Dominator X
- Experts
- Version: 2.40
- Activations: 5
Dominator X is an automated trading system built for XAUUSD (Gold), engineered to run on the M5 timeframe. It combines algorithmic logic with data-driven market analysis to spot trading opportunities through predefined rules and systematic evaluation — no discretionary guesswork involved.
Supported Settings
- Symbol: XAUUSD
- Recommended Brokers: IC Markets, VT Markets, or any broker offering an ECN / RAW / Low Spread account type
- Timeframe: M5 (Recommended)
- Strategy Type: Algorithmic / Data-Based / Mean Reversion
- Single Order Trading: Yes (up to 2 positions recommended)
- Minimum Deposit: $200 USD for 0.01 lot ($300 recommended for 2–3 positions)
- Maximum Positions: 2 (2–3 recommended on a $300 account)
- Broker Compatibility: Works with 2-digit and 3-digit brokers, any deposit currency, and any GMT offset
- Setup Required: Basic — attach to chart and enable algo-trading
Key Functional Components
- Position Control — Dominator X manages a tightly controlled number of simultaneous positions. There's no martingale, grid, or arbitrage logic anywhere in the system. Every entry and exit is governed by fixed stop-loss and take-profit values set in the input parameters, and a built-in cooldown mechanism prevents the EA from overtrading after back-to-back entries.
- Risk Handling — Lot size and maximum position count are fully configurable to match your account size. A hard safety cap limits risk per trade as a percentage of balance, so an oversized stop-loss can never trigger unexpected drawdown. Trades are automatically blocked during abnormal spread spikes to protect execution quality, and a daily loss limit with a circuit-breaker pauses trading after a set number of consecutive losses.
- Data-Driven Logic — On every tick, the system evaluates recent market data against its internal conditions. Filters check market state, session timing, and price behavior before any order goes out. Everything runs locally inside MetaTrader 5 — no external services, cloud AI engines, or third-party data feeds required.
- Execution Module — Spread and trading conditions are checked before every order is sent, and available margin is verified first, so you won't see orders rejected for insufficient funds. A trailing stop engages automatically once a position hits a defined profit threshold, locking in gains as price moves further in your favor. Market conditions are reassessed after every closed trade before a new entry is allowed, and open positions are force-closed after a configurable timeout to avoid stale trades sitting on the chart.
How to Start
- Attach Dominator X to an XAUUSD M5 chart.
- Set your lot size and maximum position count in the input parameters.
- Enable algo-trading in MetaTrader 5.
- Dominator X begins monitoring the market and trades according to its internal rule set.
For ECN brokers like IC Markets, a Raw Spread or True ECN account type will give the best results. A VPS is strongly recommended for uninterrupted, 24/5 operation.
Usage Notes
Trade frequency isn't constant — there will be stretches with no trades at all, depending on market conditions and which internal filters are active. Results depend on broker execution quality, spread conditions, VPS uptime, and overall market volatility. Always test different configurations in the MetaTrader 5 Strategy Tester before going live. Dominator X is built for ECN-type brokers, and performance may vary on market-maker or fixed-spread accounts. A minimum balance of $200 is required for safe operation at 0.01 lot; $300 or more is recommended when running 2–3 positions at once.
