your risk preset. It never depends on previous wins or losses (it is not martingale), and it always stays within the Max lot cap.

·         Margin check (all strategies). Before placing a pending order, the EA checks that the free margin can cover it, together with the orders already open. If it can't, the order is reduced or skipped.

P8 and P9 were developed and tested without the P5-P7 filters and keep their own order management.

POSITION SIZING

The risk preset sizes every strategy and recomputes the lot on every new order from the account balance:

·         P5, P6, P7 and P8: Low 0.01 lot per $450 of balance, Medium per $300, High per $150 (the default), Insane per $120.

·         P9: Low 0.01 lot per $2,250, Medium per $1,500, High per $1,500, Insane per $2,400.

·         Fixed: the lot you set by hand, for every strategy.

·         Percent: the lot is sized so that hitting the strategy's stop costs the chosen % of the balance. Careful: because the P5-P7 stop is tight, even 1% means a large lot, far more aggressive than Insane.

P5-P7 never go below the broker's minimum lot: accounts smaller than the preset's step trade at 0.01, which makes them effectively more aggressive than the preset.

P8 and P9 instead wait until their lot reaches the broker's minimum. P8 trades from $500 on every preset. P9 starts at about $1,125 of balance on Low, $750 on Medium and High, and $1,200 on Insane. The panel shows the balance at which they start. The "P9 start balance" input lets P9 trade the minimum lot earlier; it is off by default and I don't recommend it on small accounts (in my tests, P9 at 0.01 from $500 doubled the drawdown).

"P8 lot multiplier" and "P9 lot multiplier" (default 1.0) scale those two strategies on top of the preset. A hard cap (Max lot per order, default 1.0) limits every single order of every strategy. Raise it only if your account is large enough to need it.

What drawdown to expect, from my tests on real ticks (January 2025 - October 2026, $500 start, maximum relative equity drawdown):

·         Low: 11.5%

·         Medium: 18.9%

·         High (default): 20.3%

·         Insane: 21.6%

A higher preset scales profits and drawdowns together. In quieter, low-volatility markets the edge is much thinner and flat or losing stretches can last longer than anything in this test, so choose the preset for that case. If in doubt, start with Low.

THE ON-CHART PANEL

·         a status banner with the current state of the EA;

·         a strategy table for P5 to P9: magic number, state, current lot, open positions, pending orders, today's and total result;

·         next events: the next scheduled check of each strategy, the US data window in your broker's server time, and the current market-condition lot multiplier;

·         open positions with colour-coded P/L;

·         account figures: equity, balance, drawdown and max drawdown since attach, margin level, today / week / month result and the 30-day win rate.

A fold button collapses the panel. The CLOSE ALL button closes every Polaris Edge position and deletes every Polaris Edge pending order; it needs two clicks within 4 seconds, so it can't be triggered by mistake. The strategies re-arm on their own at their next schedule. The panel refreshes every second, also when the market is closed, and can beturned off from the inputs.

WHAT YOU NEED

·         MetaTrader 5 build 3815 or higher.

·         A hedging account.

·         XAUUSD or your broker's gold symbol (XAUUSD.r, XAUUSD.m, GOLD, etc.), with a reasonable spread.

·         Enough leverage, because the strategies often trade at the same time: 1:500 recommended on High and Insane, at least 1:200 on Medium, at least 1:100 on Low. With gold around $4,000, 0.01 lot needs about $8 of margin at 1:500 and about $40 at 1:100.

·         A VPS with low latency to your broker's server (under 50 ms).

Attach the EA to one XAUUSD chart, on any timeframe; it reads the timeframes it needs on its own. Run one instance per account and symbol. If you run a second instance on the same account, change the Magic base.

I'd recommend starting on Low or Medium for the first two to four weeks on your broker, then stepping up once you've seen the EA behave on your actual fills and spreads.

INPUTS

·         Risk: preset, fixed lot, percent, max lot per order, P9 start balance, P8 and P9 lot multipliers.

·         Strategies: P5 to P9 on / off.

·         P5 / P6 / P7 stop loss and trailing.

·         Execution, Identification (magic base, order comment) and Display.

·         Legacy: four optional legacy strategies (P1-P4) from earlier versions, off by default. They need an M5 chart and are no longer developed.

Magic numbers: P5-P7 = base + 5 to 7 (563405-563407), P8 = base + 8 (563408), P9 = base + 90 to 111 (563490-563511, one per variant and side).

SYMBOL SCOPE

XAUUSD only. All the settings are calibrated on gold. On EURUSD, indices or crypto it produces nonsense. Don't try it.

RISK WARNING

Trading FX and CFDs is risky, and you can lose all your capital. The numbers in this description are historical and depend on broker conditions; your results will differ. I don't provide investment advice and I'm not liable for trading losses. Demo-test on your broker before going live, and never run the EA on capital you can't afford to lose.