Forever EA
- Experts
- Version: 2.17
- Activations: 20
FOREVER EA — discipline over emotion in Gold trading
Gold (XAUUSD) is one of the most volatile and most traded instruments on the market — which is exactly what makes it hard to trade manually. Fast moves, emotional decisions, a missed entry or a late exit all add up to a cost.
FOREVER EA is a fully automated Expert Advisor for MetaTrader 5, built specifically for XAUUSD. It isn't designed to trade often just to look active — its objective is to participate only when the market structure genuinely matches the strategy's conditions, removing emotion from the process entirely.
How the strategy works
FOREVER EA is built around breakout and continuation logic: it tracks the formation of key levels and opens a position once price confirms a breakout with signs of trend continuation.
- Trades both directions — BUY and SELL — capturing opportunity whether Gold is rising or falling
- Not dependent on a single market direction — long and short performance are closely matched
- Enters selectively rather than on every possible setup
- Fully automated execution — no manual intervention required
Capital management & account protection
The trading logic is only half of the system. The other half is the built-in risk-management layer that sets FOREVER EA apart from simple indicator-based EAs:
- Equity/Deposit Floor Protection — the EA continuously monitors account capital and automatically blocks new trades once a protective level is reached. Trading resumes only after capital recovers to an acceptable level.
- Dynamic Lot Management — position size can automatically adapt to account capital, letting trading volume grow with the account without manual adjustment.
- Profit Protection — break-even and active position management reduce the risk of giving back profit once a trade develops favorably.
- Controlled Trading Exposure — the number of trades is deliberately limited; the EA does not try to compensate for a difficult market with endless entries.
- Execution Condition Control — spread is checked before every entry, and trades are skipped when the spread is excessive.
Together these mechanisms form a single risk-management layer: FOREVER EA decides not only when to enter, but also how much exposure to use, when to protect an open position, and when to stop trading altogether.
Backtest results
| Metric | Value |
|---|---|
| History Quality | 100% |
| Initial Deposit | 760.00 |
| Total Net Profit | 14,216.44 |
| Gross Profit | 25,111.82 |
| Gross Loss | -10,895.38 |
| Profit Factor | 2.30 |
| Recovery Factor | 10.38 |
| Sharpe Ratio | 9.62 |
| Total Trades | 207 |
| Profitable Trades | 121 (58.45%) |
| SELL winning | 103 trades, 58.25% |
| BUY winning | 104 trades, 58.65% |
| Relative Balance Drawdown | 16.83% |
| Relative Equity Drawdown | 27.48% |
The near-identical BUY/SELL performance is worth noting — it suggests the result isn't carried by a single favorable market direction, and the strategy is genuinely balanced.
Input parameters
Names below are descriptive — please match them to the exact input names in your EA code before publishing.
- Lot Mode — position sizing mode: fixed lot or dynamic (based on account capital)
- Fixed Lot / Risk % — base lot size or risk percentage per trade in dynamic mode
- Equity Floor Level (%) — protective capital threshold that blocks new trades once reached
- Break-even Enable — enables moving a trade to break-even after a defined price advance
- Max Spread (points) — maximum spread allowed for a new trade to open
- Max Trades Limit — limit on concurrent/daily trades
- Magic Number — unique identifier for the EA's orders
- Take Profit / Stop Loss — protective level settings for each trade
Who is this for
FOREVER EA is built for traders who:
- prefer algorithmic discipline over emotion-driven manual decisions;
- want a systematic, not intuitive, approach to trading XAUUSD;
- value built-in capital protection as much as potential returns.
MetaTrader 5 | XAUUSD | Fully Automated Expert Advisor
Past performance does not guarantee future results. Trading financial markets involves risk of capital loss.
