Mystic Gold MT5
- Experts
- Version: 1.0
- Activations: 20
Designed for fast-moving markets, the system combines trend-following and scalping logic to capture short-term opportunities during periods of strong market momentum and volatility.
Its proprietary signal framework focuses on identifying high-probability reversal zones, supported by volatility and market-structure confirmations. Once a position is opened, the EA continuously monitors market conditions and dynamically manages the trade using adaptive trailing logic and intelligent position management. Positions can be closed automatically when market structure changes, helping limit downside exposure and protect accumulated gains.
Mystic Gold MT5 also incorporates end-of-day risk management, allowing open positions to be managed or closed according to predefined rules to reduce unnecessary overnight exposure.
Key Features
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Dedicated to XAUUSD — purpose-built for Gold trading
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Trend-scalping strategy — designed for short-term market movements
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Momentum & volatility analysis — adapts to dynamic market conditions
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High-probability reversal detection — supported by market-structure confirmation
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Adaptive trailing management — dynamically manages open positions
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Intelligent position management — reacts to changing market conditions
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End-of-day risk control — helps reduce overnight exposure
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Fully automated execution — no manual intervention required
Mystic Gold MT5 features a clean and user-friendly configuration interface. No complex optimization is required — the default settings are carefully optimized to represent the intended trading methodology.
The EA is optimized for 2-decimal XAUUSD pricing and a recommended starting balance of $500.
Trade Gold with a system built around momentum, volatility, market structure, and disciplined position management.
Settings:
| Max Spread | = 30 to 60 (Must be higher than the average spread of the pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 1.0 to 3.0 (= 1 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Take Profit | = 2500 (points) |
| Stop Loss | = 10000 (points) |
| Trailing | = 10 (points) |
| Start Trailing | = 50 (points) |
| Max Trades | = 10 |
| Time Start | = 01:20 |
| Time End | = 22:20 |
| Close at Time End | = True |
| Magic Number | = your number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
This EA is specifically designed for Gold (XAUUSD).
Timeframe: any timeframe. Use VPS with low latency (< 30ms).
Use EA with ECN or Raw spread accounts, spread < 35 points. Min Balance: $ 500
Account type: Hedged is better.
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 2300.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Take Profit = 15000 (instead of the default value = 1500). Because Point calculation is different with 2 decimal places.
